Suburb Profile Report for Lakelands WA (6180)

Lakelands House: Median price $385,000, Annual capital growth 11.34%, Number of sales 76, Weekly median advertised rent $353

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

Source: CoreLogic

  • House Report

Lakelands is an average performer in WA when comparing median price capital growth over the last year. Lakelands gave property investors a good capital gain figure when compared to the rest of the state, with -2.53%.

A 5.19% growth in median value for property investors in Lakelands,6180 puts this suburb at number 136th in terms of best performing suburbs in WA

Sellers are offering property buyers an average discount of -8.05% to buyers in Lakelands at the moment, which is less than average for the rest of WA.

On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.

Metrics i HOUSE UNIT
$385,000 N/A
0.00% N/A
-2.53% N/A
11.34% N/A
$353 N/A
76 N/A
4.76% N/A
99.91 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2922
Median household income ($/weekly) 1578
Median age of persons 28
Median housing loan repayment ($/monthly) 2297
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 350 12.0
    5-14 years 443 15.2
    25-34 years 522 17.9
    35-44 years 465 15.9
    45-54 years 273 9.3
    Others 868 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 985 53.0
    Not Married 541 29.1
    Defacto Relationship 332 17.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1750 65.1
    Papua New Guinea 140 5.2
    South Africa 102 3.8
    United Kingdom 448 16.7
    Other 102 3.8
    Others 145 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.4
    Christianity 1718 67.0
    Islam 12 0.5
    Other Religious Groups 18 0.7
    No Religion 776 30.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 77 9.6
    $1,250-$1,499 83 10.4
    $1,500-$1,999 109 13.6
    $2,000-$2,499 109 13.6
    $2,500-$2,999 107 13.4
    Others 315 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 43.6
    Not in the labour force 550 27.8
    Employed, worked part-time 373 18.9
    Employed, away from work 112 5.7
    Unemployed, looking for work 80 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 13.6
    Technicians & trades workers 279 20.7
    Clerical & administrative workers 174 12.9
    Machinery operators & drivers 151 11.2
    Labourers 147 10.9
    Others 414 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.3
    Infants/Primary 299 46.6
    Secondary 158 24.6
    Technical or Further Educational Institution 58 9.0
    University or other Tertiary Institutions 57 8.9
    Others 22 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2599 99.6
    Semi-detached, row or terrace house, townhouse 10 0.4
    Flat, unit or apartment 0 0.0
    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 567 60.8
    Rented 242 25.9
    Fully owned 117 12.5
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals