Get a property report and suburb profile for any property in Mount Lawley

Mount Lawley has a distinctly inner-northern Perth character: leafy streets and well-preserved Federation and Art Deco homes sit alongside low-rise apartments, and Beaufort Street provides a lively village spine with cafes, bars, boutiques and eateries. The Art Deco Astor Theatre is a long-standing cultural touchstone, small parks and mature trees give many streets a residential feel, and the river foreshore and the city are easily reached by regular bus services. The suburb attracts young professionals, creatives and families who want an inner-city lifestyle with a neighbourhood atmosphere.

About 11,328 people live in Mount Lawley, with a median age of 38 and a typical household income of $2,108 a week (around $109,616 a year). The community is dominated by couple families and more homes are owner-occupied (62.6%) than rented (37.4%). The former Edith Cowan University site is being redeveloped with plans to retain the WA Academy of Performing Arts, add streets, parks and walking and cycling links, a Creative Industries Hub is being considered, and the local high school has had a major upgrade that added classrooms, STEM facilities and room for roughly 500 extra students. Whether it suits you comes down to the lifestyle you want.

On the figures, housing in Mount Lawley sits well above what a typical local household earned at the last Census. A median house at $1,775,000 works out to about 16.2 times a typical local annual household income at the last Census (weekly income $2,108 × 52 = $109,616), while the median unit at $680,000 is roughly 6.2 times that annual income. Looking at rents, a house rent of $850 a week would take about 40.3% of a typical local household's weekly income at the last Census, a large share, and a unit rent of $620 a week would take about 29.4%, a moderate share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The past 12 months in Mount Lawley saw house values rise 23.9% and unit values rise 21.2%, both strong increases in what properties are worth. Rents moved more modestly over the year: house rents rose 6.2% and unit rents rose 8.8%, a solid gain for units compared with houses. For someone weighing Mount Lawley as an investment, the figures show capital growth outpaced rental income this year, and unit rents grew faster than house rents while house values increased slightly more than unit values. Whether that balance suits you will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.