86A Mccourt Street West Leederville WA 6007

3BR on smaller lot | newer 2003 build in established suburb | prime school catchments | no overlays | strong recent comps This house presents a competitively priced, lower-maintenance entry into a high-demand inner-ring suburb, best suited for a downsizer or professional couple. Its 2003 construction offers modern systems without the premium for a full renovation, and the absence of overlays simplifies due diligence. The configuration targets a specific buyer segment less common in the area, providing a relative value position against larger, older stock. The primary compromise is lot size and bedroom count against recent sales, capping capital growth relative to larger homes. The estimated rental yield is below suburb median, indicating an owner-occupier bias. Proceed with an offer strategy anchored to the $2.275M-$2.4M 4-bedroom benchmark, adjusted for its smaller scale. A professional valuation and locality risk report are essential to quantify this adjustment and secure appropriate insurance. Recent McCourt Street sales demonstrate a robust market: – 58 McCourt St: $2,380,000 (May 2025) | 4 bed, held 9 years – 50B McCourt St: $2,275,000 | 4 bed, held 13 years – 56 McCourt St: $2,400,000 (May 2025) | 4 bed, held 7 years This property’s $2.213M estimate is credible, reflecting a discount for its three-bedroom format against these four-bedroom comparables.