Suburb Profile Report for Leppington NSW (2179)

Leppington House: Median price $800,500, Annual capital growth -1.55%, Number of sales 66, Weekly median advertised rent $570

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

Source: CoreLogic

  • House Report
  • Expert Report

At number 2632th in the list of Australian suburbs ordered by increase in median house value over the last year, Leppington, 2179 is in the BOTTOM 40% with a property value increase of 2.63% recorded in median house prices.

Over the longer term, Leppington has seen property prices show investors a 33.42% return over the last 3 years. This is worse than over the last 12 months

Leppington, 2179 is offering NSW ‘s 312th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.

Leppington, 2179’s gross rental yield is 3.70%

YIP MAG Information supplied by:

YIP MAG
June 2016

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In Sydney’s southwest, Leppington hasn’t been enjoying a great run of late.Full summary In Sydney’s southwest, Leppington hasn’t been enjoying a great run of late.

According to Real Estate Investar, the vacancy rate in Leppington has nearly doubled in the last year and is now sitting at 6.15%, compared to 3.88% a year ago.

Prices in the suburb haven’t been performing too well either, though there are some signs the suburb is beginning to turn around.

The median house price sits at $721,000, having fallen by 31% in the past five years, though it is up 15% in the last year.

While conditions in Leppington may not have been as strong in recent years as they have been in other areas of Sydney’s west, this may be due to the fact that the suburb has been the focus of state government attention recently.

In late 2015, the NSW Government extensively rezoned the suburb and announced that around 9,000 new homes would be built in the area over the next five years.Close
Metrics i HOUSE UNIT
$800,500 N/A
3.16% N/A
2.63% N/A
-1.55% N/A
$570 N/A
66 N/A
3.70% N/A
76.08 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2383
Median household income ($/weekly) 1040
Median age of persons 40
Median housing loan repayment ($/monthly) 2084
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 328 13.8
    35-44 years 267 11.2
    45-54 years 315 13.2
    55-64 years 323 13.6
    65-74 years 263 11.0
    Others 887 37.2
    Age Group
    Census Count Percent(%)
    Registered Married 889 51.6
    Not Married 763 44.3
    Defacto Relationship 71 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1533 71.0
    Croatia 80 3.7
    Japan 143 6.6
    United Kingdom 69 3.2
    Other 71 3.3
    Others 263 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 2.1
    Christianity 1673 79.3
    Hinduism 11 0.5
    Islam 113 5.4
    No Religion 260 12.3
    Others 8 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 9.9
    $400-$599 73 11.0
    $600-$799 70 10.5
    $1,500-$1,999 73 11.0
    $2,000-$2,499 70 10.5
    Others 313 47.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 724 41.8
    Employed, worked full-time 623 36.0
    Employed, worked part-time 271 15.7
    Employed, away from work 61 3.5
    Unemployed, looking for work 52 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 173 18.1
    Professionals 102 10.7
    Technicians & trades workers 182 19.0
    Clerical & administrative workers 138 14.4
    Machinery operators & drivers 109 11.4
    Others 253 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 34 6.7
    Infants/Primary 211 41.5
    Secondary 132 26.0
    Technical or Further Educational Institution 61 12.0
    University or other Tertiary Institutions 63 12.4
    Others 7 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2010 92.8
    Caravan, cabin, houseboat 132 6.1
    Semi-detached, row or terrace house, townhouse 16 0.7
    Flat, unit or apartment 4 0.2
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 377 52.7
    Rented 196 27.4
    Being purchased 134 18.7
    Other tenure type 8 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals