180A Leake Street, Belmont WA 6104

180A Leake Street, Belmont WA 6104
3-bed townhouse with two living zones | 171sqm internal on 323sqm land | Built 2009 near airport and major roads | Higher spec than typical Belmont stock This property is competitively strong because it offers a larger internal footprint than most townhouses in Belmont, with multiple living areas across two levels and two enclosed courtyards. Built in 2009, it avoids the compromises of older housing stock while still providing a low-maintenance layout. The location near Perth Airport, Tonkin Highway, and Belmont Forum makes it well suited to professionals who need transport access or small families wanting convenience without a full house to maintain. The two car spaces and modern inclusions like stone benchtops and ducted air conditioning add genuine functional appeal. The value of this property may be influenced by its position on a main road corridor, which could affect noise levels and street appeal compared to quieter pockets. The 323sqm lot is modest for a townhouse, so future expansion potential is limited. Buyers should weigh whether the internal space and modern finishes justify a price point that may approach entry-level houses in neighbouring suburbs. The rental yield appears reasonable for the area, but resale demand will depend on how this property compares to newer townhouse developments coming to market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 180A Leake Street, Belmont WA 6104
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk 2
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Insight: Belmont WA 6104

Belmont’s proximity to Perth underpins its appeal, with strong transport links reflected in a remarkably fast-moving property market. Demand is driven by a growing, young professional demographic, supporting robust recent capital growth. This sustained population increase and high buyer activity signal ongoing interest, though current price levels relative to incomes and broader interest rate sensitivity present affordability considerations for future momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

323m²

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