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%
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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.