South Lake is a mid-sized suburb in Western Australia within the Cockburn local government area (postcode 6164). With a population of 5,831, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $91K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in South Lake is $660,000, having surged 20% over the past year. Units have a median price of $400,000 (+20.8% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,600.

South Lake is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 33 bus stops.

From an investment perspective, South Lake offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($660K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved +20.0% year-on-year.