Over the last year, property investments in Mount Lawley, 6050 have given investors a capital gain of -7.94%. This compares badly with the -5.06% for WA as a whole.
Over the longer term, Mount Lawley has seen property prices show investors a -7.86% return over the last 3 years. This is worse than over the last 12 months
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Mount Lawley itself are offering an average vendor discount of -8.06% to real estate investors.
At number 2549 in a list of fastest selling suburbs, Mount Lawley is in the bottom 40% of suburbs in Australia with an average of days on market 96.82 for properties listed there.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
WA has seen average median house prices change by -3.52% which means that Mount Lawley, 6050 has not done well for property investors by showing a capital gain of -4.65% over the last year
Taking the average capital gain, or increase in median house value, Mount Lawley,6050 has racked up an average of -4.65% over the period. This ranks it number 1334th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mount Lawley is $410000, with sellers offering an average of -7.31% off the asking price.
Mount Lawley, 6050’s gross rental yield is 4.31%
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.