WA has seen average median house prices change by -4.91% which means that Lakelands, 6180 has not done well for property investors by showing a capital gain of -7.32% over the last year
If we look at median property appreciation over just the last three months, Lakelands has given property investors a paper return of -3.31%. This puts Suburb as 321 on a list of fastest fasting appreciating suburbs in WA
The most recent median price for Lakelands is $380000, with sellers offering an average of -7.91% off the asking price.
With the median price for a house in Lakelands being $380000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.20%