Question 1

Is Lesmurdie a nice place to live?

Accepted Answer

Lesmurdie is a charming and peaceful suburb that offers a delightful living experience for those who appreciate natural beauty and a strong sense of community. Nestled in the Perth Hills, it provides a serene escape from the hustle and bustle of city life while still maintaining convenient access to Perth's amenities. The suburb is renowned for its lush surroundings and picturesque landscapes, making it a haven for nature lovers and families alike. With a variety of spacious family homes and charming rural properties, Lesmurdie is an ideal place for those seeking a tranquil lifestyle.

The suburb's vibe is characterized by its close-knit community and family-friendly atmosphere. Lesmurdie is well-equipped with local amenities, including several shopping centres and a strong network of schools, which cater to the needs of families. The presence of quality educational institutions such as Lesmurdie Primary School and Mazenod College ensures that families have access to excellent schooling options. Additionally, the suburb's proximity to nature reserves and the popular Lesmurdie Falls provides ample opportunities for outdoor activities like bushwalking and picnicking, enhancing its appeal for those who enjoy an active lifestyle.

Safety is generally not a major concern in Lesmurdie, contributing to its reputation as a secure and welcoming community. However, one trade-off to consider is the absence of a local train station, which means that residents rely on road and bus infrastructure for commuting to the Perth CBD. Despite this, the suburb's established bus services offer reasonable connectivity for daily convenience. While Lesmurdie may not have the bustling nightlife of inner-city areas, its peaceful environment and strong community spirit make it a wonderful place for families and individuals seeking a comfortable and serene lifestyle.

Question 2

Is it expensive to live in Lesmurdie?

Accepted Answer

Living in Lesmurdie can be considered expensive, especially when you look at the housing market. The median house price is currently $1,275,000, which is quite high compared to many other suburbs in the Perth area. If you're thinking of renting, the average rent for houses in Lesmurdie is around $750 per week. This can take a significant chunk out of your income, especially if you're earning the average Western Australia wage of $117,000 per year.

When you break it down, the median total household income in Lesmurdie is $2,083 per week. While this might seem decent, the high property prices and rental costs mean that a large portion of this income could go towards housing expenses. Compared to the state average wage, residents in Lesmurdie might find it a bit challenging to manage their finances comfortably if they are not earning significantly above the average. Overall, while Lesmurdie offers a beautiful environment and a peaceful lifestyle, the cost of living, particularly in terms of housing, is on the higher side.

Question 3

Is Lesmurdie a good place to invest?

Accepted Answer

Lesmurdie presents a promising opportunity for property investors, particularly those interested in houses. Over the past year, the suburb has experienced a notable 9.0% increase in median house values, indicating strong demand and potential for capital growth. This upward trend in house prices suggests that Lesmurdie is becoming increasingly attractive to buyers, likely due to its appealing lifestyle and community atmosphere.

In addition to the rise in house values, rental yields for houses in Lesmurdie have also seen a healthy increase of 7.1% over the last 12 months. This suggests a robust rental market, making it an appealing option for investors seeking steady rental income. While unit values and rents have remained stable, the strong performance in the housing sector highlights the suburb's potential for long-term investment returns.

Overall, Lesmurdie offers a solid investment opportunity, especially for those focusing on houses. Its consistent growth in property values and rental income, coupled with its desirable living environment, make it a suburb worth considering for investors looking for both capital appreciation and reliable rental returns.

	Houses	Units
Median price Past 3 months	$1.30M	N/A
Change in value Past 12 months	11.1%	N/A
Sold Past 3 months	31	N/A
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$765	N/A
Change in rent Past 12 months	9.3%	N/A

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