Free full calculator →
Suburb Insights · SA 5020

West Lakes Shore, SA 5020 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Adelaide
West Lakes Shore
South Australia · 5020
13 km from Adelaide CBD
View on Google Maps ↗

Key Indicators

Postcode
5020

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

Australia Post Postcode Finder →
Population
3,236

Usual resident population at the most recent census.

Median weekly rent
$390/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$91,416/yr

Annual median household income (before tax) across all households.

Distance to CBD
13 km

Straight-line distance from the suburb centroid 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.

Find schools near West Lakes Shore on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
65% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in West Lakes Shore

Who West Lakes Shore Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the South Australia median — stretch goal.
💼ProfessionalsAround 13 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Established infrastructure and existing community base.

Cons

  • Median mortgage sits above the South Australia state median — entry costs are stretched.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

3,236 residents places West Lakes Shore squarely in the middle of the South Australia suburb size distribution (state median 3,699), with market depth comparable to most SA localities. Households here earn $91,416/year on average — 13% above the SA suburb median of $80,964 — a modest premium that supports resilient owner-occupier demand. Rent of $390/week (87% coverage of the $1,950/month median mortgage) leaves a gap of roughly $260/month that a typical investor bridges with negative gearing, depreciation and capital growth. 13 km from Adelaide places West Lakes Shore in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.

West Lakes Shore vs South Australia Median

How West Lakes Shore stacks up against the median of all South Australia suburbs in our dataset. Positive values mean West Lakes Shore sits above the state median; negative means below.

MetricWest Lakes ShoreSA medianΔ vs state
Population3,2363,699-13%
Median household income$91,416/yr$80,964/yr+13%
Median rent (weekly)$390$320+22%
Median mortgage (monthly)$1,950$1,616+21%
Distance to CBD13 km13 km0%
Separate houses65%73%-8pp

Investor Checklist

Pre-inspection briefing for West Lakes Shore — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: West Lakes Shore's 3,236-person market and $91,416 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $390/week (~$1,690/month) covers 87% of the $1,950/month median mortgage repayment, so the shortfall sits at just $260/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 65% houses in a 3,236-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

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 — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for West Lakes Shore are modest for 2026 — incomes 13% above the SA median of $80,964 and a population of 3,236 suggest gains will lag headline metro markets. Rental coverage runs at ~87% of the typical mortgage ($1,690/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 69/100 places West Lakes Shore in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

Share your experience of West Lakes Shore

Lived in West Lakes Shore? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is West Lakes Shore a good suburb for investment?

West Lakes Shore scores 69/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,236, median household income of $91,416/year and median weekly rent of $390. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in West Lakes Shore?

The main demand drivers in West Lakes Shore are proximity to Adelaide (13 km), an above-state-median household income of $91,416/year, a dwelling mix that is 65% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of West Lakes Shore?

West Lakes Shore has a usual resident population of approximately 3,236, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is West Lakes Shore from the Adelaide CBD?

West Lakes Shore sits 13 km straight-line from the Adelaide CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in West Lakes Shore?

The most recent census recorded a median weekly rent of $390 in West Lakes Shore, equating to approximately $20,280/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in West Lakes Shore?

The median monthly mortgage repayment in West Lakes Shore is $1,950, or approximately $23,400/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is West Lakes Shore cash-flow positive for investors?

A median weekly rent of $390 works out to $1,690/month, covering 87% of the median mortgage repayment of $1,950/month. That leaves a $260/month shortfall (around $3,120/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in West Lakes Shore?

The main risks are a thin buyer pool (3,236 residents), interest-rate sensitivity on the $1,950 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this West Lakes Shore profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources