Lancelin

POSTAL CODE: WA, 6044
HOUSE
LANCELIN ranks 396th in WA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 32% for the past year is higher than average compared to its 80.82% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in LANCELIN, the median home price is sitting at $660,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 12.82% gain in LANCELIN based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on LANCELIN, 6044 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 32%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.22% growth over a ten-year period. It ranks 2536th on our list of suburbs that property investors should look into.

Surburb overview

Lancelin is a picturesque coastal town located approximately 127 kilometres north of Perth, Western Australia, within the Shire of Gingin. Renowned for its pristine beaches, expansive dunes, and vibrant marine life, Lancelin offers a variety of recreational activities and natural attractions. 

The town's name originates from nearby Lancelin Island, named in 1801 by French explorer Captain Nicolas Baudin after P.J. Lancelin, a scientific writer. Initially a holiday camping spot in the 1940s, Lancelin became a hub for the crayfish (lobster) fishing industry. The town was officially gazetted in 1950 and renamed from "Wangaree" to "Lancelin" in 1953. 

As of the 2021 census, Lancelin had a population of 746 residents. The town's population significantly increases during peak holiday periods, particularly around Christmas and New Year, as it is a favoured destination for locals and tourists. 

Lancelin offers a range of attractions and activities. The town is home to Western Australia's most giant dunes, some exceeding 40 meters in height, making it a popular spot for sandboarding enthusiasts. The protected waters of Lancelin Bay are ideal for swimming, snorkelling, windsurfing, and kite surfing. The area is also known for its excellent fishing opportunities. 

Located just offshore, Lancelin Island is a haven for birdlife and offers snorkelling opportunities around its reefs. The coastline between Lancelin and Yanchep is home to 14 shipwrecks, including the Vergulde Draeck (Gilt Dragon), which sank in 1656. These wrecks provide sites for experienced divers. 

Lancelin provides various amenities, including accommodations like holiday homes, motels, and caravan parks. The town features restaurants, cafes, and shops catering to visitors' needs. The Lancelin Lookout offers panoramic views of the ocean and surrounding areas. 

Lancelin hosts several events, including the annual Lancelin Ocean Classic, a renowned windsurfing and kitesurfing competition that attracts participants from around the world. 

Lancelin's blend of natural beauty, recreational opportunities, and community events make it a cherished destination for residents and visitors seeking a coastal retreat. 

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