Question 1

Is West Lakes a nice place to live?

Accepted Answer

West Lakes is a waterside suburb centred on an artificial lake and marina, with streets by the water featuring larger homes and apartments and inner streets of mature suburban houses among established trees. The foreshore has boating, walking and cycling paths, parks and playgrounds, and Westfield West Lakes acts as the main shopping and dining hub. Good road links and regular bus services make day-to-day errands and travel straightforward.

The community of 6,768 has a median age of 54 and is largely owner-occupied, with about five in six households owned outright or with a mortgage, and most families in couple households. Several planning and local projects are under way or proposed, including a state rezoning process for a major mixed-use transformation of Westfield West Lakes, a draft rezoning of the former SA Water site, council plans to upgrade Jubilee Reserve, and the Ngutungka West Lakes library and community centre is open. That combination tends to suit families, professionals and downsizers seeking a coastal-adjacent, amenity-rich neighbourhood; whether West Lakes is right for you depends on what you want from a suburb.

Question 2

Is it expensive to live in West Lakes?

Accepted Answer

On these figures, buying a house in West Lakes sits well above what local households earned at the last Census. The median house price of $1,365,000 is about 17.0 times a typical local household's annual income at the last Census (weekly household income $1,548, annualised $80,496).

Renting would also take a large slice of a typical local household income: a house rent of $700 a week is about 45.2% of that weekly income, while a unit rent of $600 a week is about 38.8%. If you're renting rather than buying, the rent share is the most relevant figure; whether those shares feel expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is West Lakes a good place to invest?

Accepted Answer

Unit values climbed 15.3% over the past 12 months, a strong rise, while house values increased a solid 5.5%. On the rental side, house rents rose 4.5% over the year, a moderate gain, and unit rents edged up 1.7%, a slight increase.

For someone assessing West Lakes as an investment, the figures show capital growth this year was concentrated in units, while house rents improved more than unit rents. Which of those outcomes matters to you depends on whether you prioritise capital growth or rental income and on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.36M	N/A
Change in value Past 12 months	5.5%	15.3%
Sold Past 3 months	43	9
Median days on market Past 12 months	67	53
Average rent Past 12 months	$700	$600
Change in rent Past 12 months	4.5%	1.7%

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