Maylands vs Mount LawleyTwo Perth suburbs compared for a home loan
Maylands (WA 6051) is approximately 4 km north-east of the Perth CBD, on a peninsula of the Swan River. Mount Lawley (WA 6050) is approximately 3 km north-east of the Perth CBD. At the 2021 Census, Maylands had 13,199 residents with a median age of 36, and Mount Lawley had 11,328 residents with a median age of 38.
The most common occupied dwelling was flats and apartments in Maylands and separate houses in Mount Lawley. Flats and apartments made up 36% of occupied dwellings in Maylands and 28% in Mount Lawley, while 50% of Maylands households rented compared with 37% in Mount Lawley. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
WA 6051 · Inner north-east Perth
Maylands
Maylands is an inner Perth peninsula suburb with a near even mix of flats, townhouses and houses, a train station and about half of homes rented.
City of Bayswater. Approximately 4 km north-east of the Perth CBD, on a peninsula of the Swan River.
Read the full Maylands guideWA 6050 · Inner northern suburbs of Perth
Mount Lawley
Mount Lawley is an inner northern Perth suburb of character homes and flats around Beaufort Street, split between three councils with heritage controls.
City of Stirling, City of Vincent and City of Bayswater. Approximately 3 km north-east of the Perth CBD.
Read the full Mount Lawley guide
What buying in Maylands and Mount Lawley would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Maylands and Mount Lawley.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Maylands to see the repayment, transfer duty and upfront cash.
Enter a price for Mount Lawley to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Maylands and Mount Lawley: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Maylands | Mount Lawley |
|---|---|---|
| People and households | ||
| Residents | 13,199 | 11,328 |
| Median ageAustralia 38 | 36 | 38 |
| Average household sizeAustralia 2.5 | 1.9 | 2.2 |
| Median household income, weeklyAustralia $1,746 | $1,623 | $2,108 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $300 | $350 |
| Median mortgage repayment, monthlyAustralia $1,863 | $1,733 | $2,200 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 50% | 37% |
| Owned with a mortgageAustralia 35% | 31% | 32% |
| Owned outrightAustralia 31% | 18% | 30% |
| Types of home | ||
| Separate housesAustralia 72% | 31% | 53% |
| Townhouses, terraces and semi-detachedAustralia 13% | 33% | 20% |
| Flats and apartmentsAustralia 14% | 36% | 28% |
| Homes with two bedrooms or fewer | 53% | 42% |
| Homes with four bedrooms or more | 11% | 25% |
| Dwellings unoccupied on Census night | 17% | 10% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Maylands and Mount Lawley
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Maylands
- First home buyers
- Investors
- Downsizers
- Upgraders
- Small studio and one-bedroom flats may fall below the minimum internal floor area that some lenders and mortgage insurers accept.
- Strata levies reduce borrowing power, and special levies for repairs in ageing blocks affect both valuation and the buyer's budget.
- The seller of a strata lot must provide a precontractual disclosure statement, and minutes, budgets and by-laws warrant review before an offer.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be included in the offer.
- Low-lying foreshore land is within state floodplain mapping, and a wider flood development control area covers residential streets on the peninsula.
- Character houses are limited in number, so comparable sales can be scarce and a valuation below the contract price is possible.
Mount Lawley
- Upgraders
- First home buyers
- Investors
- Downsizers
- Character retention and heritage controls limit demolition and alteration, which valuers take into account when assessing redevelopment potential.
- Planning rules differ between the Cities of Stirling, Vincent and Bayswater, so the applicable council should be confirmed before relying on any control.
- Renovations and extensions are usually funded through a construction loan with progress payments, which requires approvals and a fixed-price contract.
- Small one-bedroom flats may fall below the minimum internal floor area that some lenders and mortgage insurers accept.
- Western Australian contracts have no mandatory cooling-off period, so finance and inspection conditions need to be included in the offer.
- Individual character houses vary widely, so a valuation below the contract price is a possibility for buyers with small deposits.
Housing stock in Maylands and Mount Lawley compared
Maylands
- Older low-rise flats
- Flats and apartments made up 2,268 of the 6,351 occupied dwellings at the 2021 Census, most of them in low-rise strata blocks.
- Townhouses and villas
- Semi-detached, terrace and townhouse dwellings accounted for 2,110 occupied homes at the 2021 Census, largely from later infill.
- Character houses
- Early twentieth century houses, some within the Maylands North Character Protection Area or on the City's Heritage List.
- Peninsula Estate houses and newer apartments
- Houses built around the former brickworks lakes from the late 1990s, and apartment buildings in the activity centre beside the station.
Mount Lawley
- Character houses
- Federation and Colonial style brick and tile houses on large lots, most within the City of Stirling Heritage Protection Area.
- Older flats and apartments
- Flats and apartments made up 1,291 of the occupied dwellings counted at the 2021 Census, many of them small units in older blocks.
- Townhouses, villas and terraces
- Group dwellings dispersed through the suburb, particularly around Beaufort Street, accounted for 922 occupied homes at the 2021 Census.
Official sale price and rent figures for Maylands and Mount Lawley
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Maylands
No government agency publishes a free median sale price or rent series for Maylands, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Mount Lawley
No government agency publishes a free median sale price or rent series for Mount Lawley, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Maylands and Mount Lawley
Maylands
Transport
- Maylands Station (train)
- Guildford Road and peninsula buses (bus)
- Guildford Road (road)
- Hotham Bridge (road)
Schools and campuses
- Maylands Peninsula Primary School (primary, government)
- Mount Lawley Senior High School (Mount Lawley) (secondary, government)
- Perth College (Mount Lawley) (combined, independent)
Amenities
- The RISE
- Maylands Library
- Maylands Peninsula Public Golf Course
- Bardon Park
- Maylands Waterland
- Peninsula Farm (National Trust WA)
Mount Lawley
Transport
- Mount Lawley Station (train)
- Beaufort Street (road)
- Walcott Street (road)
Schools and campuses
- Mount Lawley Senior High School (secondary, government)
- Mount Lawley Primary School (primary, government)
- Perth College (combined, independent)
- St Paul's Primary School (primary, catholic)
- North Metropolitan TAFE, Mount Lawley campus (tertiary, tafe)
Amenities
- Mount Lawley Hospital
- Beaufort Street town centre
- Astor Theatre
- Hamer Park
- Mount Lawley Bowling Club
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Western Australia education department.
Compare Maylands or Mount Lawley with another suburb
Change either suburb, or add a third.
Related comparisons
Request a free assessment: Maylands or Mount Lawley
An accredited mortgage broker can check your borrowing power against prices in Maylands and Mount Lawley, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.