47/40 Cambridge Street, West Leederville, WA 6007 sold on 07 February 2025 | OnTheHouse
SOLD
Sold on 07 Feb 2025 for $305,000

47/40 Cambridge Street
West Leederville WA 6007

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 45m2
Sold By
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John Stratton
Drift Real Estate
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Property Details for 47/40 Cambridge St, West Leederville

47/40 Cambridge St, West Leederville is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 45m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 1 bedroom Unit sold in West Leederville in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
45m2
Land Size
45m2
Local Government
Cambridge
Lot/Plan
47/S012604

Last Listing description (April 2025)

Charming 1 bedroom unit in prime West Leederville location.

Welcome to 47/40 Cambridge Street, a delightful 1-bedroom unit nestled in the heart of vibrant West Leederville. This charming property offers a perfect blend of comfort and convenience, making it an ideal choice for first-home buyers, investors, or those seeking a low-maintenance lifestyle.

Property features:

- Open plan living with a total living area of 45 sqm (not including the exclusive-use balcony accessed from the bedroom), this unit maximizes space and offers a comfortable living environment without compromise.
- Split system airconditioner to bedroom.
- Secure parking behind a locked security gate.
- Situated in the sought-after suburb of West Leederville, you'll be just moments away from local cafes, shops, parks, and public transport, ensuring everything you need is within easy reach.

Built in 1969, this unit combines classic charm with modern living, offering a unique character that sets it apart. Whether you're looking to invest in a thriving area or find your first home, this unit offers an incredible opportunity to enjoy the benefits of West Leederville living including:

- 2.6kms to Perth CBD
- 300m walk to Leederville train station
- 4 min walk to Green CAT bus stop that leads into the city
- 500m walk to the local Coles
- 500m walk to Leederville cafe strip

Council Rates: Approx. $1305 per annum
Water Rates: Approx. $885 per annum
Strata Fees for 2024/25: $876.50 per quarter
(Admin Fund $676.50 + $200 Reserve Fund)

Currently leased under-market at $350/week ending in April 2025, the current market rate is $400-$450 per week providing a great rental yield, with renovated units in the complex achieving $500+/wk! A little imagination and a bit of sweat equity can turn this pocket rocket into a high rental yield property or a perfect place to call home.

Don't miss out on this fantastic property! Contact us today to arrange a viewing and discover the potential that awaits you at 47/40 Cambridge Street. Your new home or investment opportunity is just a phone call away!

**Please note: If attending home opens, there is parking available nearby at the Leederville Town Hall (EasyPark lot 31001).**

DISCLAIMER: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 47/40 Cambridge St, West Leederville, WA 6007

A timeline of how this property has performed in the market
Last Sold
$305,000
07 Feb 2025
Listed for Rent
$220/w
23 May 2018
  • 07 Feb 2025
    Sold for $305,000
  • 24 Jan 2025
    Listed for Sale UNDER OFFER!
  • 12 Dec 2023
    Sold for $228,000
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About West Leederville 6007

The size of West Leederville is approximately 1.5 square kilometres. It has 5 parks covering nearly 11.5% of total area. The population of West Leederville in 2016 was 3978 people. By 2021 the population was 4340 showing a population growth of 9.1% in the area during that time. The predominant age group in West Leederville is 30-39 years. Households in West Leederville are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in West Leederville work in a professional occupation.In 2021, 59.20% of the homes in West Leederville were owner-occupied compared with 58.80% in 2016.

West Leederville has 2,672 properties. Over the last 5 years, Houses in West Leederville have seen a 74.83% increase in median value, while Units have seen a 68.69% increase. As at 30 November 2025:

  • The median value for Houses in West Leederville is $1,958,100 while the median value for Units is $595,126.
  • Houses have a median rent of $1,050 while Units have a median rent of $565.
There are currently 13 properties listed for sale, and 6 properties listed for rent in West leederville on OnTheHouse. According to Cotality's data, 129 properties were sold in the past 12 months in West leederville.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.