You may not recognise Lathlain at the moment — the suburb is undergoing a facelift, making it one of the most liveable, and affordable, inner city suburbs in Perth. New parks, sporting grounds and community centres are all in the works. Just four kilometres from Perth CBD and with close and easy access to Belmont Forum shopping centre and Reading Cinemas, properties in the suburb are made up of predominantly family-style houses with a smattering of townhouses and villas. Lathlain is an older suburb, established in the 1890s, so if character homes are your thing you’re looking in the right place. There are plenty of opportunities to invest or settle here, with the number of home owners balanced by a similar number of renters.
As a small residential suburb Lathlain has a strong focus on lifestyle, especially in regard to the great outdoors. Rayment Park, next to Lathlain Primary School and Lathlain Place, has playgrounds for both big and little kids as well as seating and barbeque facilities. It even has a boat for imaginative pirates. Soon to be home to the West Coast Eagles administration centre and training ground, Lathlain is set to host future footy games and bring new visitors to the area. Lathlain Place, another area of the suburb being renovated, connects these areas with the existing football ground. The street is a central meeting place for community groups and businesses as well as residents. Close neighbours Victoria Park and Carlisle provide further commercial services, such as shops, cafes and restaurants, which are only a stone’s throw away. Victoria Park train station and various bus stops will take you to the Perth CBD or anywhere else you need to go.
Annual median sale price: $680,000
Median rent: $375 per week
Looking for an award-winning Real Estate Agency? Contact Empire Estate Agents today on (08) 9262 0400 or 0403 305 023 or go to our property management page to find out about how we can help you with your investment. Empire Estate Agents offer a unique property management service in Victoria Park, East Victoria Park, Lathlain, Burswood, St James & surrounding suburbs. Our Property Managers focus on providing our clients with exceptional service that focuses on maximising your investment value and return. Drop into our office at 966 Albany Highway East Victoria Park WA 6100, our team would be delighted to assist you.