Property value increases in Mount Lawley have tracked close to the WA average of -2.82% over the last 12 months.
Over the longer term, Mount Lawley has seen property prices show investors a -14.35% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Mount Lawley is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 176th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 10.67 sales per month, which equates to 128 per year.
Mount Lawley has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of 0.85% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Lawley has increased when compared to the 5 year average annual rate.
Vendor discounting in Mount Lawley is giving property investors an average Vendor Discount of around -8.57%. This puts suburb at number 57th in WA when ranking the most discounted suburbs.
Mount Lawley, 6050’s gross rental yield is 3.75%
Mount Lawley seems to be bucking the trend of Perth’s overall real estate marketFull summary
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Mount Lawley seems to be bucking the trend of Perth’s overall real estate market.Close
The inner-city suburb, which abuts the Swan River, has seen a dramatic drop in the amount of stock on market, which is currently down 24.7%.
Mount Lawley’s location is likely to be major factor in its growing popularity.
It is just 3km from the Perth CBD and surrounded by a number of Perth’s major amenities.
The suburb is home to the Edith Cowan University and Mount Lawley Senior High School. Mount Lawley Golf Course is on its northern perimeter, while nib Stadium is to the south.
The Mount Lawley railway station offers public transport links to the rest of Perth.
The suburb seems to be relatively popular with tenants, with its vacancy rate a respectable 3.4%, according to Real Estate Investar.