48 Northwood Street West Leederville WA 6007

48 Northwood Street West Leederville WA 6007
1910 freestanding house | 243sqm lot with 65% coverage | West Leederville primary and Bob Hawke College zone | No overlays, no flood, no bushfire risk This property occupies a rare position in West Leederville: a freestanding 1910 house on a compact lot with no heritage, flood, or bushfire constraints, inside both the West Leederville Primary and Bob Hawke College intake areas. For a buyer seeking a period home with immediate school access and the ability to renovate or extend without overlay restrictions, this is a competitive starting point. The 65% building coverage on 243sqm leaves limited but usable outdoor space, and the 6m roof height suggests potential for a second-storey addition, subject to council approval. The property suits a family or investor who values location and school zoning over internal space, and who is prepared to reconfigure the current single-bathroom layout. The main risk is the bedroom count discrepancy between the 2024 sale (3 bedrooms) and the current listing (4 bedrooms), which may indicate an unapproved conversion or a cosmetic reclassification. A buyer should verify the floor plan and any permits before relying on the four-bedroom valuation. The 148โ€“158sqm internal area is modest for a family home, and the single bathroom is a functional constraint that will limit appeal in the resale market until upgraded. The opportunity lies in adding a second bathroom and possibly a first-floor extension, which could lift the property into a higher price bracket given the land is free of overlays. Hold this property for medium-term capital growth driven by school demand and infill scarcity, and prioritise a compliant bathroom addition before resale.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

West Leederville is a tightly held inner-city suburb prized for its walkable proximity to the CBD, attracting affluent professionals, established couples, and downsizers. This high demand, coupled with extremely limited land supply, drives a competitive market with rapid sales and sustained price appreciation. Future growth is underpinned by its enduring lifestyle appeal and strong rental demand, though premium pricing presents a significant affordability constraint for new entrants.
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PropCred Estimated Value

Bedrooms

4

Bathroom

-

Parking

-

Land

243mยฒ

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