Suburb Profile Report for Leichhardt NSW (2040)

Leichhardt House: Median price $1,542,500, Annual capital growth 9.49%, Number of sales 174, Weekly median advertised rent $800

Leichhardt Unit: Median price $911,000, Annual capital growth 8.12%, Number of sales 84, Weekly median advertised rent $599

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.06% which means that Leichhardt, 2040 has done well for property investors by showing a capital gain of 20.04% over the last year

If we look at median property appreciation over just the last three months, Leichhardt has given property investors a paper return of 1.48%. This puts Suburb as 805 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Leichhardt is $1542500, with sellers offering an average of -10.68% off the asking price.

Often selling an investment property can take time, and in Leichhardt the average time real estate has been on the market is 53.06 days.

A $800 per week rent on the median house gives suburb investors a gross yield of circa 2.70%, without taking into account capital value appreciation, which has been averaging out at 9.49%.

Leichhardt, 2040 ranked 285th in NSW when comparing growth in median property values or capital gain over the last 12 months. Leichhardt is one of 3163 in our list for NSW

Over the longer term, Leichhardt has seen property prices show investors a 32.99% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Leichhardt itself are offering an average vendor discount of -4.93% to real estate investors.

With the median price for a house in Leichhardt being $911000 and the advertised rent reaching $598.5 the gross rental yield for property investors calculates out to be 3.42%

Metrics i HOUSE UNIT
$1,542,500 $911,000
1.48% 15.68%
20.04% 7.37%
9.49% 8.12%
$800 $599
174 84
2.70% 3.42%
53.06 42.73

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 13519
Median household income ($/weekly) 1924
Median age of persons 36
Median housing loan repayment ($/monthly) 2817
Average household size 2.3
  • Census Count Percent(%)
    0-4 years 1202 8.9
    25-34 years 2734 20.2
    35-44 years 2938 21.7
    45-54 years 1626 12.0
    55-64 years 1272 9.4
    Others 3748 27.7
    Age Group
    Census Count Percent(%)
    Not Married 4440 44.3
    Registered Married 4035 40.2
    Defacto Relationship 1551 15.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8789 68.7
    Japan 507 4.0
    Papua New Guinea 433 3.4
    United Kingdom 836 6.5
    Other 724 5.7
    Others 1500 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 302 2.5
    Christianity 7079 57.6
    Hinduism 94 0.8
    Islam 128 1.0
    No Religion 4525 36.8
    Others 170 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 596 12.0
    $2,000-$2,499 434 8.7
    $2,500-$2,999 720 14.5
    $3,000-$3,499 448 9.0
    $4,000 or more 539 10.8
    Others 2238 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5455 51.6
    Not in the labour force 2487 23.5
    Employed, worked part-time 1915 18.1
    Employed, away from work 398 3.8
    Unemployed, looking for work 321 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 1418 18.2
    Professionals 2980 38.4
    Technicians & trades workers 600 7.7
    Community & personal service workers 598 7.7
    Clerical & administrative workers 1092 14.1
    Others 1082 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 244 8.8
    Infants/Primary 764 27.5
    Secondary 368 13.3
    Technical or Further Educational Institution 313 11.3
    University or other Tertiary Institutions 959 34.6
    Others 127 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5712 46.1
    Semi-detached, row or terrace house, townhouse 4337 35.0
    Flat, unit or apartment 2237 18.1
    House or flat attached to a shop, office 99 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2165 40.6
    Being purchased 1907 35.8
    Fully owned 1243 23.3
    Other tenure type 18 0.3
    Tenure Type
Census 2011, ABS
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