Suburb Profile Report for Mount Lawley WA (6050)

Mount Lawley House: Median price $1,055,000, Annual capital growth 2.18%, Number of sales 163, Weekly median advertised rent $625

Mount Lawley Unit: Median price $396,250, Annual capital growth 0.26%, Number of sales 116, Weekly median advertised rent $350

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Mount Lawley is an average performer in WA when comparing median price capital growth over the last year. Mount Lawley gave property investors a average capital gain figure when compared to the rest of the state, with 11.94%.

Across a shorter period, Mount Lawley, 6050 has seen a median price increase of 4.98% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Lawley, 6050. Typically our figures indicate that -5.06% is being offered, which puts this WA suburb at 798th most discounted overall in Australia.

Often selling an investment property can take time, and in Mount Lawley the average time real estate has been on the market is 51.9381 days.

Mount Lawley is 368th on a list of best yielding suburbs for rents in WA with a 3.08% return

With a capital gain of 5.67% for the last 12 months, Mount Lawley, 6050 has performed for property investments than its average annual 0.26% property growth over the last 5 years.

Mount Lawley,6050 has offered an average of 5.67% return per annum in house price rises to property investors over the last three years.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.09% offered to property buyers. Sellers in Mount Lawley itself are offering an average vendor discount of -5.00% to real estate investors.

Residents and property investors in Mount Lawley have been waiting around 41.7234 days to sell a property.

With the median price for a house in Mount Lawley being $396250 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.59%

YIP MAG Information supplied by:

YIP MAG
January 2016

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Mount Lawley seems to be bucking the trend of Perth’s overall real estate market.

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.

Metrics i HOUSE UNIT
$1,055,000 $396,250
4.98% 0.63%
11.94% 5.67%
2.18% 0.26%
$625 $350
163 116
3.08% 4.59%
51.9380530973451 41.7234042553192

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10702
Median household income ($/weekly) 1718
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1061 9.9
    25-34 years 2201 20.6
    35-44 years 1501 14.0
    45-54 years 1470 13.7
    55-64 years 1185 11.1
    Others 3285 30.7
    Age Group
    Census Count Percent(%)
    Not Married 3676 46.8
    Registered Married 3136 39.9
    Defacto Relationship 1040 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6359 63.8
    Japan 298 3.0
    Papua New Guinea 243 2.4
    United Kingdom 951 9.5
    Other 631 6.3
    Others 1481 14.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 283 3.0
    Christianity 5546 57.8
    Hinduism 133 1.4
    Islam 145 1.5
    No Religion 3313 34.5
    Others 173 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 468 12.4
    $2,000-$2,499 287 7.6
    $2,500-$2,999 513 13.6
    $3,000-$3,499 295 7.8
    $4,000 or more 375 9.9
    Others 1845 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3959 45.6
    Not in the labour force 2237 25.8
    Employed, worked part-time 1866 21.5
    Employed, away from work 342 3.9
    Unemployed, looking for work 276 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 923 15.0
    Professionals 2197 35.6
    Technicians & trades workers 552 9.0
    Community & personal service workers 555 9.0
    Clerical & administrative workers 863 14.0
    Others 1075 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 94 3.4
    Infants/Primary 551 20.2
    Secondary 572 20.9
    Technical or Further Educational Institution 256 9.4
    University or other Tertiary Institutions 1182 43.2
    Others 79 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6162 66.2
    Flat, unit or apartment 1944 20.9
    Semi-detached, row or terrace house, townhouse 1196 12.8
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1640 39.4
    Being purchased 1274 30.6
    Fully owned 1230 29.6
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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