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.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 15.3% | 25.5% |
Sold Past 3 months | 6 | 2 |
Median days on market Past 12 months | 13 | 7 |
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
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.

