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Homeowners and real estate investors betting on LEEMING, 6149 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 16.81%.
A steady increase in median property prices over a five-year period in the suburb translates to a 55.29% capital gain.
Property investors in LEEMING enjoyed capital gains of 16.81% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $1,320,000.
Profits due to an upward trend in home prices there averaged 18.43% per annum over a 3-year period.
Home owners selling their properties and realtors in LEEMING usually have to wait an average of 21.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $820 mark, reflecting a 3.23% increase in returns based on the current median price in LEEMING.
LEEMING, 6149 places 301st in Australia based on median property value growth during the quarter.
Leeming is a southern suburb of Perth, located approximately 14 kilometres from the central business district. It is bordered by the Kwinana Freeway to the west and Roe Highway to the south, providing residents convenient access to major transport routes. The suburb falls within the jurisdictions of the City of Melville, City of Cockburn, and City of Canning.
As per the 2021 Census, Leeming has a population of 10,883, with a median age of 42. The community is diverse, with 61.5% of residents born in Australia, followed by significant populations from England (7.6%), Malaysia (4.6%), and China (2.5%). English is predominantly spoken at home, though Mandarin and Cantonese are standard. The suburb exhibits a strong family presence, with 50.2% of families being couples with children. The median household income stands at $2,330 per week.
Public transportation is accessible. Murdoch Station is located nearby and offers train services to Perth and Mandurah. Bus routes such as the 515 and 516 run along Farrington Road, connecting residents to various parts of the metropolitan area.
Leeming hosts several essential establishments, including the Leeming Forum Shopping Centre, which features a supermarket, pharmacy, and various eateries. Educational institutions in the area comprise Leeming Primary School, West Leeming Primary School, and Leeming Senior High School. Healthcare services are available at Leeming Doctors, on the corner of South Street and Calley Drive.
Recreational activities are abundant, with facilities like the Leeming Recreation Centre offering sports and fitness programs. William Hall Park provides open spaces, playgrounds, and barbecue areas for community use. Additionally, Inflatable World Leeming offers indoor inflatable playgrounds suitable for various age groups.