With a capital gain of 2.27% for the last 12 months, West Leederville, 6007 has performed for property investments than its average annual 3.03% property growth over the last 5 years.
Comparing West Leederville,6007 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in West Leederville are currently offering property investors an average price cut of -3.03% below the asking price at the moment.
Residents and property investors in West Leederville have been waiting around 52 days to sell a property.
With the median price for a house in West Leederville being $1125000 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 2.77%
At number 1299th in the list of Australian suburbs ordered by increase in median house value over the last year, West Leederville, 6007 is in the BOTTOM 30% with a property value increase of -2.75% recorded in median house prices.
A -10.92% growth in median value for property investors in West Leederville,6007 puts this suburb at number 44th in terms of best performing suburbs in WA
Property investors looking for a bargain in West Leederville should be aiming for at least -7.16% off the asking price, which is the average vendor discount being achieved at the moment.
The WA suburb of West Leederville, 6007 is in the Cambridge local government area.
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