Selling a House in Leederville: What the Numbers Actually Say

Leederville houses are selling well. REIWA's latest data puts the median house price at $1,725,000 for the 12 months to September 2026, with houses taking a median of 21 days to sell. But only around 48 houses change hands here in a year, so the suburb median tells you very little about what your home is worth. Your price comes from a handful of genuinely comparable sales, and the right agent should be able to show you every one.

Leederville is one of the most talked-about suburbs in Perth, and that creates its own problem for sellers. Everyone has a number in their head. Usually it is the highest sale they heard about at a barbecue. Here is what the data says, what it does not say, and how I would approach a sale here.

Leederville by the numbers

These figures come from REIWA, using Landgate settled-sales data for the 12 months to September 2026, updated 15 October 2026.

• Median house price: $1,725,000
• The middle half of house sales: roughly $1.59 million to $2.2 million
• By bedrooms: 2-bedroom houses around $1.61 million, 3-bedroom $1.8 million, 4-bedroom $1.95 million
• Median unit price: $800,000 (1-bedroom around $550,000, 2-bedroom around $820,000)
• Median time to sell: 21 days for houses, 13 days for units
• Sales price growth: 14.0%

For context, the median dwelling value across Perth passed $1 million in March 2026. Leederville houses sit well above that, which is no surprise for a suburb about three kilometres from the city with two train stations nearby and Oxford Street on the doorstep.

Why the suburb median can mislead you

Cotality data for the 12 months to June 2026 counted 48 house sales and 60 unit sales in Leederville. That is a small pool. In a suburb this size, three or four big sales in a quarter can move the median noticeably, up or down, without the value of your home changing at all.

Look at the spread instead. A quarter of Leederville houses sold for under about $1.59 million, and a quarter sold for over $2.2 million. That is a gap of more than $600,000 inside one small suburb. Block size, street, condition, parking, and whether the home is an original cottage or a newer build all sit inside that gap.

So when someone tells you "Leederville is worth $1.7 million", the honest answer is: some homes are, many are not, and a few are worth a lot more. Your price comes from the sales that actually look like yours.

Houses and apartments are two different markets

Leederville has a real mix of older character homes, newer builds and apartments, and the buyers barely overlap. A unit buyer is often a first home buyer, a downsizer or an investor watching the rent. A house buyer is usually after land, a yard and room to extend.

Units here have been moving faster than houses, at a median of 13 days against 21. That does not mean a unit is easier to sell. It means the buyer pool for a well-priced unit is deep, and the comparison is brutal. Buyers will have seen every similar apartment in the building and down the street, and they will know which one has the better outlook, parking and strata fees.

If you are selling a unit, ask for comparable sales in your own complex and in similar buildings, and have your strata paperwork ready before the first inspection. If you are selling a house, the conversation is about land, condition and what a buyer could do with the place.

Older homes: check the heritage position before you list

A lot of Leederville's housing stock is older, and some places are on the City of Vincent's heritage records. If your home is one of them, buyers who are planning to extend, renovate heavily or rebuild will want to know what they can and cannot do.

Check where your property stands before you list, using the City of Vincent and the state's inHerit database, and tell your agent up front. A heritage listing is not automatically a negative. Plenty of buyers want exactly that kind of home. What hurts a sale is a buyer finding out halfway through and deciding they have been misled.

Pricing when buyers have more choice

The Perth market has shifted this year. REIWA's figures for the week ending 11 October 2026 showed 8,289 properties listed for sale across Perth metro, against 2,780 in the same week last year. Buyers have far more to choose from than they did twelve months ago.

That matters even in a suburb as popular as Leederville. A well-priced home still sells quickly. An overpriced one now sits next to more alternatives, buyers notice, and the longer it sits the harder it is to recover. My advice is simple: price off the real comparable sales, not the best one you have heard about, and be wary of any agent who quotes you a number well above what the evidence supports just to win the listing. That would be a waste of your time and, eventually, your money.

Questions sellers ask

What is the median house price in Leederville?
REIWA puts it at $1,725,000 for the 12 months to September 2026, based on Landgate settled-sales data. The middle half of house sales fell between roughly $1.59 million and $2.2 million, so treat the median as a starting point, not a valuation.

How long does it take to sell a house in Leederville?
REIWA's data shows a median of 21 days to sell for houses and 13 days for units, based on settled sales as at 15 October 2026. Your home's time on market will depend mostly on how it is priced and presented.

Is now a good time to sell in Leederville?
Prices have grown strongly over the past year, which helps sellers. But there are far more homes for sale across Perth than a year ago, so buyers have more choice. A sharp price and good presentation matter more now than they did twelve months ago.

How do I find out what my Leederville home is worth?
Ask for a written appraisal that lists the specific comparable sales it is based on, ideally recent sales of similar homes nearby. If an agent cannot show you the evidence behind their number, do not rely on it.

The honest summary

Leederville is a strong suburb with a small number of sales each year. That combination means the headline median is easy to quote and easy to misuse. Your price comes from a handful of comparable sales, your buyer depends on whether you are selling a house or a unit, and older homes should have their heritage position checked before they hit the market. With more homes listed across Perth than a year ago, pricing on evidence matters more than ever.

If you are thinking about selling in Leederville and want a straight answer on what your home is worth, with the sales to back it up, book a free appraisal. Or grab the free seller's guide if you would rather read first.

This article is general information only and does not take your personal circumstances into account. Market figures are from REIWA (Landgate data, 12 months to September 2026, updated 15 October 2026, and the Perth metro snapshot for the week ending 11 October 2026) and Cotality (12 months to June 2026), and can change as more sales settle. Get a written appraisal based on current comparable sales before making any decision.