Lathlain has biggest stock decrease in WA
Lathlain is the Western Australia location which has had a dramatic decline in its house listings.
Investar suggests that the decrease of sale stock is around 61%, from 46 houses this time last year to its current 18 offerings.
There is one Rayment Street offering under contract priced at over $749,000 (pictured below).
Built in 1961, the 25 Rayment Street home comes with three bedrooms, separate large lounge room an open plan kitchen.
Additional features include ducted evaporative air-conditioning, ceiling fans in kitchen and bore-fully reticulated gardens.
A Howick Street four bedroom house has been recently sold for $600,000 (pictured below).
It was sold by Ken Nelligan from LJ Hooker.
Located at 50A Howick Street, the Western Australian home comes with four bedrooms, separate formal lounge/theatre room and open plan kitchen.
It is only a short walk to Victoria Park train station, and minutes to Crown Entertainment complex, Perth Stadium and Lathlain Park.
Another Lathilain three-bedroom house was sold for $670,000 in July 2017 (pictured below).
The 26 Rutland Avenue house was sold by Craig Wildman from Acton.
Fully renovated, the 1920s built home comes with three bedrooms, modern kitchen and large backyard.
It also has double glazed windows, ducted reverse cycle air conditioning and a CCTV system.
Investar puts it the suburb median rental at $360.
The suburb's median house price sits on $660,000 according to CoreLogic.
