Investment property in Lathlain has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.38%
Comparing Lathlain,6100 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Lathlain is giving property investors an average Vendor Discount of around -7.67%. This puts suburb at number 216th in WA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Lathlain the average time real estate has been on the market is 89.2059 days.
With the median price for a house in Lathlain being $720000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 2.82%
WA has seen average median house prices change by -6.57% which means that Lathlain, 6100 has not done well for property investors by showing a capital gain of -14.06% over the last year
Lathlain,6100 has offered an average of -14.06% return per annum in house price rises to property investors over the last three years.
Information supplied by:
Lachlan Clark
Ray White
M
08 94700699
O
0410818904
W
http://rwvp.com.au/
E
lachlan.clark@raywhite.com
Over the last year, property investments in Lathlain, 6100 have given investors a capital gain of 6.97%. This compares favourably with the 4.41% for WA as a whole.
Across a shorter period, Lathlain, 6100 has seen a median price increase of 1.24% over the last quarter.
Property buyers and investors in Lathlain 6100 should be seeing an average reduction in asking price of around -7.71% . This means that Lathlain is holding prices well when compared to other suburbs in WA.
The WA suburb of Lathlain, 6100 is in the Victoria Park local government area.
Selling points: Close to city & Swan River, large blocks, low density, quiet family friendly suburb, large percentage long-term owner-occupiers, buses & train station.
Most sought after properties: 1950s brick houses on duplex-size blocks
Most common properties: As above
Top amenities: Lathlain Oval football ground, Burswood Casino precinct, Victoria Park restaurant & café strip
Recent changes: Underground power put through the area
Best streets: All of them
Public transport: Buses & trains
Main arteries: Orrong Rd, Roberts Rd, Goddard St