WA has seen average median house prices change by 12.86% which means that Lathlain, 6100 has done well for property investors by showing a capital gain of 0.00% over the last year
A 98.98% growth in median value for property investors in Lathlain,6100 puts this suburb at number 253th in terms of best performing suburbs in WA
Lathlain, 6100 is offering WA ‘s 92th 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.
Often selling an investment property can take time, and in Lathlain the average time real estate has been on the market is 0 days.
With the median price for a house in Lathlain being $780000 and the advertised rent reaching $0 the gross rental yield for property investors calculates out to be 0.00%
With a capital gain of 0.00% for the last 12 months, Lathlain, 6100 has performed for property investments than its average annual 27.10% property growth over the last 5 years.
Lathlain,6100 was ranked 1677 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Lathlain should be aiming for at least 0.00% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 27.10%, investors should hope to achieve an overall return of 6.14%
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