Suburb Profile Report for Lakelands WA (6180)

Lakelands House: Median price $370,000, Annual capital growth 11.02%, Number of sales 75, 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.

  • House Report

Investment property in Lakelands 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 2.07%

A -7.50% growth in median value for property investors in Lakelands,6180 puts this suburb at number 181th in terms of best performing suburbs in WA

At number 253th of WA’s most discounted properties, Lakelands is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $17680 per annum or $340 every week.

Metrics i HOUSE UNIT
$370,000 N/A
0.00% N/A
2.07% N/A
11.02% N/A
$340 N/A
75 N/A
4.78% N/A
112.2 N/A

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.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Lakelands WA
Demographics
Total population 2922
Median household income ($/weekly) 1578
Median age of persons 28
Median housing loan repayment ($/monthly) 2297
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 350 12.0
    5-14 years 443 15.2
    25-34 years 522 17.9
    35-44 years 465 15.9
    45-54 years 273 9.3
    Others 868 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 985 53.0
    Not Married 541 29.1
    Defacto Relationship 332 17.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1750 65.1
    Papua New Guinea 140 5.2
    South Africa 102 3.8
    United Kingdom 448 16.7
    Other 102 3.8
    Others 145 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.4
    Christianity 1718 67.0
    Islam 12 0.5
    Other Religious Groups 18 0.7
    No Religion 776 30.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 77 9.6
    $1,250-$1,499 83 10.4
    $1,500-$1,999 109 13.6
    $2,000-$2,499 109 13.6
    $2,500-$2,999 107 13.4
    Others 315 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 43.6
    Not in the labour force 550 27.8
    Employed, worked part-time 373 18.9
    Employed, away from work 112 5.7
    Unemployed, looking for work 80 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 13.6
    Technicians & trades workers 279 20.7
    Clerical & administrative workers 174 12.9
    Machinery operators & drivers 151 11.2
    Labourers 147 10.9
    Others 414 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.3
    Infants/Primary 299 46.6
    Secondary 158 24.6
    Technical or Further Educational Institution 58 9.0
    University or other Tertiary Institutions 57 8.9
    Others 22 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2599 99.6
    Semi-detached, row or terrace house, townhouse 10 0.4
    Flat, unit or apartment 0 0.0
    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 567 60.8
    Rented 242 25.9
    Fully owned 117 12.5
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table