WA has seen average median house prices change by -1.76% which means that Mount Lawley, 6050 has not done well for property investors by showing a capital gain of -0.51% over the last year
Across a shorter period, Mount Lawley, 6050 has seen a median price increase of -1.68% over the last quarter.
Vendor discounting in Mount Lawley is giving property investors an average Vendor Discount of around -6.97%. This puts suburb at number 241th in WA when ranking the most discounted suburbs.
Property investors who have had real estate in Mount Lawley, 6050 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.47%
Across a shorter period, Mount Lawley, 6050 has seen a median price increase of -3.08% over the last quarter.
The most recent median price for Mount Lawley is $378000, with sellers offering an average of -7.53% off the asking price.
Mount Lawley, 6050’s gross rental yield is 4.13%
Mount Lawley seems to be bucking the trend of Perth’s overall real estate marketFull summary
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Mount Lawley seems to be bucking the trend of Perth’s overall real estate market.Close
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.