Paul DiLanzo
27 Franklin Street, Leederville, WA 6007
AUCTION on Site Saturday 13th June at 10.30am
5 2 2
Open Saturday 6 June 1:00 pm Auction Saturday 13 June 10:30 am๐๏ธ About This Suburb (Last Updated Date: 2026-03-05)
History, Aboriginal heritage, and the story behind the name.
Leederville โ Whadjuk Noongar Country
Originally a rural area with dairies and orchards, it became a popular residential suburb in the late 19th century due to its proximity to Perth. The arrival of the railway and the development of Oxford Street transformed it into a commercial and social hub.
Today, it is one of Perth's most iconic urban villages, known for its cafe culture, independent boutiques, and a mix of heritage cottages and modern high-density living.
Overall Score
8.5
A top-tier inner-city suburb offering lifestyle and convenience with high capital growth potential.
Aboriginal Name
Galupโ "Place of fire or place of the campfire"
Name Origin
Named after William Leeder, who was granted land in the area in 1833.
Established
Gazetted 1895
Cafe Culture
Home to Oxford Street, one of Perth's original coffee strips.
Cinema
Features the iconic Luna Leederville, an art-deco independent cinema.
Connectivity
Only one train stop from the Perth CBD.
๐ Scorecard
12 key dimensions scored 0โ10. Each score includes a one-line explanation.
Market Momentum
8
Strong demand driven by low inventory and the suburb's perennial popularity with young professionals.
Amenity
9.5
Exceptional access to dining, retail, and the Beatty Park Leisure Centre.
Schools
8.5
Highly sought-after catchment for Bob Hawke College and proximity to West Leederville Primary.
Transport
9.5
Excellent with a dedicated train station and immediate Mitchell Freeway access.
Risk Profile
7
Moderate risk due to high entry prices and potential for noise/vibrancy issues.
Liveability
9
High quality of life with everything accessible within a 10-minute walk.
Demographics
8
Affluent, educated, and young-skewing population with high disposable income.
Rental Demand
9
Extremely tight vacancy rates due to proximity to the CBD and hospitals.
Growth Potential
7.5
Solid long-term prospects supported by ongoing urban renewal and school zoning.
Affordability
4
Significant barrier to entry for houses; units offer a more accessible but still premium entry point.
Crime & Safety
6.5
Typical inner-city profile with some opportunistic crime near entertainment precincts.
Walkability
9.5
One of the most walkable suburbs in Western Australia.
โก Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,550,000
Reflecting 2025-26 market peak
Median Unit
$780,000
High demand for modern apartments
CBD Distance
3km
5-minute train or 10-minute cycle
Walk Score
92/100
Walker's Paradise
School Zone
Bob Hawke
Premier inner-city high school
Vacancy Rate
0.8%
Extremely tight rental market
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Key Advantages
- Unbeatable lifestyle with Oxford Street dining and retail at your doorstep.
- Exceptional public transport links via Leederville Station and bus routes.
- Highly desirable school catchment for Bob Hawke College.
- Strong historical capital growth and high rental yields for the inner city.
- Proximity to Lake Monger and Britannia Reserve for recreation.
โ ๏ธ Key Watch-Outs
- Significant noise from the Mitchell Freeway and Joondalup train line.
- Parking is highly restricted and difficult for visitors.
- Heritage protections can complicate renovations on older properties.
- Nightlife activity can lead to anti-social behavior on weekends.
- High entry price point compared to the Perth metropolitan average.
๐๏ธ Suburb Overview
Character, property mix, price range and what drives value here.
๐๏ธ Character
Urban Professional
How this suburb feels day-to-day.
๐ Property Types
A mix of 1900s character cottages, mid-century villas, and modern luxury apartments.
Dominant dwelling stock.
๐ฐ Price Range
$750k (Units) – $2.8m+ (Houses)
Typical entry to ceiling.
๐ก Why It Matters
Leederville serves as a key 'activity centre' in the Perth metropolitan strategy, ensuring continued investment in infrastructure and amenities. It bridges the gap between the CBD and the leafy western suburbs.
๐ฐ Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
๐ House Median
$1,550,000
$1.2m – $2.8m
๐ข Unit Median
$780,000
$550k – $1.1m
๐ Price Trend
+7.5% past 12 months
12-month movement
๐ Weekly Rents
Houses $950pw, Units $680pw
Current asking rents
๐ 5-Year Price History
๐๏ธ Property Type Split
Low stock levels and high demand for the Bob Hawke College catchment have pushed house prices to record highs, while units remain a popular choice for investors and first-home buyers.
๐ฏ Affordability
How this suburb compares to metro and state medians.
๐๏ธ vs Metro Average
85% above Perth metro house median
Price comparison
๐ Income Ratio
11.2x average annual income
Median price รท median income
๐ณ Gross Yield
3.8% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
Leederville is considered an expensive suburb. Buyers often trade space for location and amenity.
