WA has seen average median house prices change by -1.92% which means that Mount Lawley, 6050 has not done well for property investors by showing a capital gain of 2.70% 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 216th in WA.
Vendor discounting in Mount Lawley is giving property investors an average Vendor Discount of around -5.21%. This puts suburb at number 348th in WA when ranking the most discounted suburbs.
Mount Lawley is 390th on a list of best yielding suburbs for rents in WA with a 2.74% return
If you compare the increase in value of investment property in Mount Lawley, 6050 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -8.54%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Lawley comes in at number 64th in WA.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.64% offered to property buyers. Sellers in Mount Lawley itself are offering an average vendor discount of -7.45% to real estate investors.
Often selling an investment property can take time, and in Mount Lawley the average time real estate has been on the market is 65.38 days.
Mount Lawley is 101th on a list of best yielding suburbs for rents in WA with a 4.16% 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.