WA/
West lamington

Suburb Profile

West Lamington - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6430

house

WEST LAMINGTON, 6430 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $325,000.

Profits due to an downward trend in home prices in the suburb averaged -5.29% per annum over a 3-year period.

WEST LAMINGTON now ranks at the 374th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $375 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WEST LAMINGTON, homes and units usually stay on listing for an average of 80.2 days.

In 2016, 22 properties were sold in WEST LAMINGTON during the past year, making it the 252nd most active market in WA based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $325,000 N/A
GROWTH REPORT
Median Quarterly -10.96% N/A
Median 12 month -2.99% N/A
Median 3 years -15.86% N/A
Median 5 years -15.58% N/A
10 years average annual -0.5% N/A
Weekly media advert. rent $375 N/A
Time on Market 80.2 days N/A
Gross Rental Yield Percent 6% N/A
demographics (median values)
Total Population
1324
Weekly Household Income
1708
Household Size
2.80
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West Lamington, WA
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