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Suburb Insights ยท SA 5020

West Lakes Shore 5020, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

West Lakes Shore is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 3,236, making it a boutique locality. Located approximately 13 km from the Adelaide CBD, West Lakes Shore is a middle ring area in South Australia. The median household income is $91,416 AUD per year (ABS 2021 Census).

Investment Score

69 / 100 Good

Above-average earnings in West Lakes Shore support sustained property values. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows West Lakes Shore, South Australia, Australia.

Key Indicators

Postcode
5020

Official Australia Post postcode for West Lakes Shore. A postcode may cover multiple suburbs.

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Population
3,236

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$390/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$91,416/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
13 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
65% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

West Lakes Shore's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $390/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. The median household income of $91,416/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Solid fundamentals in West Lakes Shore support capital growth over a medium to long hold period.

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Rental Yield

Expect competitive but not exceptional rental returns in West Lakes Shore's current market.

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Renovation / Flip

Limited buyer depth in West Lakes Shore makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a West Lakes Shore property

Full Property Analysis

30-year projections for West Lakes Shore

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

The outlook for capital growth in West Lakes Shore is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenants in West Lakes Shore have options โ€” presenting well-maintained properties is key to minimising vacancy. West Lakes Shore offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is West Lakes Shore a good suburb for investment?

West Lakes Shore is a middle ring area in South Australia with a population of 3,236. The median rent is $390/week and the median household income is $91,416/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in West Lakes Shore?

Key demand drivers in West Lakes Shore include established amenities and transport access. 65% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of West Lakes Shore?

According to the ABS 2021 Census, West Lakes Shore has a population of approximately 3,236. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is West Lakes Shore from the Adelaide CBD?

West Lakes Shore is approximately 13 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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