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Lockleys is a suburb in City of West Torrens, Australia with 5628 residents. The median house price is $1.1M with a rental yield of 2.8%. Our analysis rates Lockleys with a suburb score of 80/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
80
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Lockleys has a suburb score of 80/100 for investment timing, placing it among the top-performing suburbs in City of West Torrens for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Lockleys as a priority suburb.
Lockleys's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Lockleys include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Lockleys has outperformed many suburbs in City of West Torrens for property value appreciation.
Lockleys is located within City of West Torrens Local Government Area in Australia. City of West Torrens encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Lockleys is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Lockleys is $1.1M based on recent sales data. As a premium suburb in City of West Torrens, Lockleys typically attracts investors focused on capital appreciation and wealth preservation through quality property assets.
Lockleys has an average rental yield of 2.8%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Lockleys typically focus on long-term wealth building rather than immediate cash flow.
Lockleys has a population of approximately 5628 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Lockleys is a medium-sized suburb with a balanced community feel and access to local services.
Lockleys's suburb score of 80/100 can be compared against other suburbs in City of West Torrens to identify relative investment value. With a score above 80, Lockleys ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in City of West Torrens using our platform to find the best investment opportunities.