2 Hart Street, Lesmurdie WA 6076

2 Hart Street, Lesmurdie WA 6076
Corner block 2016sqm | vaulted ceilings | side access Connor St | Lesmurdie Hills lifestyle The corner positioning on a flat 2016sqm block is the primary structural advantage here, offering rare usability for the Hills area. The vaulted ceiling living room and powered garage with lean-to are not decorative but functional features that support both family living and future flexibility. This property serves buyers who want the space of a large block without the slope that typically limits such sites. The proximity to Falls Road Primary and St Brigids College makes it viable for families seeking walkable school access in a low-density setting. The main risk is that the single bathroom and dated interior may require immediate attention, which will cost the buyer both time and capital that cannot be recovered through rent alone. The 60% renter profile on Hart Street suggests transient demand rather than deep owner-occupier commitment, so resale liquidity may be slower. However the side access and flat land create a clear opportunity for a granny flat or workshop addition, improving the propertyโ€™s long-term hold value. Buyers should treat this as a land play with a liveable house attached, not a turnkey family home.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Lesmurdie is a tightly held, family-oriented suburb in the Perth Hills, characterised by strong demand from owner-occupiers. The market is highly competitive, with houses transacting swiftly, reflecting a significant supply constraint against consistent purchaser interest. Recent price appreciation has been robust, driven by this sustained demand within a low-turnover environment. Future performance will hinge on the ongoing balance between this limited housing stock and the needs of its established demographic, presenting a market of both opportunity and inherent supply sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

2016mยฒ

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