West Lakes Shore is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5020). With a population of 3,236, the suburb has a mature demographic with a median age of 48. Households earn a median income of $91K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in West Lakes Shore is $1.4 million, having increased 2.7% over the past year. The current median weekly rent is $625. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
West Lakes Shore is served by 1 school, including 1 primary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Charles Sturt LGA is moderate at 4,234 incidents per 100,000 population.
From an investment perspective, West Lakes Shore offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +2.7% year-on-year.
West Lakes Shore is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5020). With a population of 3,236, the suburb has a mature demographic with a median age of 48. Households earn a median income of $91K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in West Lakes Shore is $1.4 million, having increased 2.7% over the past year. The current median weekly rent is $625. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.
West Lakes Shore is served by 1 school, including 1 primary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Charles Sturt LGA is moderate at 4,234 incidents per 100,000 population.
From an investment perspective, West Lakes Shore offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +2.7% year-on-year.