All About Lathlain, Victoria Park, WA, 6100

Lathlain, a charming suburb within the Town of Victoria Park, Western Australia, offers a unique blend of urban living and suburban tranquility, making it an appealing choice in the Perth metropolitan housing market. As of recent years, Lathlain has seen a steady increase in property values, driven by its desirable location and community-focused amenities. The suburb predominantly features a mix of established homes and modern developments, catering to a diverse range of homeowners, from young professionals to families and retirees. Its proximity to the Perth CBD, just five kilometers away, makes it particularly attractive for those seeking convenience without sacrificing community charm. The housing market in Lathlain benefits from its transport connectivity, with easy access to major roads and public transport options, making the daily commute relatively hassle-free.

Living in Lathlain presents a lifestyle that balances suburban peace with the vibrancy of nearby urban activities. The suburb is home to several parks, recreational facilities, and local coffee shops, providing plenty of options for leisure and community engagement. The community atmosphere is enhanced by local events and gatherings, often centered around the Lathlain Park precinct, which adds vitality to the area. Additionally, residents enjoy the benefits of nearby amenities in the Victoria Park strip, known for its eclectic selection of cafes, restaurants, and boutique shops, contributing to a cosmopolitan flair. Schools and medical facilities in or near Lathlain further add to the suburb's appeal, making it a well-rounded choice for families. Overall, life in Lathlain offers a harmonious blend of accessibility, community, and lifestyle amenities, making it a highly sought-after locality within the Perth housing market.

Lathlain Real Estate Market Outlook

Thinking about buying in Lathlain? Now could not be a better time, with 2081 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $933,000 with prices in this suburb ranging from $296,000 to $3,556,000. The aproximate distance to the coast is 13 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Lathlain ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Lathlain provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Lathlain necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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