Mount Lawley has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 4.03% to date .
Across a shorter period, Mount Lawley, 6050 has seen a median price increase of 2.93% over the last quarter.
Vendor discounting in Mount Lawley is giving property investors an average Vendor Discount of around -6.70%. This puts suburb at number 293th in WA when ranking the most discounted suburbs.
On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.
Situated 2.84km from the CBD, Mount Lawley is one of Stirling (C) localities in the postcode 6050.
If you compare the increase in value of investment property in Mount Lawley, 6050 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 8.32%.
The five-year average increase in median property values for Mount Lawley,6050 has given property investors a potential capital gain of -7.87% across each of those five years.
Sellers are offering property buyers an average discount of -8.14% to buyers in Mount Lawley at the moment, which is less than average for the rest of WA.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 1.51%.
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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.