Suburb Profile Report for Lynwood WA (6147)

Lynwood House: Median price $388,888, Annual capital growth 0.98%, Number of sales 57, Weekly median advertised rent $339

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 2200th in the list of Australian suburbs ordered by increase in median house value over the last year, Lynwood, 6147 is in the BOTTOM 50% with a property value increase of -0.29% recorded in median house prices.

Over the longer term, Lynwood has seen property prices show investors a -13.58% return over the last 3 years. This is an improvement over the last 12 months

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Lynwood itself are offering an average vendor discount of -6.63% to real estate investors.

At number 1587 in a list of fastest selling suburbs, Lynwood is just in the top half of suburbs in Australia with an average of days on market 72.5333 for properties listed there.

Lynwood, 6147’s gross rental yield is 4.53%

Metrics i HOUSE UNIT
$388,888 N/A
0.88% N/A
-0.29% N/A
0.98% N/A
$339 N/A
57 N/A
4.53% N/A
72.5333333333333 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 493 40.8
    Fully owned 401 33.2
    Rented 314 26.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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