Suburb spotlight on: Leeming, WA
Continuing to ride the wave of Perth’s property market recovery, the southern suburb of Leeming is sharing the spoils of its position in the ‘mortgage belt’.
Continuing to ride the wave of Perth’s property market recovery, the southern suburb of Leeming is sharing the spoils of its position in the ‘mortgage belt’. Close to the city with only a 20 min drive into Perth, Leeming is an affluent suburb with major shopping centres and proximity to plenty of local schools. Maturing couples and established families make up the bulk of the market for an aspiring sales office.
Let’s look at the market share in the area. LJ Hooker Leeming has the highest market share at 44%, followed by Professionals Prowest Real Estate at 5.9% and Mallison Real Estate at 5%.
In this high demand suburb, Leeming buyers can expect to pay an average of $660,000 for a house, with CoreLogic data telling us that 43% of property is fully owned. Opportunity is ripe for a very profitable sales office opening in the area, who can capitalise on servicing the 58% of families in the area.
A suburb steadily on the rise in an affluent part of Perth, Leeming offers a prime spot for a smart new Ray White business. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.