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Leederville suburb profile

Leederville is an inner-city suburb in Perth's inner north, a short drive from the CBD, centred on the lively Oxford Street dining and café strip. It blends character homes and terraces on tree-lined streets with medium-density apartments close to the retail spine, making it popular with young professionals, couples and downsizers who value a walkable local life. Daytime the suburb hums with cafés, bakeries and independent shops, and at night small bars and music venues come alive. Green pockets and the sporting ground at Leederville Oval add outdoor space, while frequent trains and buses keep the city and nearby precincts easily reachable.

Leederville property market performance

Current median dwelling price$1,190,000Past 3 months

Property growth+28.0%Past 12 months

There aren't enough recent sales to publish a reliable median price for houses or units. The figures that are available show house values have risen sharply, up 40.9% over the last 12 months, and this rise outpaced units, which were also up sharply, 15.1% over the same period.

Over the last 3 months there were 7 house sales and 8 unit sales. Median days on market over the last 12 months were 11 days for houses and 9 days for units, so both property types sold in a similar time.

The rental market in Leederville shows an average house rent of $850 and an average unit rent of $700. House rents rose sharply, up 13.3% over the last 12 months, while unit rents increased a modest 3.7%, so house rents grew faster.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
40.9%15.1%
Sold
Past 3 months
78
Median days on market
Past 12 months
119
Average rent
Past 12 months
$850$700
Change in rent
Past 12 months
13.3%3.7%

5 year median price trend for houses and units

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Leederville demographics

The community has 3,686 people with a median age of 35. The typical household earns $2,316 a week, roughly $120,400 a year.

Families are dominated by couple families without children, which make up 55.0% of families. Couple families with children account for 30.3%, and together the two couple-family groups total 85.3% of families. One-parent families represent 12.1% and other families 2.6%.

Homes in Leederville are mostly owner-occupied, about 55.2% combined (23.0% owned outright and 32.2% owned with a mortgage), while 44.8% of dwellings are rented.

Leederville infrastructure, key developments and investment opportunities

Leederville is the focus of a council-led town-centre program. The City of Vincent has adopted the Leederville Town Centre Place Plan 2025–2030 and lists a Leederville carpark redevelopment as a major project. The Avenue and Frame Court carparks (1 The Avenue and 62 Frame Court) are the subject of sale and development agreements and an ongoing major land transaction, with the City progressing works that include a new City-owned multi-storey public carpark and related public-realm changes.

Transport and community works tied to the station precinct are also active. Local councils and elected leaders have pushed for Leederville train station to be redeveloped as a universally accessible station, and precinct planning for West Leederville/Leederville includes a transit plaza and better pedestrian links across the Mitchell Freeway. Leederville Oval, commercially Sullivan Logistics Stadium, secured government funding for a new playing surface and broadcast-standard floodlighting, with tendering and staged works scheduled through 2024–25.

Suburbs near Leederville

Some popular suburbs near Leederville include:

How does Leederville compare to nearby suburbs?

  • Median house prices: Leederville’s median house price is 10.9% higher than North Perth’s.
  • Median unit prices: Leederville’s median unit price is 24.2% higher than West Leederville’s.
  • House price growth: Over the past 12 months, house prices in Leederville have grown 21.8% higher than in West Leederville.
  • Unit price growth: Property prices in nearby West Leederville have risen 23.8% more than in Leederville over the past year.
  • Selling speed for houses: Properties in Leederville are selling 26.7% faster than in West Perth.
  • Selling speed for units: Properties in Leederville are selling 25.0% faster than in West Leederville.
  • Investment considerations: In Leederville, the rental yield for house is 10.4% higher than the Perth average, while the rental yield for units is 5.1% higher.
  • House price growth: Over the past 12 months, house prices in Leederville have grown 49.2% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Leederville have grown 4.4% higher than the average rate of growth for units across Perth.

Common questions about Leederville

  • Is Leederville a nice place to live?

    Leederville is an inner-city pocket in Perth's inner north, a short drive from the CBD and centred on the lively Oxford Street dining and café strip. It mixes character homes and terraces on tree-lined streets with medium-density apartments near the retail spine, and is popular with young professionals, couples and downsizers who value a walkable local life. Daytime the suburb hums with cafés, bakeries and independent shops, while small bars and music venues are active at night; green pockets and Leederville Oval provide outdoor space, and frequent trains and buses keep the city and nearby precincts easily reachable.

    The community of 3,686 people has a median age of 35 and a typical household income of $2,316 a week. Homes are mostly owner-occupied, about 55.2% combined, while 44.8% of dwellings are rented. The council is driving a town-centre program that includes carpark redevelopment, station-precinct and pedestrian-link improvements, and upgrades at Leederville Oval. Whether that mix suits you comes down to what you want from a suburb.

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  • Is it expensive to live in Leederville?

    Rents in Leederville sit at levels that would take a sizeable slice of local household incomes at the last Census. An average house rent of $850 a week would take about 36.7% of a typical local household's weekly income at the last Census, while the average unit rent of $700 a week would take about 30.2%. On these figures, both rents would be a sizeable share of a typical local household income at the last Census, with houses taking a larger share than units.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is Leederville a good place to invest?

    The standout movement over the past year was house values, which jumped 40.9% in Leederville. House rents rose 13.3% over the same period. On the units side, median unit values climbed 15.1% while unit rents increased 3.7%. Value growth outpaced rent growth for both houses and units, and the house market showed the larger moves in both price and rent.

    For someone weighing Leederville as an investment, the value figures reflect capital growth over the year while the rent figures show how rental income moved; the house side was the stronger performer for both capital growth and rental income in the past 12 months. Whether that makes Leederville the right investment for you depends on your objectives and circumstances.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Leederville

Currently, there are 53 real estate agents working in Leederville—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 53 agents sold 39.8% of all properties in Leederville over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Leederville typically charge a commission of 1.5% to 2.79%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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