About West Lakes Shore

West Lakes Shore is a suburb in Adelaide, South Australia, known for its picturesque waterfront location along the shores of West Lakes. Offering a blend of residential and recreational spaces, the area is popular for its scenic views, parks, and proximity to the Westfield West Lakes shopping center.
About West Lakes Shore
West Lakes Shore
West Lakes Shore

Suburb Statistics

* Derived from publicly available listing data over a 12 Month period starting October 01, 2023

Summary

49 Total number of listingsin the past 12 months
House listings42
Unit listings7
Median Days On Marketin the past 12 months
House21
Unit22
Average Sales Pricein the past 12 months
House$1,165,827
Unit$879,292

Demographics

3,236 Total Suburb population
0-45-1920-2425-3435-4445-6465-Over0200400600800163497444299408838886
Age Range
1,435 Total Private Dwellings
House:1,244
Owned Ratio:84.49%
Rented Ratio:13.98%
Unit:187
Owned Ratio:63.47%
Rented Ratio:31.74%

Housing Market

House Statistics
Total Sold Properties30
Median Days On Market21
Median Sold Price$1,153,500
Rental Yield3.30%
Median Sold Price Growth34.10%
Vacancy Rate0.00%
Auction Clearance Rate0.00%
Unit Statistics
Total Sold Properties5
Median Days On Market22
Median Sold Price$900,225
Rental Yield3.10%
Median Sold Price Growth111.80%
Vacancy Rate0.22%

Listing Count - 12 Months

House
Unit
Oct '23Nov '23Dec '23Jan '24Mar '24Apr '24May '24Jun '24Jul '24Aug '240123456
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Market Activity in (West Lakes Shore), last 12 months

Suburb listings
Number of Listings*14* House & Units
Suburb Rental Properties
Rental Properties*1* During Jul 2024
Suburb Sold Properties
Sold Properties*35* House & Units

Lifestyle and Amenities

Waterfront Living:

West Lakes Shore offers a relaxed lifestyle with many homes enjoying waterfront views, providing residents with a tranquil and scenic environment.



Recreational Spaces:

The suburb features parks, walking trails, and access to the West Lakes itself, providing opportunities for outdoor activities, picnics, and water-based recreation.



Shopping and Convenience:

Residents benefit from the nearby Westfield West Lakes shopping center, offering a range of retail outlets, dining options, and essential services, enhancing the overall convenience of daily life.

Lifestyle and Amenities
Investment Opportunities

Investment Opportunities

Property Appreciation:

West Lakes Shore has seen steady property value appreciation due to its desirable waterfront location, making it a potential long-term investment with the prospect of capital growth.



Rental Demand:

The suburb's appeal and amenities attract tenants, providing investment opportunities for rental properties with a stable demand for housing.



Proximity to Infrastructure:

With access to Westfield West Lakes and convenient transportation links, the suburb's proximity to essential infrastructure enhances its investment appeal, attracting both residents and businesses.

Unique Characteristics

Waterfront Living:

West Lakes Shore stands out for its idyllic waterfront setting along West Lakes, offering residents unique access to scenic views, water-based recreation, and a serene lifestyle.



Integrated Community:

The suburb combines residential living with amenities like parks, shopping centers, and easy access to essential services, fostering a well-integrated community with a blend of recreational and practical conveniences.

Unique Characteristics