Mount Lawley is an average performer in WA when comparing median price capital growth over the last year. Mount Lawley gave property investors a average capital gain figure when compared to the rest of the state, with -4.76%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Lawley has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Mount Lawley is offering property investors an average of -8.04. This rate of discount on properties puts Suburb at number 131th in terms of most discounted suburbs in WA
Advertised rents are around the $580 mark per week – giving a return of 3.02% based on the median price in Suburb
Mount Lawley is an average performer in WA when comparing median price capital growth over the last year. Mount Lawley gave property investors a average capital gain figure when compared to the rest of the state, with -4.65%.
While Mount Lawley,6050 ranked number 82th in WA for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.
At number 55th of WA’s most discounted properties, Mount Lawley is in the middle of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $4140 per annum or $345 every week.
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.