๐ฅ Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
๐ Vacancy Rate
0.8%
Lower = tighter market
โฑ๏ธ Days to Lease
15 days
Avg time on market
๐ Rent Growth p.a.
+10% pa
Annual rental increase
Demand LevelVery High
๐ค Tenant Profile
Young professionals, healthcare staff from nearby hospitals, and corporate couples.
๐ผ Investor Outlook
Strong rental growth and low vacancy rates make it a safe haven for investors, though high entry costs may limit initial cash flow.
๐ Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+7.5%
1-Year Growth
+24% cumulative
3-Year Growth
+41% cumulative
5-Year Growth
๐ Growth Drivers
- Bob Hawke College catchment status
- Oxford Street North revitalization projects
- Proximity to major employment hubs (CBD and West Perth)
- Limited supply of new landed property
โ Headwinds
- Interest rate sensitivity in the premium market
- Rising construction costs for renovations
- Increased supply of high-density apartments
๐ฎ 5-Year Outlook
Expect continued outperformance of the broader Perth market as 'walkable urbanism' becomes a higher priority for the growing professional demographic.
๐ก๏ธ Crime & Safety
Safety index, trend comparison, and what to check locally.
6.5
Safety Score
Average
๐ Trend
Stable
vs last 12 months
๐๏ธ vs Metro Average
Slightly higher property crime rate due to commercial activity
Relative comparison
Risk Categories
Theft: Medium Anti-social behaviour: Medium Burglary: Low
๐ What to Check Locally
Check the proximity of the property to late-night venues and ensure secure parking is available.
โ ๏ธ Risk Profile
Natural hazards and planning risks to verify before buying.
๐ Summary
Environmental risks are low, but urban risks like noise and heritage constraints are significant factors for buyers.
๐ Flood Risk
Very low risk; area is well-drained with no major flood overlays.
๐ฅ Bushfire Risk
Negligible risk in this high-density urban environment.
๐ฆ Insurance Impact
Standard residential premiums apply; no specific environmental loadings identified.
๐บ๏ธ Planning & Zoning
Development controls, overlays, and what's changing locally.
๐ Typical Zoning
R40 to R80 (Mixed Use)
๐ฒ Overlays
Heritage Protection Area, Leederville Activity Centre Plan
๐๏ธ Development Hotspots
Oxford Street North and the Frame Court precinct
The City of Vincent has strict heritage guidelines that can limit the footprint and height of renovations in certain streets.
๐ณ Liveability
Day-to-day experience โ transport, amenity, green space, schools and healthcare.
๐ Transport
Excellent; train station and freeway access are central to the suburb.
๐๏ธ Amenity & Retail
World-class; high concentration of cafes, bars, and independent retail.
๐ฒ Parks & Recreation
Good; proximity to Lake Monger and Britannia Reserve provides ample green space.
๐ซ Schools
Excellent; home to Bob Hawke College and near West Leederville Primary.
๐ฅ Healthcare
Excellent; close to St John of God Subiaco and Sir Charles Gairdner Hospital.
๐ฅ Demographics
Who lives here โ income, age, ownership, and education levels.
A highly mobile, professional, and educated population with a high proportion of renters.
๐ต Median Income
$115,000 pa
๐ Ownership
45% owner-occupied, 55% renting
๐ Age Profile
Median age 34
๐ Education
62% hold a bachelor's degree or higher
๐ Age Distribution
The high concentration of 25-44 year olds drives the local economy and ensures consistent demand for rental properties and lifestyle amenities.
๐๏ธ Major Developments
Infrastructure pipeline and what it means for values and liveability.
๐ Overview
Focus is on the Leederville Activity Centre Plan, which aims to increase density while preserving character.
๐ Positive Impacts
- Improved pedestrian infrastructure
- Revitalization of the Oxford Street retail strip
- Increased local employment opportunities
๐ Negative Impacts
- Construction-related traffic disruptions
- Loss of some traditional street parking
๐บ๏ธ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
๐West Leederville
Position South
Price Similar to slightly higher
Lifestyle More residential and quieter
Best for Families seeking larger blocks
๐Mount Hawthorn
Position North
Price Similar
Lifestyle More family-oriented, less nightlife
Best for Established families
๐North Perth
Position East
Price Slightly lower
Lifestyle Diverse dining, more suburban feel
Best for Young families and renovators
๐Wembley
Position West
Price Similar
Lifestyle Leafy streets, closer to the coast
Best for Upsizers
๐ Similar Suburbs
Suburbs with a comparable profile โ useful if this one is over budget or sold up.
Fitzroy
VIC
9/10
Both are premier inner-city entertainment hubs with a mix of heritage and modern density.
Surry Hills
NSW
9.2/10
High walkability, strong cafe culture, and a professional demographic.
