Over the last year, property investments in West Leederville, 6007 have given investors a capital gain of -0.90%. This compares favourably with the -2.50% for WA as a whole.
While West Leederville,6007 ranked number 124th in WA for increase in median house value (annualised) increase, it is ranked 38th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Leederville, 6007. Typically our figures indicate that -5.02% is being offered, which puts this WA suburb at 2185th most discounted overall in Australia.
At number 1013 in a list of fastest selling suburbs, West Leederville is in the TOP 30% of suburbs in Australia with an average of days on market 54.2 for properties listed there.
West Leederville is 357th on a list of best yielding suburbs for rents in WA with a 2.77% return
West Leederville is in the TOP 20% in WA when comparing median price capital growth over the last year. West Leederville gave property investors a very good capital gain figure when compared to the rest of the state, with 6.21%.
West Leederville,6007 was ranked 1216 in Australia by increase in median property value over the quarter.
West Leederville, 6007 is offering WA ‘s 68th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this WA.
In the last year 73 properties changed hands in West Leederville, which puts it as the 19th most active market in WA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3840 per annum or $320 every week.
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).