WA has seen average median house prices change by -2.45% which means that Mount Lawley, 6050 has not done well for property investors by showing a capital gain of -1.16% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Lawley comes in at number 349th in WA.
Our latest figures would indicate that property sellers in Mount Lawley are currently offering property investors an average price cut of -8.03% below the asking price at the moment.
Residents and property investors in Mount Lawley have been waiting around 77.18 days to sell a property.
The WA suburb of Mount Lawley, 6050 is in the Stirling local government area.
With a capital gain of 0.86% for the last 12 months, Mount Lawley, 6050 has performed for property investments than its average annual 1.75% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Mount Lawley has given property investors a paper return of 0.00%. This puts Suburb as 35 on a list of fastest fasting appreciating suburbs in WA
Mount Lawley, 6050 is offering WA ‘s 55th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 1.75%.
Mount Lawley seems to be bucking the trend of Perth’s overall real estate marketFull summary
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Mount Lawley seems to be bucking the trend of Perth’s overall real estate market.Close
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.