Lancelin WA 6044

Here you can find what you need to know about Lancelin, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$395k Median Sale Price (National Average $485k) 287th In WA
9.72% Median Price Change (1 yr) (National Average 4.30%) 41st In WA
$350pw Median Rent (National Average $395) 261st In WA
4.6% Median Gross Yield (National Average 4.24%) 177th In WA
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Properties sold 22
Average discounting -10.58%
Average Days on Market 145
Stock on Market 25 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lancelin, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lancelin, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lancelin, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lancelin


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
WA 18 25%
ACT 35 44%
NSW 213 57%
NT 11 0%
QLD 22 38%
SA 42 17%
VIC 48 59%

Local Schools


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Suburb Information

Lancelin, WA 6044

Part of: Gingin Council No data available

The size of Lancelin is approximately 44 square kilometres. It has 3 parks. The population of Lancelin in 2011 was 606 people. By 2016 the population was 736 showing a population growth of 21.5% in the area during that time. The predominant age group in Lancelin is 60-69 years. Households in Lancelin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancelin work in a labourer occupation. In 2011, 61.5% of the homes in Lancelin were owner-occupied compared with 61.7% in 2016. (source: Australian Bureau of Statistics)

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Demographic data provided
by Australian Bureau of Statistics


Market Trends for Lancelin   for Houses in last 12 months


There have been 21 Houses sold in Lancelin in the past 12 months with a median sale price of $400K, up 11.11% annually. It takes on average 130 days to sell with vendor discounting of -10.12%.

Streets in Lancelin


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