Investment property in Mount Lawley has done 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 0.00%
The five-year average increase in median property values for Mount Lawley,6050 has given property investors a potential capital gain of 96.68% across each of those five years.
Property buyers and investors in Mount Lawley 6050 should be seeing an average reduction in asking price of around 0.00% . This means that Mount Lawley is holding prices well when compared to other suburbs in WA.
At number 1 in a list of fastest selling suburbs, Mount Lawley is in the TOP 10% of suburbs in Australia with an average of days on market 0 for properties listed there.
With a capital gain of 0.00% for the last 12 months, Mount Lawley, 6050 has performed for property investments than its average annual 9.78% property growth over the last 5 years.
Across a shorter period, Mount Lawley, 6050 has seen a median price increase of 0.00% over the last quarter.
Our latest figures would indicate that property sellers in Mount Lawley are currently offering property investors an average price cut of -6.33% below the asking price at the moment.
In the last year 152 properties changed hands in Mount Lawley, which puts it as the 17th most active market in WA when comparing the number of sales per suburb.
Mount Lawley is 71th on a list of best yielding suburbs for rents in WA with a 0.00% return
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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.