With a capital gain of -5.86% for the last 12 months, West Leederville, 6007 has performed for property investments than its average annual 2.27% property growth over the last 5 years.
Across a shorter period, West Leederville, 6007 has seen a median price increase of -5.00% over the last quarter.
West Leederville6007 is located in WA which offers an average discount of -8.23% to property investors. West Leederville itself is showing figures that indicate -5.52% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $595 mark per week – giving a return of 2.96% based on the median price in Suburb
Property investors who have had real estate in West Leederville, 6007 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.99%
A 10.59% growth in median value for property investors in West Leederville,6007 puts this suburb at number 62th in terms of best performing suburbs in WA
Property buyers and investors in West Leederville 6007 should be seeing an average reduction in asking price of around -8.54% . This means that West Leederville is holding prices well when compared to other suburbs in WA.
Residents and property investors in West Leederville have been waiting around 83.02 days to sell a property.
West Leederville is 117th on a list of best yielding suburbs for rents in WA with a 3.11% return
West Leederville, just 3km north-west of the Perth CBD, offers an affordable investment option very close to the amenities and employment hub of the city centre. While some of the suburb is zoned commercial, the majority is medium density residentialFull summary
Information supplied by:
West Leederville, just 3km north-west of the Perth CBD, offers an affordable investment option very close to the amenities and employment hub of the city centre. While some of the suburb is zoned commercial, the majority is medium-density residential.
West Leederville has a reasonable level of amenity, with shops, cafes and several schools located within the suburb. However, its proximity to both prime suburb Subiaco and the CBD – both accessible via a minutes-long train journey or a short walk – means residents can access an inner city lifestyle at a much more affordable cost. The presence of two major Perth hospitals in Subiaco also provides local employment potential.
Units are very affordable when compared with neighbouring suburbs such as Leederville proper and Subiaco. There’s significant scope for catch-up growth with its more expensive neighbours – especially as freestanding properties in the suburb are subdivided to create more units.
Popular streets amongst residents include Tate Street (situated near the West Leederville station), Brighton Street and Tower Street (both situated near Southport Street).