36 Waterloo Cres, Lesmurdie WA 6076

36 Waterloo Cres, Lesmurdie WA 6076
Large flat block | 6-car parking | Pool and workshop | Bushfire overlay | School catchment | Sought-after Lesmurdie pocket This property is competitively strong for its unusually flat and usable 1,062 m² block, which is rare in Lesmurdie’s typically sloping terrain. The 325 m² building footprint includes three bedrooms, two living areas, and multiple entertaining spaces, while the substantial brick workshop and six-car accommodation cater to car enthusiasts, hobbyists, or families with multiple vehicles. The saltwater pool, open fireplace, and parkland outlook enhance its family appeal, and the Falls Road Primary and Lesmurdie Senior High catchment positions it well for buyers prioritising school access. This house serves best those seeking a Hills lifestyle with practical space and privacy, not just standard suburban living. The bushfire overlay may affect insurance premiums and compliance requirements, which a buyer should investigate early. The 1972 build year might influence renovation appetite or energy efficiency expectations, though solar panels and evaporative cooling partially address this. While the block is fully fenced and gated, the property’s value could be shaped by how much a buyer values the workshop and parking capacity versus a more conventional layout. The pool adds lifestyle appeal but may be a maintenance consideration. No flood or heritage constraints are present, so the primary price factors are the land’s usability, the bushfire risk, and the property’s fit for a buyer who wants substantial space without hillside compromises.
Detailed Independent Property Report prepared  by PropCred Analyst team for 36 Waterloo Cres, Lesmurdie WA 6076
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk 2
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Lesmurdie WA 6076

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

3

Bathroom

2

Parking

6

Land

1062m²

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