AREA REPORTS

West Leederville

 

 

WA/
West leederville

Suburb Profile

West Leederville - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6007

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,260,000.

The upward trend in home prices in WEST LEEDERVILLE, 6007 averaged 3.35% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 2.39% increase in returns based on the current median price in WEST LEEDERVILLE.

An average of 4.08 real estate transactions take place per month in WEST LEEDERVILLE which translates to 49 per annum.

49 properties were sold in WEST LEEDERVILLE in 2016, making it the 138th most active market in WA based on total real estate transactions.

WEST LEEDERVILLE, 6007 places 117th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,260,000 $500,000
GROWTH REPORT
Median Quarterly 1% -2.91%
Median 12 month 9.57% -7.32%
Median 3 years 10.04% 10.5%
Median 5 years 31.25% -13.34%
10 years average annual 2.39% 6.74%
Weekly media advert. rent $580 $320
Time on Market 57.0 days 111.4 days
Gross Rental Yield Percent 2.39% 3.33%
demographics (median values)
Total Population
3569
Weekly Household Income
1239
Household Size
2.20
demographics
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