Lot 97 Lakelands WA 6180 – The Gardens Estate (Stage 4)
Lakelands, a suburb in Western Australia, stands out as a shining star in the real estate market, defying the downward trend that has affected other parts of Perth. The latest Domain Group’s Perth Quarterly House Price Report, released in October 2016, highlights some remarkable statistics for this thriving community.
- Lakelands has shown remarkable growth, with a significant 10.1 percent increase in median house prices over just six months, reaching $415,000.
- Over the past year, the suburb has achieved a commendable 3.8 percent increase, demonstrating its resilience in a challenging market.
- This success story stands in stark contrast to the overall median house price trend in Perth, which has witnessed a 2 percent drop during the same period and a 3.8 percent decrease over the past year.
- Lakelands’ prime location offers residents the best of both worlds: it’s just minutes from the beach and provides easy access to Perth via the Freeway and Mandurah train line.
- Lakelands boasts stunning views over landscaped parklands, proximity to schools, and access to all the amenities in Mandurah and Rockingham.
- The local Lakelands Town Centre adds to the convenience, making it a well-rounded and self-sufficient community.
- The suburb is witnessing a surge in demand, with builders offering new homes with higher specifications, attracting young buyers and contributing to the rising property prices.
- The recently announced Peel Development Commission’s Transform Peel initiative is set to bring further economic growth to the region. This multi-million dollar plan, including the development of a food and innovation zone at Nambellup, located just 15 minutes from Lakelands Private Estate, is expected to create thousands of jobs and enhance the demand for homes in the area.
Lakelands is not only a success story in the Perth real estate market but also a beacon of opportunity for both existing homeowners and potential investors. Its growth, prime location, and promising future prospects make it a compelling choice for those looking to invest in a flourishing community with a bright outlook.
|Home area||185 m²|
|Title Status||December 2023|
|* these figures are an estimate only, based on current average rates and current relevant figures.|