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Suburb in Focus – Leda

4 Jan 2013 iProperty Network 0 Comment

Spread across 120 square kilometres, the City of Kwinana is a rapidly expanding council comprised of 15 suburbs. The suburb of Leda is considered to be one of the main suburbs within the City. Leda is another one of the Kwinana suburbs named after a ship. The brig Leda brought settlers to the new Swan River Colony. This suburb name received approval in 1969.

 

Leda has appeared on the radar of many property experts as it forms one of the 5 suburbs referred to as the Pentagon. This Pentagon is a culmination of the suburbs: Parmelia, Orelia, Medina, Calista and Leda. Property experts call this Pentagon the next property investment opportunity. The reason for this thinking is that due to the high cost of rents and cost of land in the central metro area, Kwinana will experience a high population growth rate. This will lead to an increased demand for affordable housing which will create capital growth. Combine this with the close proximity of the industrial area fuelling labour growth.

 

As a suburb, Leda has a lot to offer. There are numerous parks and open spaces. Many of these have incorporated in to them recreational facilities such as half courts and basketball rings, playground equipment, outdoor exercising stations and gas barbeques. The suburb of Leda also has its own shopping centre that includes a pharmacy, supermarket, deli, hairdresser and bakery. Adjacent to this is a busy medical centre. There is also a well-established primary school that currently has about 520 students.

 

In terms of housing, Leda offers the home buyer great choice. You can purchase an older style home situated on a large block or purchase a new home that has been part of the huge development taking place. There are also opportunities to purchase units or multi-dwelling properties that sit at the lower end of the price range and present buyers with a great opportunity to break in to the property market.

 

If you would like any further information about Leda be sure to contact one of our local property professionals.

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