Mount Lawley is a well-established suburb in Western Australia within the Stirling local government area (postcode 6050). With a population of 11,328, the suburb has an established demographic with a median age of 38. Households earn a median income of $110K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Mount Lawley has a median house price of $1.4 million, which has jumped by 23.3% year-on-year. Units have a median price of $432,000 (+13.7% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,200.
Mount Lawley is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 1 rail station, 45 bus stops. Healthcare facilities include 3 private hospitals.
From an investment perspective, Gross rental yield sits at around 2.4% (low yield). Property prices are above the state median ($1.4M/$951K), placing it in the premium segment. The price-to-income ratio of 12.8x is considered stretched. House prices have moved +23.3% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.