43A Leichhardt Street, Bull Creek WA 6149

43A Leichhardt Street, Bull Creek WA 6149
3 bed 1 bath on 527m² | modest footprint for Bull Creek | family-oriented street | solid entry-level house | dated but liveable This is a straightforward family house in a suburb where most homes are larger and more established. The 527m² block is workable but not generous, and the 3×1 configuration makes it a genuine entry point into Bull Creek rather than a forever home. The strongest appeal here is location—school zoning, rail access, and proximity to Fiona Stanley Hospital and Murdoch University make it practical for young families or investors wanting steady demand. It serves best as a first home or a rental with room to add value later. The 2018 purchase price of $500,000 shows how far the suburb has moved, and the current estimated range around $965k–$1,015k reflects that shift. What might shape its final price is the lack of confirmed updates or renovations. The house may be original 1970s stock, which could mean older kitchen, bathroom, and fixtures that need attention. The single bathroom and one car space are limiting for some buyers, and the smaller block compared to nearby 4×2 homes on 700m²+ means it may not attract the same premium. The rental yield estimate of 3.5% is modest but reasonable for the area. A buyer should weigh the cost of potential upgrades against the land value and location advantages, since the property’s ceiling depends largely on how much work they are willing to put in. || Comparable Sales: 38 Leichhardt Street sold $1.55m on 744m²; 28 More Crescent sold $1.55m on 684m² | Property Price Band: $950K–$1.05M | Value Drivers: land size, condition, single bathroom layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 43A Leichhardt Street, Bull Creek WA 6149
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Bull Creek is a tightly held family suburb with excellent transport and school catchments, driving sustained demand from owner-occupiers. This demographic dominance underpins a highly competitive sales environment for houses, evidenced by rapid turnover and strong capital appreciation. Future growth is anchored in its established appeal and proximity to major employment nodes, though high entry prices and limited unit supply present clear constraints on accessibility and market fluidity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 38 Leichhardt Street sold $1.55m on 744m²; 28 More Crescent sold $1.55m on 684m² | Property Price Band: $950K–$1.05M | Value Drivers: land size, condition, single bathroom layout

Bedrooms

3

Bathroom

1

Parking

1

Land

1020m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat