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Lamington, WA 6430

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Lamington, WA 6430 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

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5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Lamington, WA 6430”

  1. The total adult population (15 years or older) of Lamington 6430 WA is 1,558, with a median age of 33. Of those, 47.30% are married, 9.37% are divorced or separated, 40.44% are single and 2.50% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $12,664. The median monthly mortgage repayment for households in this suburb is $1,733 which is 13.68% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Western Australia, the suburb of Lamington 6430 boasts around 885 households. Q3 data of 2023 reveals that the typical price of houses in this vicinity is pegged at $412,054, with a median weekly rent of $560. This gives investors an attractive indicative yield of 7.07%, placed well above the bare minimum of 3%, making investment viable for those invested in cash-flow focused properties.

    The socio-economic score for the area sits at 1047 out of 1217, highlighting a moderately affluent and productive economic environment, significantly favourable for long-term property investments. Adding to its investment potential is the renter to owner ratio which is below the 30% mark, standing at 28%. What this means for property investors is that they can expect lessened risk and competition, ultimately leading to higher returns in the long run.

    The units to houses ratio is another favourable metric, clocking in at just 2%. This positions Lamington in a more secure place, making it a less risky area due to the reduced competition for tenancy, enhancing its potential for increased rental yields.

    The years to own affordability index is at an advantageous 13 years, thus indicating a significantly high level of affordability in the area, making it rapidly attractive for potential home owners and investors alike.

    Reviewing additional supply indicators, a stock on market percentage stands at just 0.36%, signifying low property supply in the market. The suburb has an inventory level of just 0.51 months, strongly suggesting a buyers’ market.

    Further adding value to the suburb’s investment potential, the building approvals Ratio is at an all-time low of 0.0%. Meanwhile, its days on market figure – the average duration a property remains active on the web – for houses is moderately placed at 51 days, indicating good demand.

    Lamington shows a low vacancy rate of 0.79% combining both houses and units. This subsequently reveals a high demand with limited supply – conditions that are ideal for property investors.

    Finishing up this promising list of stats, the Buy Search Index, which represents the ratio of online house purchase searches to the rest of the WA state, lies at the quite touristic value of 4. The suburb of Lamington 6430 hence shows off predominantly favourable figures making it a potential real estate hot spot for investors and home buyers alike.

    While Lamington’s properties have returned notable performance indicators in Q3 2023, investing in property requires due diligence and a holistic approach, considering not just current metrics but also trends and wider economic conditions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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