24 Letsom Way, Langford WA 6147
24 Letsom Way, Langford WA 6147
5 bedrooms, 2 bathrooms, built 1970 on an 847m² lot with 2 garage spaces and 2 carport spaces. Single-storey, 337m² building footprint. NBN fibre to premises and 5G coverage are available. No bushfire, flood, or heritage overlays are present.
A 5-bedroom house on 847m² is a rare configuration in Langford, where most properties offer three or four bedrooms on smaller lots. The four dedicated parking spaces further distinguish it, appealing to families needing room for multiple vehicles or recreational gear. Positioned in an established, low-density suburb with solid connectivity, this property sits notably above the local average in both size and capacity. It is best suited for family buyers seeking generous indoor and outdoor space without entering a prestige market, or investors targeting consistent rental demand from tenants who prioritise bedroom count and parking. The larger footprint also allows for future reconfiguration or potential subdivision consideration, though current residential zoning applies.
The 1970 construction may require updates to kitchen, bathroom, or insulation, which could influence the overall investment. The rental yield near 4% is typical for outer-urban Perth, but future income growth might depend on local school perceptions and employment proximity. While the lot size is a strength, any value uplift from subdivision would rely on council policy changes. Buyers might also weigh the absence of a premium school catchment against the affordability of a high-bedroom home in this corridor. No material risks are evident, but ongoing maintenance should be anticipated given the property’s age.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Letsom Way, Langford WA 6147
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Langford is a tightly held, owner-occupier suburb where strong demand is compressing sales times and driving robust annual price growth. The market is characterised by a very low supply of listings, creating competitive conditions for buyers. This dynamic is underpinned by a high proportion of mortgaged owners, indicating sensitivity to interest rate movements, while the limited turnover of properties suggests sustained pressure on values.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
847m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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