16 Hope Cres, Lesmurdie WA 6076

16 Hope Cres, Lesmurdie WA 6076
Large landholding | Elevated foothills position | Family-school catchment | Bushfire overlay present This property offers a rare combination of scale and position: 1,730 square metres on a hillside lot with a 442-square-metre home, five bedrooms, four living areas, and a pool. For buyers seeking a substantial family house in a strong school catchment with high owner-occupier density, the configuration and land area create a competitive edge over typical suburban offerings. The elevated site and outlook further differentiate it in the Lesmurdie market, serving families who prioritise space, privacy, and access to Falls Road Primary and Kalamunda Senior High. The bushfire overlay is the primary risk, carrying implications for insurance premiums, landscaping maintenance, and any future redevelopment or extension. This is not a deal-breaker for informed buyers but should be factored into holding costs and due diligence. The opportunity lies in the landholding’s scarcity: large, elevated blocks in this catchment are limited, and the property’s 1975 build offers scope for value-add through renovation or reconfiguration, provided bushfire compliance is addressed.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Hope Cres, Lesmurdie WA 6076
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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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.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

6

Land

1730m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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