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The South Lake Ottey Family and Neighbourhood Centre on South Lake Drive hosts regular community programs and activities.
The South Lake Ottey Family and Neighbourhood Centre on South Lake Drive hosts regular community programs and activities.
You'll find diverse housing, with 93.5% being separate houses, many quality brick homes built in the 1970s and 80s.
Lakes Shopping Centre on Berrigan Drive features a Coles supermarket (open until 9pm weekdays) and various specialty stores.
South Lake Primary School, an Independent Public School on Elderberry Drive, serves local families with dedicated programs.
$600,000
Approximate public-data median
Young professionals, first-home upgraders, and investors drawn by lifestyle and growth potential
Perth's property market remains strong heading into 2026, with low stock levels and sustained buyer demand across established suburbs.
Market figures are indicative estimates from public suburb data. Confidence: unknown.
South Lake's median house price was $600,000 as of April 2024, indicating sustained buyer demand in the area.
House prices in South Lake demonstrated strong quarterly growth of 5.3% in the period ending May 2024, according to REIWA.
Investors are seeing gross rental yields around 5.1% for houses (May 2024), with Perth's vacancy rate below 1%.
Median house price data supports clearer pricing expectations before launch.
Based on the approximate South Lake median house price of $600,000, here's what you'd pay a traditional agent vs KeyHive.
Plus marketing costs and GST on commission
Savings calculated on median price at 2.5% commission. Actual commission rates vary. KeyHive service fee paid at settlement. Upfront marketing costs apply to both models.
South Lake buyers expect well-presented homes. Declutter, deep clean, and consider professional styling. First impressions at the front door and online listing photos drive enquiry volume — invest in professional photography.
Spring and early autumn are traditionally the strongest selling seasons in Perth. However, well-priced properties in South Lakeattract buyer interest year-round due to the suburb's strong desirability. List when your home is ready, not when the calendar says so.
Overpricing is the most common mistake sellers make. In South Lake, buyers are well-informed and will compare your property to recent sales in the area. A realistic price from day one generates more enquiries, more competition, and ultimately a better result than starting high and reducing.
Understand what draws buyers to South Lake — lifestyle, schools, proximity to amenities — and make sure your marketing highlights those features. Buyers in this suburb pay for location and lifestyle, so let your listing tell that story.
Get a no-obligation appraisal and find out what your South Lake property is worth. Full-service agent support for $8,000 flat fee.