WA has seen average median house prices change by -1.72% which means that Mount Lawley, 6050 has not done well for property investors by showing a capital gain of 0.00% over the last year
Mount Lawley,6050 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Mount Lawley are currently offering property investors an average price cut of -5.74% below the asking price at the moment.
Situated 2.85km from the CBD, Mount Lawley is one of Stirling (C) localities in the postcode 6050.
Property investors who have had real estate in Mount Lawley, 6050 should be ok 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 -1.28%
Taking the average capital gain, or increase in median house value, Mount Lawley,6050 has racked up an average of -1.28% over the period. This ranks it number 1376th in the whole country for real estate investors looking at median house price increases.
Mount Lawley, 6050 is offering WA ‘s 45th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this WA.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 1.12%.
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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.