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Lathlain suburb profile

Lathlain is a vibrant suburb located just 5km east of Perth's CBD, known for its community spirit and convenient urban living. This suburb is home to the iconic Lathlain Park, a hub for local sports and events, and offers a mix of character homes and modern apartments. With its proximity to the Victoria Park café strip and easy access to public transport, Lathlain provides a balanced lifestyle for families and professionals. The suburb's ongoing development and revitalization projects continue to enhance its appeal, making it a sought-after location for those seeking a blend of city convenience and suburban charm.

Lathlain property market performance

Property growth+20.4%Past 12 months

Lathlain’s property market has shown significant growth over the past 12 months, with house values increasing by 12.7% and unit values rising by 15.8%. Despite the lack of current median price data, the market activity indicates a strong demand for both property types.

Sales activity has been limited, with only 2 houses and 5 units sold in the past 12 months. However, properties are moving quickly, with houses spending a median of just 14 days on the market and units even less at 7 days, suggesting high buyer interest and competition.

The rental market in Lathlain has also experienced notable changes, with house rents increasing by 4.7% and unit rents surging by 14% over the last 12 months, reflecting a robust demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
15.3%25.5%
Sold
Past 3 months
62
Median days on market
Past 12 months
137
Average rent
Past 12 months
$780$650
Change in rent
Past 12 months
4.7%14.0%

5 year median price trend for houses and units

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Lathlain demographics

Lathlain, a suburb located in the inner southeastern part of Perth, is known for its family-friendly atmosphere and convenient access to the city. With a population of 3,699 and a median age of 35, Lathlain attracts a mix of young families and professionals who appreciate its balance of suburban tranquility and urban proximity. The suburb's median total household income of $2,040 per week reflects a comfortable standard of living, appealing to those seeking a well-rounded lifestyle.

Family dynamics in Lathlain are diverse, with 45% of households being couple families with children, and 40.2% being couple families without children. This indicates a strong community of both growing families and established couples. One-parent families make up 11.7% of the suburb, while other family types account for 3.1%, showcasing a supportive and varied community structure.

In terms of property ownership, Lathlain presents a balanced housing market. Approximately 29.3% of properties are owned outright, while 35.1% are owned with a mortgage, indicating a stable investment environment for homeowners. Additionally, 35.6% of properties are rented, offering flexibility for those not ready to commit to home ownership. This mix of ownership and rental options makes Lathlain an attractive choice for a wide range of residents, from young professionals to retirees, all seeking a vibrant yet peaceful place to call home.

Suburbs near Lathlain

Some popular suburbs near Lathlain include:

How does Lathlain compare to nearby suburbs?

  • Median house prices: Lathlain’s median house price is 20.9% higher than Carlisle’s.
  • House price growth: Over the past 12 months, house prices in Lathlain have grown 41.8% higher than in Burswood.
  • Unit price growth: Over the past 12 months, unit prices in Lathlain have grown 1.7% higher than in Carlisle.
  • Selling speed for houses: Properties in Lathlain are selling 45.8% faster than in Burswood.
  • Selling speed for units: Properties in Lathlain are selling 12.5% faster than in Carlisle.
  • Investment considerations: In Lathlain, the rental yield for house is 1.8% higher than the Perth average, while the rental yield for units is 2.0% lower.
  • House price growth: Over the past 12 months, house prices in Lathlain have grown 8.1% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Lathlain have grown 13.6% lower than the average rate of growth for units across Perth.

Choose the right real estate agents in Lathlain

There are 35 real estate agents in Lathlain, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 33.3% of all sales in the past year.

Commission rates in Lathlain typically range from 2.15% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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