1/21 Leonard Street, Victoria Park WA 6100

Ground-floor courtyard unit | resort-style pool complex | established Victoria Park catchment | recent comparable sales below estimate The buying case rests on the combination of a secure ground-floor position with a private courtyard and access to an in-ground pool, which is uncommon for a 2×1 unit in this price band. The property sits within a well-connected inner suburb with strong school catchments and reliable NBN, serving first-home buyers and downsizers seeking low-maintenance living. The implied premium over recent sales in the same complex suggests either superior condition or layout, which could translate into stronger capital growth if the market continues to favour renovated stock. The primary risk is the value gap between the estimate and recent unit sales in the building, which may indicate an overpriced listing relative to actual market evidence. Strata fees and special levies remain unconfirmed and could materially affect holding costs. The opportunity lies in negotiating from the comparable sales data; a buyer who verifies the unit’s condition and strata health may secure a property that out-performs its complex peers.