Leichhardt, 2040 ranked 405th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leichhardt has increased when compared to the 5 year average annual rate.
Property buyers and investors in Leichhardt 2040 should be seeing an average reduction in asking price of around -5.40% . This means that Leichhardt is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Leichhardt the average time real estate has been on the market is 54.64 days.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 2.79%, without taking into account capital value appreciation, which has been averaging out at 8.92%.
Leichhardt has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -24.14% to date .
Leichhardt,2040 has offered an average of -24.14% return per annum in house price rises to property investors over the last three years.
At number 197th of NSW’s most discounted properties, Leichhardt is in the middle of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $7140 per annum or $595 every week.