If you compare the increase in value of investment property in Mount Lawley, 6050 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -8.42%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Lawley comes in at number 328th in WA.
Property investors looking for a bargain in Mount Lawley should be aiming for at least -7.60% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Mount Lawley the average time real estate has been on the market is 67.72 days.
Mount Lawley, 6050’s gross rental yield is 2.81%
Mount Lawley, 6050 ranked 47th in WA when comparing growth in median property values or capital gain over the last 12 months. Mount Lawley is one of 1662 in our list for WA
Mount Lawley,6050 has offered an average of -3.81% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Mount Lawley is offering property investors an average of -8.71. This rate of discount on properties puts Suburb at number 58th in terms of most discounted suburbs in WA
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.