Suburb Profile Report for Lathlain WA (6100)

Lathlain House: Median price $710,000, Annual capital growth 5.99%, Number of sales 41, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Expert Report

At number 3737th in the list of Australian suburbs ordered by increase in median house value over the last year, Lathlain, 6100 is in the BOTTOM 10% with a property value increase of -8.80% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lathlain has increased when compared to the 5 year average annual rate.

At number 382th of WA’s most discounted properties, Lathlain is in the TOP 10% of the state/territory when listing in order of most discounted to least.

In the last year 41 properties changed hands in Lathlain, which puts it as the 265th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $425 and the average annual increase in value of a median property of 5.99%, investors should hope to achieve an overall return of 3.11%

Lachlan Clark Information supplied by:

Lachlan Clark
Ray White

M 08 94700699
O 0410818904

W http://rwvp.com.au/
E lachlan.clark@raywhite.com
Over the last year, property investments in Lathlain, 6100 have given investors a capital gain of 6.97%. This compares favourably with the 4.41% for WA as a whole.

Across a shorter period, Lathlain, 6100 has seen a median price increase of 1.24% over the last quarter.

Property buyers and investors in Lathlain 6100 should be seeing an average reduction in asking price of around -7.71% . This means that Lathlain is holding prices well when compared to other suburbs in WA.

The WA suburb of Lathlain, 6100 is in the Victoria Park local government area.Full summary
Over the last year, property investments in Lathlain, 6100 have given investors a capital gain of 6.97%. This compares favourably with the 4.41% for WA as a whole.
 
Across a shorter period, Lathlain, 6100 has seen a median price increase of 1.24% over the last quarter.
 
Property buyers and investors in Lathlain 6100 should be seeing an average reduction in asking price of around -7.71% . This means that Lathlain is holding prices well when compared to other suburbs in WA.
 
The WA suburb of Lathlain, 6100 is in the Victoria Park local government area.
 
Selling points: Close to city & Swan River, large blocks, low density, quiet family friendly suburb, large percentage long-term owner-occupiers, buses & train station.
 
Most sought after properties: 1950s brick houses on duplex-size blocks
 
Most common properties:  As above
 
Top amenities: Lathlain Oval football ground, Burswood Casino precinct, Victoria Park restaurant & café strip
 
Recent changes: Underground power put through the area
 
Best streets: All of them
 
Public transport: Buses & trains
 
Main arteries: Orrong Rd, Roberts Rd, Goddard St

 

Close
HOUSE UNIT
$710,000 N/A
-16.47% N/A
-8.80% N/A
5.99% N/A
$425 N/A
41 N/A
3.11% N/A
68.52 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in Lathlain WA
Demographics
Total population 3037
Median household income ($/weekly) 1614
Median age of persons 36
Median housing loan repayment ($/monthly) 2300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 335 11.0
    25-34 years 491 16.2
    35-44 years 483 15.9
    45-54 years 450 14.8
    55-64 years 291 9.6
    Others 987 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 1083 46.4
    Not Married 983 42.1
    Defacto Relationship 267 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1990 68.4
    Croatia 51 1.8
    Papua New Guinea 83 2.9
    United Kingdom 237 8.1
    Other 131 4.5
    Others 418 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 3.3
    Christianity 1773 63.2
    Hinduism 41 1.5
    Islam 34 1.2
    No Religion 836 29.8
    Others 28 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 107 9.8
    $1,500-$1,999 139 12.7
    $2,000-$2,499 113 10.3
    $2,500-$2,999 140 12.8
    $3,000-$3,499 80 7.3
    Others 513 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1084 44.6
    Not in the labour force 684 28.1
    Employed, worked part-time 491 20.2
    Employed, away from work 100 4.1
    Unemployed, looking for work 71 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 215 12.9
    Professionals 455 27.2
    Technicians & trades workers 250 15.0
    Community & personal service workers 163 9.7
    Clerical & administrative workers 286 17.1
    Others 303 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.5
    Infants/Primary 213 29.6
    Secondary 173 24.0
    Technical or Further Educational Institution 86 11.9
    University or other Tertiary Institutions 178 24.7
    Others 23 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2482 86.0
    Semi-detached, row or terrace house, townhouse 297 10.3
    Flat, unit or apartment 108 3.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 428 36.0
    Fully owned 386 32.4
    Rented 370 31.1
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals