Over the last year, property investments in Lathlain, 6100 have given investors a capital gain of -13.86%. This compares very badly with the -1.78% for WA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lathlain has fallen somewhat when compared to the 5 year average annual rate.
Lathlain, 6100 is offering WA ‘s 316th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.
Property value increases in Lathlain have tracked just higher than the WA average of -3.91% over the last 12 months.
Comparing Lathlain,6100 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Situated 4.39km from the CBD, Lathlain is one of Victoria Park (T) localities in the postcode 6100.
Information supplied by:
Lachlan Clark
Ray White
M
08 94700699
O
0410818904
W
http://rwvp.com.au/
E
[email protected]
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