West Beach is a mid-sized suburb in South Australia within the Charles Sturt local government area (postcode 5024). With a population of 5,175, the suburb has a mature demographic with a median age of 45. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in West Beach is $1.6 million, having surged 22.7% over the past year. Units have a median price of $514,000 (+16% YoY). The current median weekly rent is $588. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
West Beach is served by 1 school, including 1 primary. The average ICSEA score is 1089, which is above the national average of 1,000. Public transport access includes 48 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,556 incidents per 100,000 population.
From an investment perspective, West Beach offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 17.9x is considered stretched. House prices have moved +22.7% year-on-year.
West Beach is a mid-sized suburb in South Australia within the Charles Sturt local government area (postcode 5024). With a population of 5,175, the suburb has a mature demographic with a median age of 45. Households earn a median income of $91K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in West Beach is $1.6 million, having surged 22.7% over the past year. Units have a median price of $514,000 (+16% YoY). The current median weekly rent is $588. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
West Beach is served by 1 school, including 1 primary. The average ICSEA score is 1089, which is above the national average of 1,000. Public transport access includes 48 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,556 incidents per 100,000 population.
From an investment perspective, West Beach offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$950K), placing it in the premium segment. The price-to-income ratio of 17.9x is considered stretched. House prices have moved +22.7% year-on-year.