2/14 Spence Court, Leeming WA 6149

2/14 Spence Court, Leeming WA 6149
Cul-de-sac villa on 1388sqm parcel | 3×2 single-level layout | 77% owner-occupier pocket | Leeming Primary zone within 1km This villa is positioned on one of the largest triplex parcels in Leeming, giving the buyer land-value leverage rare for a low-maintenance home. The double-height ceilings and walk-in pantry are functional differentiators, but the real edge is the 1388sqm lotโ€”this property captures subdivision upside in a tightly held suburb where median prices sit near $990,000. It suits a downsizer wanting single-level living without sacrificing garden space, or an investor seeking a stable owner-occupier renter profile in a 77% owner-occupier pocket. The main risk is the parking discrepancyโ€”one space listed versus two on recordโ€”which could affect resale appeal for families. The 97sqm internal layout is compact for a 3-bedroom villa, and the triplex configuration may carry shared driveway or strata obligations that need due diligence. That said, the large parcel offers future redevelopment optionality, and the cul-de-sac position in a low-turnover street supports long-term capital growth. Hold for land appreciation rather than rental yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/14 Spence Court, Leeming WA 6149
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Market Insight:

Leeming is a high-demand suburb characterised by exceptionally strong price growth and rapid sales, with houses typically selling within days. This robust market is underpinned by a severe shortage of available rental properties, indicating sustained pressure from owner-occupiers and investors alike. Future performance will be supported by the area’s high household incomes, though its continued momentum may be sensitive to broader affordability constraints and interest rate fluctuations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

1388mยฒ

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