Lancelin WA Property Investment

Dandaragan · 6044 · Score: 51/100 · Hold

Median House Price
$760K
Rental Yield
2.5%
Vacancy Rate
2.8%
Median Weekly Rent
$360/wk
Median Unit Price
$318K
Population
786
Days on Market
43 days
Annual Growth
25.4%

Lancelin Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$305.61/night
Occupancy Rate
%
Est. Annual Revenue
$73K
AI Investment Analysis

Lancelin WA Investment Brief

HOLD2.5% gross yield on a $760,000 (pending peer validation) median.

THE MARKET

Lancelin has compounded at 2.9%/yr over 5 years. Median sits in the $760,000 (pending peer validation) band today. Properties are sitting on market for 43 days (roughly balanced conditions).

  • Median house: $760,000 (pending peer validation) | Units: $317,979
  • Gross yield: 2.5% | Net yield: 1.0%
  • 5yr price CAGR: 2.9%/yr | 3yr forecast: 13.5%/yr
  • Population: 786 | Owner-occupier rate: 73% | Affluence: Below Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.8% (stable) | Rental demand: Moderate
  • Median weekly rent: $360/wk | Days on market: 43 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Standard suburban transport access

BULL CASE

If Lancelin maintains 3%+ annual growth and vacancy stays below 2.0%, median prices could reach $874,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Lancelin pull back 10-15% from $760,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Distance from CBD may limit long-term capital growth potential

COMPARABLE MARKETS

  • Mandurah (WA): $746,319 median, 3.8% yield, 16.5% 1yr growth
  • Balga (WA): $750,000 median, 5.0% yield, 14.1% 1yr growth
  • Girrawheen (WA): $775,000 median, 4.4% yield, 16.5% 1yr growth

THE PLAY

Lancelin offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

  • Entry range: $684,000$836,000
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.5/10
Low socioeconomic base — classic gentrification precondition
Active development pipeline (186 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
4.2%
p.a.
2yr Forecast
3.9%
p.a.
5yr Forecast
3.4%
p.a.

Basis: 5yr CAGR 2.9% + 10yr CAGR 8.2%

Headwinds
  • High supply pipeline (186 new approvals) — may cap price growth

Suburb Metric Thresholds

4 green3 yellow9 red
Rental Vacancy Rate
2.8 high impact
Days on Market
43 high impact
Weekly Rent (house)
360 medium impact
5yr Price CAGR
2.85 high impact
10yr Price CAGR
8.18 high impact
1yr Price Growth
25.45 medium impact
Population Growth
1.06 high impact
Median Household Income
1086 medium impact
Unemployment Rate
3.6 medium impact
Public Transport Score
0 medium impact
School Zone Quality
4.6 medium impact
Distance to CBD
111.54 medium impact
SEIFA Advantage/Disadvantage
2 medium impact
Owner Occupier Rate
73.4 medium impact
Gross Rental Yield (%)
2.46 high impact
Net Rental Yield (%)
0.96 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

24

2020

52

2021

46

2022

32

2023

32

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6044

Most disadvantagedLeast disadvantaged

Decile 3 of 10 — High disadvantage

Population

1,300

Education (IEO)

1/10

Econ. Resources (IER)

4/10

10-Year Investment Projection

Modelled on Lancelin WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $360/wk median rent for Lancelin. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.