9 Devenish Way Leeming WA 6149

9 Devenish Way Leeming WA 6149
1984 build | 787mΒ² lot with 52% coverage | No overlays | Intake for primary & high school This property presents a strong proposition for a family seeking space and stability in a proven catchment. Its 787mΒ² lot size is above the local norm, offering significant ground for expansion or outdoor living, while the absence of bushfire or flood overlays simplifies due diligence. The configuration serves a family demographic directly, with its intake zoning for Banksia Park Primary and Leeming Senior High School being a persistent value anchor. Reliable connectivity via Hybrid Fibre Coaxial NBN and 5G supports modern work-from-home needs. Proceed with the understanding that the 1984 construction necessitates a thorough building inspection to budget for potential updates. The high site coverage limits further structural expansion without council variance. Its value is anchored in land and location, not the dwelling, making it a long-term hold for capital growth. A strategic purchase here requires verifying its estimated value against recent, true comparable sales, which our report provides alongside locality-specific risk assessments for insurance and development potential. Nearby sales context: 19 Devenish Way, a similar 4-bedroom house on a 783mΒ² lot, provides a direct street comparison. Another four-bedroom house at 9 Gracechurch Crescent is estimated at $1.44 million. This suggests the subject property’s estimated value is positioned at the upper end of its immediate locale, justified by its larger building footprint and specific school catchment.

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

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Market Insight:

Leeming is a high-demand suburb characterised by exceptionally strong price growth and rapid sales, with houses typically selling within days. This robust market is underpinned by a severe shortage of available rental properties, indicating sustained pressure from owner-occupiers and investors alike. Future performance will be supported by the area’s high household incomes, though its continued momentum may be sensitive to broader affordability constraints and interest rate fluctuations.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

787mΒ²

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