2 Fletcher Road, Lesmurdie WA 6076
2 Fletcher Road, Lesmurdie WA 6076
Corner block with workshop | Owner-occupied street | Lesmurdie primary catchment | 1014sqm with side access
This property offers a rare configuration advantage: a 1,014sqm corner block with a substantial 10x10m workshop and car hoistโfeatures that are almost never available in established suburbs like Lesmurdie. The street is 100% owner-occupied with 89% long-term residents, meaning low turnover and stable neighbourhood character. For a buyer who needs space for a trade, hobby, or home business, this house is positioned to outperform standard family homes in the same price bracket. It suits owner-occupiers or those wanting a dual-purpose property that can accommodate a vehicle collection or workshop without compromising living space.
The main risk is the single bathroom, which will limit appeal to families with older children or multiple residents. The last sale was in 2007, so there is no recent price benchmark; the current asking range sits near the suburb median, but the workshop adds value that may not be reflected in standard valuations. Buyers should verify the hoist’s condition and any council implications for commercial use of the workshop. The absence of scheduled inspections suggests a private negotiation process, which can work in a buyer’s favour if approached with clear comparables. Hold this property as a long-term owner-occupied home with a functional workspaceโit will not suit passive investors, but it will hold its value well for those who use what it offers
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.