Suburb Profile Report for Leumeah NSW (2560)

Leumeah House: Median price $565,000, Annual capital growth 7.49%, Number of sales 153, Weekly median advertised rent $400

Leumeah Unit: Median price $400,000, Annual capital growth 8.47%, Number of sales 57, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Leumeah, 2560 ranked 839th in NSW when comparing growth in median property values or capital gain over the last 12 months. Leumeah 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 Leumeah has increased when compared to the 5 year average annual rate.

Vendor discounting in Leumeah is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 524th in NSW when ranking the most discounted suburbs.

In the last year 153 properties changed hands in Leumeah, which puts it as the 115th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Over the last year, property investments in Leumeah, 2560 have given investors a capital gain of 8.11%. This compares favourably with the 5.41% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leumeah has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Leumeah, 2560. Typically our figures indicate that -5.08% is being offered, which puts this NSW suburb at 762th most discounted overall in Australia.

At number 135 in a list of fastest selling suburbs, Leumeah is in the TOP 10% of suburbs in Australia with an average of days on market 43.64 for properties listed there.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 8.47%.

HOUSE UNIT
$565,000 $400,000
2.73% 1.27%
4.63% 8.11%
7.49% 8.47%
$400 $330
153 57
3.68% 4.29%
48.47 43.64

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 9418
Median household income ($/weekly) 1144
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1162 12.3
    25-34 years 1518 16.1
    35-44 years 1181 12.5
    45-54 years 1225 13.0
    55-64 years 1291 13.7
    Others 3041 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 3304 46.8
    Not Married 3137 44.4
    Defacto Relationship 624 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 6378 71.7
    Papua New Guinea 253 2.8
    Philippines 233 2.6
    United Kingdom 489 5.5
    Other 556 6.3
    Others 985 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 134 1.5
    Christianity 6436 74.0
    Hinduism 275 3.2
    Islam 425 4.9
    No Religion 1333 15.3
    Others 96 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 334 10.7
    $600-$799 308 9.9
    $1,000-$1,249 324 10.4
    $1,500-$1,999 421 13.5
    $2,000-$2,499 320 10.2
    Others 1419 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2919 40.7
    Not in the labour force 2512 35.0
    Employed, worked part-time 1157 16.1
    Unemployed, looking for work 327 4.6
    Employed, away from work 256 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 626 14.5
    Technicians & trades workers 661 15.3
    Clerical & administrative workers 776 17.9
    Sales 464 10.7
    Machinery operators & drivers 467 10.8
    Others 1338 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 171 8.3
    Infants/Primary 739 35.8
    Secondary 534 25.9
    Technical or Further Educational Institution 268 13.0
    University or other Tertiary Institutions 276 13.4
    Others 74 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7485 83.2
    Semi-detached, row or terrace house, townhouse 1091 12.1
    Flat, unit or apartment 409 4.5
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1271 38.1
    Rented 1113 33.4
    Fully owned 940 28.2
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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