New Farm
QLD
8.8/10
Inner-city riverside/parkside lifestyle with a strong retail heart.
Subiaco
WA
8.4/10
Neighboring suburb with similar heritage value and high-end amenity.
๐ฌ Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
๐ Overall Community Sentiment
Residents love the convenience and energy of the area, though some complain about the noise and parking difficulties.
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Lifestyle
I can walk to everything—my favorite coffee shop, the cinema, and the train station. It's the best urban living in Perth.
Convenience Vibrancy
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Transport
Commuting to the CBD is a breeze, but finding a park for my friends when they visit is a nightmare.
Transport Parking
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Schools
Being in the Bob Hawke catchment was the main reason we moved here. The school is fantastic.
Education Community
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Investment
I've never had a vacancy for more than a week. The demand from young professionals is relentless.
Rental Demand Yield
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Noise
The nightlife is great, but the noise from the freeway can be quite intrusive on quiet nights.
Amenity Noise
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Social Life
Living here means you're always in the middle of the action. It's expensive but worth it for the social life.
Social Cost
๐ก Tailored Advice
Personalised guidance for every role in this market.
๐งโ๐ผ Buyer Strategy
- Prioritize properties with off-street parking, as street permits are limited.
- Conduct a thorough noise assessment if the property is within 200m of the freeway or train line.
- Check the specific heritage status of any character home before planning renovations.
- Verify the exact school catchment boundaries, as they can change.
- Look for properties on the 'quieter' streets north of Vincent Street.
โ Questions to Ask the Agent
- Is this property within the current Bob Hawke College catchment zone?
- Are there any heritage restrictions or 'Character Area' overlays on this specific lot?
- What is the noise rating or acoustic treatment of the building?
- How many residential parking permits is this property eligible for?
- Are there any planned high-density developments in the immediate vicinity?
- What are the strata fees and what do they cover (for apartments)?
- Has the property had a recent building and pest inspection, specifically for heritage-related issues?
๐ท๏ธ Seller Strategy
- Highlight the 'walkability' and proximity to Oxford Street in all marketing.
- Ensure any character features are well-maintained and showcased.
- Provide a clear parking solution or map for potential buyers during home opens.
- Target the 'young professional' and 'Bob Hawke catchment' demographics.
- Consider professional styling to appeal to the suburb's design-conscious buyers.
๐ฃ Positioning Tips
Position the property as a lifestyle choice rather than just a home. Emphasize the '10-minute lifestyle' where work, play, and education are all within reach.
๐ผ Investment Case
High-capital growth potential with exceptionally low vacancy rates.
โ ๏ธ Investment Risks
Higher entry costs and lower initial yields compared to outer suburbs.
๐ Action Plan
- Focus on 2-bedroom apartments or character cottages.
- Target properties within walking distance of the train station.
- Look for value-add opportunities through cosmetic renovations.
- Ensure the property has secure parking to maximize rental appeal.
๐ Renter Tips
- Have your application ready immediately after viewing.
- Consider a bike or scooter to avoid parking hassles.
- Check for double glazing if the property is near the main strip.
๐๏ธ What Renters Love Here
Unbeatable access to entertainment and transport.
โ ๏ธ Renter Watch-Outs
High rents and competitive application processes.
๐ข Landlord Strategy
- Maintain high-quality finishes to attract premium tenants.
- Include garden maintenance for properties with character yards.
- Consider allowing pets to stand out in a competitive market.
๐ Compliance & Management
Ensure all heritage-listed properties meet modern safety and energy standards without violating protection orders.
๐ค Agent Insights
- The market is driven by school catchments and lifestyle proximity.
- Buyers are often coming from the western suburbs or interstate.
- Stock levels remain historically low, keeping prices resilient.
๐ฏ Marketing Angles
The 'Urban Village' lifestyle; The 'Bob Hawke College' advantage; The 'One Stop to CBD' convenience.
๐ค Target Buyer Profile
Young professional couples, families with high-school-age children, and high-net-worth downsizers.
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Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
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Verify school catchment via the WA Department of Education website.โ
Check the City of Vincent Heritage List and Municipal Heritage Inventory.โ
Review the Leederville Activity Centre Plan for future zoning changes.โ
Conduct an evening noise test to gauge impact from nightlife and transport.โ
Check for any planned roadworks or freeway upgrades.โ
Inspect the condition of old plumbing and wiring in character homes.โ
Review strata minutes for the last 3 years for any major works or disputes.โ
Verify the presence of any easements on the title.โ
Check the walk-time to Leederville Station at peak hour.โ
Assess the availability of local amenities like supermarkets and medical centres.๐ Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
โ ๏ธ Important Disclaimer
This report is based on data available as of March 2026. Property values and market conditions are subject to change. Buyers should conduct their own independent research and seek professional advice before making any financial decisions.
