Suburb Profile Report for Lamington WA (6430)

Lamington House: Median price $382,500, Annual capital growth 2.07%, Number of sales 38, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report

Investment property in Lamington has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.10%

Lamington,6430 has offered an average of 3.10% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Lamington 6430 should be seeing an average reduction in asking price of around -7.38% . This means that Lamington is holding prices well when compared to other suburbs in WA.

Often selling an investment property can take time, and in Lamington the average time real estate has been on the market is 109.93 days.

Property investors should expect to get $355 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$382,500 N/A
5.52% N/A
3.10% N/A
2.07% N/A
$355 N/A
38 N/A
4.83% N/A
109.93 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2278
Median household income ($/weekly) 2474
Median age of persons 31
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    0-4 years 234 10.3
    5-14 years 379 16.6
    25-34 years 347 15.2
    35-44 years 386 16.9
    45-54 years 341 15.0
    Others 592 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 788 52.6
    Not Married 476 31.8
    Defacto Relationship 234 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1668 77.6
    Papua New Guinea 139 6.5
    South Africa 49 2.3
    United Kingdom 117 5.4
    Other 83 3.9
    Others 94 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.8
    Christianity 1355 66.4
    Hinduism 20 1.0
    Islam 14 0.7
    No Religion 629 30.8
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 75 12.0
    $2,000-$2,499 59 9.4
    $2,500-$2,999 128 20.4
    $3,000-$3,499 84 13.4
    $4,000 or more 70 11.2
    Others 211 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 871 55.3
    Not in the labour force 335 21.3
    Employed, worked part-time 242 15.4
    Employed, away from work 99 6.3
    Unemployed, looking for work 27 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 10.5
    Professionals 217 17.8
    Technicians & trades workers 288 23.6
    Clerical & administrative workers 163 13.4
    Machinery operators & drivers 138 11.3
    Others 285 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.8
    Infants/Primary 264 48.5
    Secondary 128 23.5
    Technical or Further Educational Institution 49 9.0
    University or other Tertiary Institutions 55 10.1
    Others 11 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2077 98.4
    Semi-detached, row or terrace house, townhouse 33 1.6
    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 348 48.5
    Rented 222 31.0
    Fully owned 139 19.4
    Other tenure type 8 1.1
    Tenure Type
Census 2011, ABS
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