Over the last year, property investments in Mount Lawley, 6050 have given investors a capital gain of -4.21%. This compares averagely with the -4.99% for WA as a whole.
Across a shorter period, Mount Lawley, 6050 has seen a median price increase of 1.31% over the last quarter.
Our latest figures would indicate that property sellers in Mount Lawley are currently offering property investors an average price cut of -6.74% below the asking price at the moment.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Giving property investors a a poor capital gain of -5.47% for the last year, Mount Lawley, 6050 is the 1441th highest performer in Australia in this respect.
Mount Lawley,6050 was ranked 1151 in Australia by increase in median property value over the quarter.
Mount Lawley6050 is located in WA which offers an average discount of -8.08% to property investors. Mount Lawley itself is showing figures that indicate -7.69% is the average achievable by property buyers investing in the suburb.
In the last year 92 properties changed hands in Mount Lawley, which puts it as the 13th most active market in WA when comparing the number of sales per suburb.
Mount Lawley, 6050’s gross rental yield is 4.16%
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.