In the 1960s and 1970s, Lynwood and neighbouring Parkwood were largely settled by new migrants from the United Kingdom who arrived in Perth seeking economic prosperity.

Lynwood is a residential suburb with a series of parks connecting along Bannister Creek and parallel to Nicholson Road.

It contains a neighbourhood shopping centre with supermarket, post office, estate agency, and a number of food outlets, as well as a community hall and a primary school completed in 2010, which also services the adjoining suburb of Ferndale.

The Lynwood Arms Hotel, a local pub on Metcalfe Road, built in the early 1970s, was demolished in 2014 to make way for an upmarket medium-density housing development.

As at the late 2010s, it was one of the few suburbs, as with Heathridge, Beldon and Craigie up north, where you could see uninterrupted stretches of 1970s housing with the long narrow windows, dark brown colourings, and numerous arches.