West Leederville, 6007 ranked 160th in WA when comparing growth in median property values or capital gain over the last 12 months. West Leederville is one of 1662 in our list for WA
West Leederville,6007 was ranked 2658 in Australia by increase in median property value over the quarter.
Vendor discounting in West Leederville is giving property investors an average Vendor Discount of around -6.35%. This puts suburb at number 306th in WA when ranking the most discounted suburbs.
West Leederville, 6007’s gross rental yield is 2.81%
Property value increases in West Leederville have tracked lower than the WA average of -3.39% over the last 12 months.
West Leederville,6007 was ranked 1530 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in West Leederville are currently offering property investors an average price cut of -6.77% below the asking price at the moment.
In the last year 32 properties changed hands in West Leederville, which puts it as the 53th most active market in WA when comparing the number of sales per suburb.
Situated 2.50km from the CBD, West Leederville is one of Cambridge localities in the postcode 6007.
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
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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).