1 Armour Way, Lesmurdie WA 6076

1 Armour Way, Lesmurdie WA 6076
Dual occupancy with income flat | quiet elevated hills pocket | 5 bed 3 bath oversized family home | walking to schools and shops This property presents a competitively strong offering for its oversized land parcel and dual-income configuration, which is rare in the Lesmurdie market. The fully self-contained granny flat, with a proven Airbnb history, provides a structural advantage by offering immediate rental income or multigenerational flexibility. The main residence’s premium renovations and the property’s position in a quiet, convenient locale serve a family or investor buyer seeking both lifestyle utility and financial offset. The decision hinges on validating the building’s age and condition, as unspecified age carries latent capital risk for maintenance. The commercial logic is clear: utilize the secondary dwelling’s income to materially service the holding costs. This property should be acquired with the intent to hold long-term, leveraging its dual function to build equity through both market movement and debt reduction via rental yield.

Independent, Unbiased Research from  our PropCred Analyst team 

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.

PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

1038m²

Built

Recent Assessments