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Lakelands, WA 6180
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$800,000
market range $725K-$900K
Median Unit
-
Gross Yield (houses)
4.3%
1yr Growth (houses)
+17.6%
market range +12.5% to +35.0%
Investment snapshot for Lakelands
Lakelands has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lakelands market and investor summary
Lakelands (WA 6180) runs a median house price of $800K, with houses yielding a gross 4.3%. House prices have moved +17.6% over the past year and +69.5% over three years. At 3.8% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 3.8% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Lakelands: people, income and schools
Lakelands has a resident population of roughly 6,171, and the area has been growing steadily, up about 26% over five years. The median age is 32, broadly working-age, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $94,000 a year, or roughly $1,800 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia.
There are 11 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 59 km from the CBD. It is fairly car-dependent; the suburb scores 28 for walkability and 31 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 6,171
- +26% over 5yr
- Median age
- 32 years
- Median household income
- $94,000/yr
- Households renting
- 23%
- Family households
- 80%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 11
- avg ICSEA 1006
- Unemployment
- 2.2%
- Distance to CBD
- 59 km
- Walk score
- 28/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lakelands
View all →Frequently asked questions about Lakelands
What should I check before investing in Lakelands?
Lakelands has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +17.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Lakelands?
The median property price in Lakelands, WA 6180 is $800K for houses.
What rental yield does Lakelands show?
The gross rental yield in Lakelands is 4.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Lakelands?
House prices in Lakelands are up 17.6% over the past year and up 69.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Lakelands?
The current vacancy rate in Lakelands is 3.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Lakelands?
Lakelands has a population of approximately 6,171 residents, with a median age of 32.
What schools are near Lakelands?
There are 11 schools within roughly 5km of Lakelands. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Lakelands affordable to buy in?
A median house in Lakelands costs about 8.5 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Lakelands's population growing?
The population of Lakelands has grown about 26% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Lakelands from the CBD?
Lakelands is about 59 km from the CBD.
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