Suburb Profile Report for Mount Lawley WA (6050)

Mount Lawley House: Median price $928,750, Annual capital growth 2.16%, Number of sales 106, Weekly median advertised rent $523

Mount Lawley Unit: Median price $410,000, Annual capital growth 2.39%, Number of sales 75, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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.

YIP MAG Information supplied by:

YIP MAG
January 2016

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Mount Lawley seems to be bucking the trend of Perth’s overall real estate marketFull summary

Mount Lawley seems to be bucking the trend of Perth’s overall real estate market.

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.

Close
Metrics i HOUSE UNIT
$928,750 $410,000
-3.26% 1.23%
-11.55% -2.38%
2.16% 2.39%
$523 $310
106 75
2.93% 3.93%
72.09 86.5

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Mount Lawley WA
Demographics
Total population 10702
Median household income ($/weekly) 1718
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1061 9.9
    25-34 years 2201 20.6
    35-44 years 1501 14.0
    45-54 years 1470 13.7
    55-64 years 1185 11.1
    Others 3285 30.7
    Age Group
    Census Count Percent(%)
    Not Married 3676 46.8
    Registered Married 3136 39.9
    Defacto Relationship 1040 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6359 63.8
    Japan 298 3.0
    Papua New Guinea 243 2.4
    United Kingdom 951 9.5
    Other 631 6.3
    Others 1481 14.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 283 3.0
    Christianity 5546 57.8
    Hinduism 133 1.4
    Islam 145 1.5
    No Religion 3313 34.5
    Others 173 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 468 12.4
    $2,000-$2,499 287 7.6
    $2,500-$2,999 513 13.6
    $3,000-$3,499 295 7.8
    $4,000 or more 375 9.9
    Others 1845 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3959 45.6
    Not in the labour force 2237 25.8
    Employed, worked part-time 1866 21.5
    Employed, away from work 342 3.9
    Unemployed, looking for work 276 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 923 15.0
    Professionals 2197 35.6
    Technicians & trades workers 552 9.0
    Community & personal service workers 555 9.0
    Clerical & administrative workers 863 14.0
    Others 1075 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 94 3.4
    Infants/Primary 551 20.2
    Secondary 572 20.9
    Technical or Further Educational Institution 256 9.4
    University or other Tertiary Institutions 1182 43.2
    Others 79 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6162 66.2
    Flat, unit or apartment 1944 20.9
    Semi-detached, row or terrace house, townhouse 1196 12.8
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1640 39.4
    Being purchased 1274 30.6
    Fully owned 1230 29.6
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals