Suburb Profile Report for Lynwood WA (6147)

Lynwood House: Median price $398,444, Annual capital growth 1.43%, Number of sales 54, Weekly median advertised rent $340

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

At number 1330th in the list of Australian suburbs ordered by increase in median house value over the last year, Lynwood, 6147 is in the top 40% with a property value increase of 2.17% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lynwood has fallen somewhat when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Lynwood are currently offering property investors an average price cut of -7.60% below the asking price at the moment.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 1.43%.

Metrics	HOUSE	UNIT
Median price	$398,444	N/A
Quarterly growth	2.17%	N/A
12-month growth	2.17%	N/A
Average Annual Growth	1.43%	N/A
Weekly median advertised rent	$340	N/A
Number of sales	54	N/A
Gross rental yield	4.44%	N/A
Days on market	58.9782608695652	N/A

Your estimated repayment
$1,541.58/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Balanced (H), Balanced (U)

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Demographics

Total population	3146
Median household income ($/weekly)	1149
Median age of persons	34
Median housing loan repayment ($/monthly)	1586
Average household size	2.5

Census	Count	Percent(%)
5-14 years	339	10.8
25-34 years	533	16.9
35-44 years	415	13.2
45-54 years	395	12.6
55-64 years	295	9.4
Others	1170	37.2

Age Group

Census	Count	Percent(%)
Not Married	1103	45.7
Registered Married	1070	44.3
Defacto Relationship	241	10.0

Social Marital Status

Census	Count	Percent(%)
Australia	1578	52.2
Croatia	116	3.8
Malta	131	4.3
United Kingdom	394	13.0
Other	224	7.4
Others	580	19.2

Country of Birth

Census	Count	Percent(%)
Buddhism	128	4.5
Christianity	1620	56.4
Hinduism	100	3.5
Islam	108	3.8
No Religion	859	29.9
Others	57	2.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	128	11.5
$800-$999	122	11.0
$1,000-$1,249	130	11.7
$1,500-$1,999	165	14.8
$2,000-$2,499	111	10.0
Others	457	41.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	970	39.2
Not in the labour force	858	34.7
Employed, worked part-time	446	18.0
Unemployed, looking for work	112	4.5
Employed, away from work	87	3.5

Person Characteristics

Census	Count	Percent(%)
Professionals	273	18.2
Technicians & trades workers	240	16.0
Clerical & administrative workers	235	15.7
Machinery operators & drivers	170	11.3
Labourers	179	11.9
Others	402	26.8

Occupation

Census	Count	Percent(%)
Pre-school	38	5.4
Infants/Primary	217	31.1
Secondary	169	24.2
Technical or Further Educational Institution	92	13.2
University or other Tertiary Institutions	149	21.3
Others	33	4.7

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2823	92.7
Semi-detached, row or terrace house, townhouse	171	5.6
Flat, unit or apartment	52	1.7
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0