SUBURB GUIDE · QLD 4074

Westlake

Named for its lake and running down to the river, the Centenary suburb people rarely leave.

Why Westlake

Our office is on Westlake Drive. We walk the same streets as the people we sell for, and when a home in Westlake is about to come to market, the buyers who want it are already in our database.

More about Westlake

Westlake is a suburb people stay in. Riverside streets, the lake at its centre, big blocks and homes that were built to be lived in for decades. Homes come up rarely, so pricing them well matters more here than almost anywhere else in the Centenary suburbs.

Westlake in numbers

The Westlake market, in five figures

$1.55mMedian house price
$875Median rent a week
2.9%Gross yield
39Houses sold, 12 months
24daysAverage on market

Houses. CoreLogic data via Your Investment Property: median price, sales and days on market for the 12 months to 30 June 2026; median rent at 31 August 2026. Gross yield is annual rent divided by median price, before costs.

What buyers pay for

What makes Westlake worth more

01

Water

River frontage and river outlook carry a clear premium, and lake-facing streets carry a second tier. Buyers know the difference between "river precinct" and "river view", and so should the price.

02

Land and quiet

Westlake's larger blocks attract upgraders from Jindalee and Middle Park who want space without leaving 4074. A flat, usable backyard is worth more than an extra bedroom to most of them.

03

Renovation done properly

Many Westlake homes are 1980s builds. Buyers pay for finished renovations and discount unfinished ones heavily. If yours is halfway, talk to us before you spend another dollar.

Swipe for more

Living in Westlake

Schools, transport and weekends

  • No schools inside the suburb. Primary catchments: Middle Park State School and Jamboree Heights State School (about half each by land area).
  • Centenary State High School, Jindalee: secondary catchment for nearly all of the suburb.

TEAM in Westlake

On the market and recently sold

Modern Family Home with Expansive Outdoor Living in an Elevated Westlake Position

Positioned in a peaceful and family-friendly pocket of Westlake, this...Read More→

4
2
2
$925 per week

LET’S TALK – Elevated Family Living in Sought-After Westlake

Positioned in a quiet Westlake cul-de-sac, this spacious family home...Read More→

4
2
2
$950 per week

Spacious Family Home with Versatile Design

Perfectly positioned in a leafy pocket of Westlake, this impressive...Read More→

5
3
2
Sold $1,500,000

STUNNING RIVERFRONT REAL ESTATE

Auction Location: 37 Carnegie Street, Westlake QLD 4074 Welcome to...Read More→

4
3
3
Sold

LET'S TALK HOME!

Amazing Unique Opportunity!! Proudly prominent at the most famous street...Read More→

4
3
2
Sold

TeeKay and his team are the only real estate agents I have ever felt were being honest and upfront with me, and I suspect we got an amazing price because buyers feel the same.

Sellers, Taringa

Caleb demonstrated unparalleled professionalism. The experience exceeded all our expectations.

Emily and James, Toowong

Madu has been the most attentive, engaged agent I have dealt with. He cared about the sales outcome for us, which is rare.

David and Sue, Springfield

Your Westlake agent

Selling in Westlake?

TeeKay, Founder & CEO, TEAM Estate Agents
TeeKayFounder & CEO0488 090 191

A written appraisal, the comparable sales behind it, and a straight answer on timing. No obligation.

About TeeKay

Free appraisal

What would it sell for today? Written, with comparable Westlake sales.

Questions people ask

Westlake, answered

What is my Westlake home worth?

It depends on your street, your block and your finish. TeeKay will give you a written appraisal with comparable Westlake sales, free, usually within 48 hours of seeing the home.

How long does it take to sell a house in Westlake?

Houses in Westlake averaged 24 days on market over the 12 months to 30 June 2026 (CoreLogic). A well-priced home launched to buyers already waiting in our database often moves faster than the suburb average.

What does a house in Westlake rent for?

The median house rent in Westlake is $875 a week (CoreLogic, August 2026), a gross yield of about 2.9% on the median price. Laura Hilton can give you a written rental appraisal for a specific property.

Is auction or private treaty better in Westlake?

Auction suits homes with a feature that creates competition, such as river frontage. Most Westlake homes sell well by private treaty with a clear price. We'll recommend one and explain why.

Which school catchments cover Westlake?

No schools inside the suburb. Primary catchments: Middle Park State School and Jamboree Heights State School (about half each by land area). Centenary State High School, Jindalee: secondary catchment for nearly all of the suburb. Catchments change, so always check a specific address on the Queensland Government EdMap.

Nearby suburb guides

Scroll to Top
TEAM. Concierge