Mount Lawley has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -8.59% to date .
Mount Lawley,6050 has offered an average of -8.59% return per annum in house price rises to property investors over the last three years.
Mount Lawley, 6050 is offering WA ‘s 201th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
In the last year 118 properties changed hands in Mount Lawley, which puts it as the 79th most active market in WA when comparing the number of sales per 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 good capital gain figure when compared to the rest of the state, with -2.12%.
The five-year average increase in median property values for Mount Lawley,6050 has given property investors a potential capital gain of 7.35% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Mount Lawley is offering property investors an average of -8.73. This rate of discount on properties puts Suburb at number 47th in terms of most discounted suburbs in WA
Situated 2.85km from the CBD, Mount Lawley is one of Stirling localities in the postcode 6050.
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.