Property investors who have had real estate in Leumeah, 2560 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.24%
The five-year average increase in median property values for Leumeah,2560 has given property investors a potential capital gain of 72.96% across each of those five years.
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 -5.02% is being offered, which puts this NSW suburb at 2493th most discounted overall in Australia.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.21%, investors should hope to achieve an overall return of 3.88%
Giving property investors a a solid capital gain of 18.94% for the last year, Leumeah, 2560 is the 146th highest performer in Australia in this respect.
Across a shorter period, Leumeah, 2560 has seen a median price increase of 3.29% over the last quarter.
Vendor discounting in Leumeah is giving property investors an average Vendor Discount of around -5.06%. This puts suburb at number 132th in NSW when ranking the most discounted suburbs.
In the last year 60 properties changed hands in Leumeah, which puts it as the 221th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $330 mark per week – giving a return of 4.37% based on the median price in Suburb