Giving property investors a a solid capital gain of 19.72% for the last year, Leichhardt, 2040 is the 409th highest performer in Australia in this respect.
Comparing Leichhardt,2040 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Leichhardt is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 31th in terms of most discounted suburbs in NSW
If you compare the increase in value of investment property in Leichhardt, 2040 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -10.47%.
If we look at median property appreciation over just the last three months, Leichhardt has given property investors a paper return of 15.38%. This puts Suburb as 12 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Leichhardt should be aiming for at least -4.70% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $7152 per annum or $596 every week.