Suburb Profile Report for Mount Lawley WA (6050)

Mount Lawley House: Median price $1,140,000, Annual capital growth 9.72%, Number of sales 160, Weekly median advertised rent $580

Mount Lawley Unit: Median price $407,500, Annual capital growth 9.78%, Number of sales 152, Weekly median advertised rent $0

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

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

YIP MAG Information supplied by:

YIP MAG
January 2016

M
O

W
E

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.

Metrics i HOUSE UNIT
$1,140,000 $407,500
0.00% 0.00%
0.00% 0.00%
9.72% 9.78%
$580 $0
160 152
1.82% 0.00%
0 67.75

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Mount Lawley WA
Demographics
Total population 10702
Median household income ($/weekly) 1718
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1061 9.9
    25-34 years 2201 20.6
    35-44 years 1501 14.0
    45-54 years 1470 13.7
    55-64 years 1185 11.1
    Others 3285 30.7
    Age Group
    Census Count Percent(%)
    Not Married 3676 46.8
    Registered Married 3136 39.9
    Defacto Relationship 1040 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6359 63.8
    Japan 298 3.0
    Papua New Guinea 243 2.4
    United Kingdom 951 9.5
    Other 631 6.3
    Others 1481 14.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 283 3.0
    Christianity 5546 57.8
    Hinduism 133 1.4
    Islam 145 1.5
    No Religion 3313 34.5
    Others 173 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 468 12.4
    $2,000-$2,499 287 7.6
    $2,500-$2,999 513 13.6
    $3,000-$3,499 295 7.8
    $4,000 or more 375 9.9
    Others 1845 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3959 45.6
    Not in the labour force 2237 25.8
    Employed, worked part-time 1866 21.5
    Employed, away from work 342 3.9
    Unemployed, looking for work 276 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 923 15.0
    Professionals 2197 35.6
    Technicians & trades workers 552 9.0
    Community & personal service workers 555 9.0
    Clerical & administrative workers 863 14.0
    Others 1075 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 94 3.4
    Infants/Primary 551 20.2
    Secondary 572 20.9
    Technical or Further Educational Institution 256 9.4
    University or other Tertiary Institutions 1182 43.2
    Others 79 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6162 66.2
    Flat, unit or apartment 1944 20.9
    Semi-detached, row or terrace house, townhouse 1196 12.8
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1640 39.4
    Being purchased 1274 30.6
    Fully owned 1230 29.6
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
Chart Table