3 Binney Rise

South Lake WA 6164

The size of South Lake is approximately 3.3 square kilometres. It has 13 parks covering nearly 15.7% of total area. The population of South Lake in 2011 was 5,971 people. By 2016 the population was 5,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lake is 20-29 years. Households in South Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Lake work in a trades occupation. In 2011, 72.8% of the homes in South Lake were owner-occupied compared with 71.8% in 2016.

South Lake has 2,526 properties. Over the last 5 years, Houses in South Lake have seen a 93.10% increase in median value, while Units have seen a 47.12% increase. As at 31 July 2024:

• The median value for Houses in South Lake is $733,765 while the median value for Units is $432,488.
• Houses have a median rent of $580 while Units have a median rent of $330.