15 Harrington Cres, Leeming WA 6149
15 Harrington Cres, Leeming WA 6149
1980s detached house | large 720–730m² block | 4–5 bed family layout | established leafy pocket | strong school catchment demand
This property sits in a quiet, mature pocket of Leeming where the housing stock is consistently spacious and family-oriented. The large green-title block, wide frontage, and generous rear yard are the standout features here—they offer the kind of space that newer suburbs simply cannot replicate. With four to five bedrooms and two bathrooms, the configuration suits established households looking for room to grow, or buyers who value a proper backyard and parking flexibility. The street itself is stable, with mature gardens and a settled owner-occupier character, which tends to hold value well over time. For a family buyer prioritising schools, space, and a peaceful setting within reach of the freeway, this is a strong fit.
The 1980s construction means the internal finishes and layout may feel dated compared to modern builds, and that could affect how much work a buyer needs to budget for after settlement. The south-facing aspect, if applicable, might also influence natural light and garden usability. These factors may shape the final price more than the land itself, since the block and location are already well-established. A buyer should weigh the cost of any updates against the benefit of securing a large lot in a sought-after school catchment.
|| Comparable Sales: 17 Harrington Cres sold for $1.48M in early 2025; 33 Harrington Cres sold for $1.52M in late 2024 | Property Price Band: $1.4M–$1.5M | Value Drivers: land size, condition of interiors, street position within the crescent
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Harrington Cres, Leeming WA 6149
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Leeming, a southern Perth suburb, is defined by acute scarcity. Houses sell in a median 8 days and the vacancy rate is 0.29%, indicating severe supply-demand mismatch. The median house price rose 16.81% to $1,250,888 (REIWA), though estimates range to $1.37M. Demand comes from high-income households (median weekly income above $2,325) chasing limited stock—125 house sales and only 8 unit sales in 12 months. Rental pressure is intense: median house rent is $820–$850 weekly, with gross yields around 3.55%. School quality and transport links are not documented. Future growth faces affordability headwinds above $1.2M and interest-rate sensitivity, with no explicit demand drivers beyond scarcity.
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PropCred Estimated Value
Comparable Sales: 17 Harrington Cres sold for $1.48M in early 2025; 33 Harrington Cres sold for $1.52M in late 2024 | Property Price Band: $1.4M–$1.5M | Value Drivers: land size, condition of interiors, street position within the crescent
Bedrooms
4
Bathroom
2
Parking
4
Land
767m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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