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Lockleys

POSTAL CODE: SA, 5032
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Property investors enjoyed capital gains of 14.83% over the last 12 months in LOCKLEYS, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 8.35% growth over a ten-year period. It ranks 965th on our list of suburbs that property investors should look into.

LOCKLEYS, 5032 has a capital gain of 14.83% for the past year, which is lower than average compared to its 79.47% growth within a five-year period.

With the median home price in LOCKLEYS sitting at $1,355,000, and the average rent at $675, property owners could potentially earn a 2.59% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LOCKLEYS are low, as opposed to average gains per annum over the past five years.

LOCKLEYS, 5032 in SA belongs to the local government area of West Torrens.

Surburb overview

Lockleys, located approximately 6 kilometres west of Adelaide’s central business district, is a well-established and peaceful suburb within the City of West Torrens. Known for its tree-lined streets, access to green spaces, and proximity to both the city and the coast, Lockleys offers a balanced suburban lifestyle. The suburb is popular with families, professionals, and retirees who appreciate its quiet atmosphere, convenient location, and abundance of amenities. The suburb has a population of around 5,500 residents.

The demographic of Lockleys includes a mix of families, professionals, and older adults. Housing in Lockleys ranges from well-maintained older homes and post-war bungalows to more modern developments and townhouses. Many homes are owner-occupied, and the suburb's peaceful character appeals to long-term residents. The median age of residents is slightly above the national average, reflecting its attraction to established families and retirees seeking a relaxed, suburban lifestyle.

Public transport in Lockleys is well-serviced, with multiple bus routes connecting the suburb to Adelaide’s CBD, the airport, and surrounding areas. Lockleys’ location near major roads such as Henley Beach Road and Grange Road provides easy access to the city, Adelaide Airport, and the nearby beaches, including Henley Beach and West Beach.

Lockleys offers a range of local amenities, including nearby shopping centres such as Lockleys Shopping Centre and Fulham Gardens Shopping Centre, where residents can find supermarkets, cafes, and essential services. The suburb is also close to the larger Westfield West Lakes, which offers a broader selection of retail, dining, and entertainment options.

One of the standout features of Lockleys is its access to green spaces and recreational facilities. Linear Park, which follows the course of the River Torrens, runs through the suburb, offering scenic walking and cycling trails, picnic areas, and playgrounds. The park is a popular spot for families and outdoor enthusiasts, providing opportunities for fitness, relaxation, and enjoying the natural surroundings. The Lockleys Oval and Kooyonga Golf Club, one of Adelaide’s premier golf courses, are also located within the suburb, adding to its appeal for sports and recreation.

Educational facilities in Lockleys include several local primary schools, such as Lockleys North Primary School and St Francis School, making the suburb a convenient choice for families. Nearby high schools, such as Underdale High School and Henley High School, provide additional educational options for older students.

With its peaceful, family-friendly atmosphere, excellent access to parks and amenities, and proximity to both the city and the coast, Lockleys is a highly desirable suburb for a wide range of residents. Its combination of green spaces, quality housing, and convenient transport links make it an ideal location for those seeking a balanced suburban lifestyle close to Adelaide’s urban centre.

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