With a capital gain of -0.53% for the last 12 months, Mount Lawley, 6050 has performed for property investments than its average annual 1.02% property growth over the last 5 years.
A -16.81% growth in median value for property investors in Mount Lawley,6050 puts this suburb at number 123th in terms of best performing suburbs in WA
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 -8.88% is being offered, which puts this WA suburb at 346th most discounted overall in Australia.
At number 2208 in a list of fastest selling suburbs, Mount Lawley is in the bottom 40% of suburbs in Australia with an average of days on market 83.8293 for properties listed there.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 1.02%, investors should hope to achieve an overall return of 3.21%
Mount Lawley, 6050 ranked 75th in WA when comparing growth in median property values or capital gain over the last 12 months. Mount Lawley is one of 1662 in our list for WA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Lawley has fallen somewhat when compared to the 5 year average annual rate.
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 -7.62% is being offered, which puts this WA suburb at 172th most discounted overall in Australia.
Advertised rents are around the $340 mark per week – giving a return of 5.12% based on the median price in Suburb
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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.