Daniel Brennan
South Perth, WA+5
Perth · Inner Perth
Mount Lawley is a vibrant, heritage-rich inner-Perth suburb known for its leafy streets, classic Federation and Art Deco homes, and the bustling Beaufort Street strip. It blends a sophisticated, energetic urban lifestyle with a strong sense of community, attracting a diverse mix of residents who appreciate its unique character, cultural scene, and proximity to the CBD.
Market snapshot
Price register · May 2026
Median house
$1.55M - $2.05M
Mid-band $1.8Mspread 28%
Browse agencies across Australia to find the perfect team for your property journey.
Create your free profile and connect with motivated buyers actively searching for expert guidance in your area.
Create Your Free ProfileLast reviewed 13 May 2026
Median unit
$525,000 - $725,000
Mid-band $625Kspread 32%
Days on market
~6-14 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
2.1% to 3.1%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+66% to +86%
cumulative since 2021Who buys here
Young professionals · Established families · Downsizers
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Mount Lawley property market is characterized by high demand, strong capital growth, and a tightly held supply of quality homes. As one of Perth's most prestigious inner-city suburbs, it consistently commands premium prices, with the median house price reaching $1.80 million as of May 2026. The market has experienced significant recent momentum, with house prices seeing a remarkable 19.4% year-on-year growth. This trajectory is driven by the suburb's enduring appeal, including its architectural charm, vibrant Beaufort Street precinct, and proximity to the CBD, which fuels consistent interest from affluent professionals and families.
Supply and demand dynamics are a key factor in Mount Lawley's performance. Properties are sold quickly, with houses averaging just 10 days on market, indicating a competitive buying environment where well-presented homes often attract multiple offers. The limited number of properties for sale at any given time, coupled with a high number of prospective buyers, creates upward pressure on prices. The unit market is also robust, with a median price of $620,500 and an even faster sales cycle at just 7 days on market. This segment offers a more accessible entry point into the suburb and attracts a mix of first-home buyers, downsizers, and investors drawn to strong rental yields around 4.8%.
Investment in the area remains a strong proposition, though the focus is typically on long-term capital appreciation rather than immediate rental returns for houses, which sit at a modest 2.6%. The suburb's high socio-economic profile and low vacancy rates provide a stable foundation for property values. Ongoing gentrification, the appeal of local schools like Mount Lawley Senior High School, and the vibrant lifestyle offered by local amenities ensure that demand for property in Mount Lawley is unlikely to wane, supporting its status as a blue-chip real estate location within Perth.
A blue-chip suburb where heritage charm and urban energy converge, driving strong, sustained capital growth.
Why a buyers agent
Navigating the Mount Lawley market requires a nuanced understanding that goes beyond median price data. It's a suburb of distinct pockets, where a property's value can be significantly influenced by its specific street, proximity to Beaufort Street's noise, heritage overlays, and its catchment for the highly-regarded Mount Lawley Senior High School. An experienced buyer's agent possesses this granular knowledge. They can identify the difference between a Federation home with authentic charm and one with hidden structural issues, or which streets offer tranquility just a short walk from the action. In a market where properties sell in a median of just 10 days, having an agent with established relationships can provide crucial off-market opportunities and the speed needed to act decisively. They can cut through the competition and help you secure a premium asset in a suburb where simply being 'on the market' is not enough.
Live on the doorstep of the iconic Beaufort Street strip, offering an endless array of cafes, restaurants, bars, and boutiques. The Astor Theatre and other cultural venues provide constant entertainment.
The suburb is renowned for its beautiful, well-preserved Federation and Art Deco homes on leafy, tree-lined streets, offering a unique and prestigious living environment.
Home to some of Perth's most sought-after schools, including Mount Lawley Senior High School and Perth College, making it a top choice for families prioritising education.
As a blue-chip inner-city suburb, Mount Lawley has a proven track record of strong and resilient property value growth, making it a secure long-term investment.
Located just 3km from the Perth CBD, with excellent train and bus links, making for a short and convenient commute.
The place
Located just three kilometres from Perth's CBD, Mount Lawley is a premier inner-northern suburb celebrated for its architectural beauty and vibrant lifestyle. The area is distinguished by its stunning collection of Federation, Colonial, and Art Deco homes set on leafy, picturesque streets. The suburb's main artery is Beaufort Street, a bustling hub of activity featuring an eclectic mix of award-winning restaurants, chic cafes, independent boutiques, and lively bars like The Flying Scotsman and the Queens Tavern. This strip is also home to the iconic Astor Theatre, a heritage-listed Art Deco venue for live music and events.
Education is a significant drawcard, with several highly-regarded schools including Mount Lawley Senior High School, Mount Lawley Primary School, St Paul's Primary School, and the prestigious Perth College. The Western Australian Academy of Performing Arts (WAAPA), located on the Edith Cowan University campus, cements the suburb's reputation as a cultural and creative hotspot.
Residents enjoy excellent transport links, with the Mount Lawley train station on the Midland line and numerous high-frequency bus routes, including the 950, providing direct access to the CBD and The University of Western Australia. Green spaces are abundant, with numerous parks such as the sprawling Forrest Park, the family-friendly Copley Park, and the beautiful riverside Banks Reserve on the Swan River, offering playgrounds, picnic areas, and sporting facilities.
Frequently asked
Keep exploring
The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 13 May 2026. Updated quarterly.
Verified professionals serving Mount Lawley
