AREA REPORTS

Lathlain

WA/
Lathlain

Suburb Profile

Lathlain - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6100

house
unit

Property investments in LATHLAIN did not fare well against the rest of the country last year, registering a median home price decrease of 11.54%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains LATHLAIN, 6100 saw average growth in the long term.

Real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 74.4 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $725,000.

LATHLAIN ranks 383rd on the list of best yielding suburbs for rental properties in WA, posting a 2.51% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $725,000 $489,000
GROWTH REPORT
Median Quarterly 6.62% -4.4%
Median 12 month 11.54% -13.76%
Median 3 years -6.42% 21.42%
Median 5 years 12.4% 43.82%
10 years average annual 3.23% 12.38%
Weekly media advert. rent $350 $288
Time on Market 74.4 days 0.0 days
Gross Rental Yield Percent 2.51% 3.06%
demographics (median values)
Total Population
2741
Weekly Household Income
1040
Household Size
2.30
demographics
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