Thinking about buying in Westlake? Now could not be a better time, with a whopping 1847 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $987,000 with prices in this suburb ranging from $600,000 to $1,598,000.Distance to the coast is 26 Km.
Consistent high demand relative to supply is a key feature in Westlake driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Westlake ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Westlake provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Westlake necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$594.00|
|Median Monthly Mortgage||$2282.33|
|Median Persons Per Bedroom||0.71|
|Average Household Size||3.00|
|Average Cars Per Dwelling||3.14|
|Average Properties Within 50M||9.00|
|15 TOLAGA ST, WESTLAKE, QLD, 4074||4||3||1||Offers over $849,000|
|2 CARNEGIE ST, WESTLAKE, QLD, 4074||4||2||2||1100000|
|276 WESTLAKE DR, WESTLAKE, QLD, 4074||4||3||4||1050000|
|206 WESTLAKE DR, WESTLAKE, QLD, 4074||5||3||2||1800000|
|210 WESTLAKE DR, WESTLAKE, QLD, 4074||5||3||3||1625000|
|6 RIVERVIEW CL, WESTLAKE, QLD, 4074||5||3||2||950000|
|242 WESTLAKE DR, WESTLAKE, QLD, 4074||5||3||2||1100000|
|7 AVINIA PL, WESTLAKE, QLD, 4074||4||2||2||980000|
|3 BARCOORAH ST, WESTLAKE, QLD, 4074||4||2||2||980000|
|65 CARNEGIE ST, WESTLAKE, QLD, 4074||5||4||3||2300000|
None within suburb boundary(While the above schools are located with the suburb of Westlake there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
Hybrid Fibre Coaxial (HFC)
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