Suburb snapshot: Lynwood

Wednesday, 8th Jun 2016

LynwoodAmid ongoing gentrification, Lynwood provides investors with an affordable price point and is located next door to some more fancied postcodes.

Lynwood is located in the City of Canning just 12 kilometres south-east of the Perth CBD.

Bounded by Metcalfe Road in the north, High Road in the south west and Nicholson Road in the east, the suburb comprises about 3,100 residents with a median age of 34.

About 73% of the properties are either fully owned or being purchased with about 26% being rented.

With a median house price of $460,000, Lynwood’s main drawcard is its affordability and proximity to more fancied suburbs, such as Parkwood to the south east and Ferndale to the north.

While the suburb is experiencing gentrification, there is some state housing in the area but savvy investors can find pockets in which it’s not present.

Lynwood Village Shopping Centre is located within the suburb and Westfield Carousel Shopping Centre is located just 2.5km away.

The suburb is established residential, mostly zoned R20 in the south and R30 in the north, with approximately 90% houses and 8% duplex, villas and townhouses.

The housing stock was predominately developed throughout the 1960s and 1970s and only a small portion contains new developments.

About 18.3% of residents are employed as professionals which is around the WA average of 19.9%, while 16% are technicians and trade workers and 15.6% are clerical administrative workers.

Bannister Creek Primary School is located within the suburb and Lynwood Senior High School is directly adjacent in Parkwood.
There are large areas of parks and reserves, including Bannister Creek Parks, Purley Park, Woodford Park and Edgeware Park.