Leederville most in-demand local suburb

This two-bedroom, one-bathroom townhouse in Oxford Street, Leederville attracted multiple offers and sold in five days.
This two-bedroom, one-bathroom townhouse in Oxford Street, Leederville attracted multiple offers and sold in five days.

LEEDERVILLE is the most sought-after location for home hunters in the Eastern Reporter’s Vincent and Stirling area, new data has revealed.

Realestate.com.au figures showed buyer interest in houses for sale in the inner-city suburb was high, with each property getting around 2133 online views – over five times higher than the WA median in the six months to June 30.

Highgate and Mt Lawley rounded out the top three for searches, with properties in the area notching up about 1922 and 1857 visits respectively.

The Property Exchange’s Ingrid Bradshaw said the diversity and range of housing available made Leederville popular, with something for everyone.

“Buyers love the close proximity to the CBD, easy access to train, freeway and tunnel,” she said.

“Leederville has great infrastructure and amenities providing a lifestyle location, and of course the vibrant Oxford Street cafe and shopping strip is a huge attraction to buyers.

“The walkability of the suburb to the amenities makes it very attractive.”

Mrs Bradshaw said there was a mix of buyers attracted to Leederville, including empty nesters/downsizers, first-home buyers, investors, families and developers.

“They are principally buying lifestyle and location and this would be anything in the form of an apartment to a home on a generous land size,” she said.

“Currently in demand are renovated properties from $800,000 to $1.2 million and townhouses with generous accommodation between $650,000 – $800,000.”

Leederville was one of the more affordable suburbs in the area with a median price of $808,750.

Source: realestate.com.au

Menora was the most expensive with a median price of $1.25 million, followed by Coolbinia at $1.13 million.

Dianella was the most affordable.

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