At number 695th in the list of Australian suburbs ordered by increase in median house value over the last year, West Leederville, 6007 is in the top 20% with a property value increase of 13.41% recorded in median house prices.
Over the longer term, West Leederville has seen property prices show investors a 8.95% return over the last 3 years. This is an improvement over the last 12 months
At number 134th of WA’s most discounted properties, West Leederville is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in West Leederville the average time real estate has been on the market is 75.73 days.
The WA suburb of West Leederville, 6007 is in the Cambridge (T) local government area.
West Leederville has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -6.86% to date .
While West Leederville,6007 ranked number 97th in WA for increase in median house value (annualised) increase, it is ranked 57th over the last 5 years.
The most recent median price for West Leederville is $502500, with sellers offering an average of -5.64% off the asking price.
West Leederville, 6007’s gross rental yield is 3.23%
Perth’s property market overall has weakened in the last three years, but units in this suburb have grown 20%Full summary
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Unit market circumvents state downturn
Median unit price: $540,000
Stock on market: -35.2%
12-month growth: 20.0%
Perth’s property market overall has weakened in the last three years, but units in this suburb have grown 20%.
Just 3km northwest of the Perth CBD, West Leederville seems to have escaped the recent downturn in the WA real estate market. Unit prices have grown 20% this year and 45.9% over the past five years. The current median sales price is $540,000.
The suburb backs on to Subiaco Oval, the home of Aussie rules in WA, and was the earliest area of residential subdivision in the Cambridge council region. West Leederville is well serviced by both trains and buses, and most properties boast a view of either the city or nearby Lake Monger. It’s also only 12km from the beach, and home to a high school for gifted children.Close