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Mount Lawley
AREA REPORTS

Mount Lawley

Mount Lawley - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6050

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,150,000.

The upward trend in home prices in MOUNT LAWLEY, 6050 averaged 8.11% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.94% increase in returns based on the current median price in MOUNT LAWLEY.

An average of 13.42 real estate transactions take place per month in MOUNT LAWLEY which translates to 161 per annum.

161 properties were sold in MOUNT LAWLEY in 2016, making it the 371st most active market in WA based on total real estate transactions.

MOUNT LAWLEY, 6050 places 399th in Australia based on median property value growth during the quarter.

Data report can be found below

Mount Lawley
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,150,000 $407,500
GROWTH REPORT
Median Quarterly 0.44% -0.61%
Median 12 month 17.05% 9.18%
Median 3 years 24.32% 13.04%
Median 5 years 21.44% -0.61%
10 years average annual 3.6% 0.87%
Weekly media advert. rent $650 $375
Time on Market 39.5 days 40.9 days
Gross Rental Yield Percent 2.94% 4.79%
demographics (median values)*
Total Population
15380
Weekly Household Income
1894
Household Size
2.30
Age
39
Monthly Loan Repayment
2300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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