3/87 Leach Highway, Wilson WA 6107
3/87 Leach Highway, Wilson WA 6107
5 beds, 2 baths, 415sqm | dual living zones, 5 car spaces | flood overlay present | strong rental return potential
This villa offers a rare configuration for the areaโfive bedrooms with two separate living areas gives a buyer genuine flexibility, whether for a large family, multigenerational living, or a share-household. The 5 car spaces are a standout in a suburban villa setting, and the solar panels reduce ongoing costs. For a buyer seeking high rental yield, the $800โ$965 per week potential is strong, and the property sits within the intake area for Como Secondary College, which supports family demand. The 1997 build is modern enough to avoid major structural concerns, and floorboards add a quality feel without renovation cost.
The flood overlay is the primary riskโit may affect insurance premiums and could limit future development potential, though the current residential use is unaffected. The villa’s position on Leach Highway means traffic noise, which some buyers will discount, but the fully fenced lot and shed offer practical value. The 2018 purchase price of $460,000 versus today’s $1,072,000 estimate shows strong capital growth, but buyers should verify if that trajectory is sustainable given the overlay. This property suits an investor or family who values space and income over quiet perfectionโhold for rental cash flow or as a long-term family home with room to add value through cosmetic updates
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Wilson presents as a dynamic, young professional suburb experiencing robust demand, evidenced by rapid population and household income growth. This demographic is driving a competitive sales market, with houses transacting swiftly, reflecting strong buyer appetite. Recent price performance has been notably strong, supported by these fundamental demand drivers. Future growth appears linked to continued demographic tailwinds, though the current low volume of available listings suggests potential supply constraints that could influence market fluidity.