Giving property investors a a poor capital gain of -11.55% for the last year, Mount Lawley, 6050 is the 3927th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Mount Lawley has given property investors a paper return of -3.26%. This puts Suburb as 336 on a list of fastest fasting appreciating suburbs in WA
Property buyers and investors in Mount Lawley 6050 should be seeing an average reduction in asking price of around -7.21% . This means that Mount Lawley is holding prices well when compared to other suburbs in WA.
With the median price for a house in Mount Lawley being $928750 and the advertised rent reaching $522.5 the gross rental yield for property investors calculates out to be 2.93%
Investment property in Mount Lawley has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.38%
Mount Lawley,6050 was ranked 696 in Australia by increase in median property value over the quarter.
The most recent median price for Mount Lawley is $410000, with sellers offering an average of -7.49% off the asking price.
The WA suburb of Mount Lawley, 6050 is in the Stirling local government area.
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.