NSW has seen average median house prices change by 7.93% which means that Leumeah, 2560 has done well for property investors by showing a capital gain of 10.00% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Leumeah comes in at number 221th in NSW.
The most recent median price for Leumeah is $550000, with sellers offering an average of -5.07% off the asking price.
Often selling an investment property can take time, and in Leumeah the average time real estate has been on the market is 47.25 days.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 7.14%.
At number 153th in the list of Australian suburbs ordered by increase in median house value over the last year, Leumeah, 2560 is in the top 10% with a property value increase of 17.91% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Leumeah,2560 has racked up an average of 17.91% over the period. This ranks it number 39th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Leumeah 2560 should be seeing an average reduction in asking price of around -5.23% . This means that Leumeah is holding prices well when compared to other suburbs in NSW.
Property investors should expect to get $340 weekly from the median priced house in this suburb.