Suburb Profile Report for Leumeah NSW (2560)

Leumeah House: Median price $616,000, Annual capital growth 8.92%, Number of sales 142, Weekly median advertised rent $400

Leumeah Unit: Median price $420,000, Annual capital growth 8.62%, Number of sales 53, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Leumeah, 2560 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.00%.

The five-year average increase in median property values for Leumeah,2560 has given property investors a potential capital gain of 87.80% across each of those five years.

The most recent median price for Leumeah is $616000, with sellers offering an average of -4.68% 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 25.66 days.

With the median price for a house in Leumeah being $616000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.38%

Leumeah has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.33% to date .

Taking the average capital gain, or increase in median house value, Leumeah,2560 has racked up an average of 6.33% over the period. This ranks it number 224th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Leumeah is offering property investors an average of -4.14. This rate of discount on properties puts Suburb at number 250th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$616,000 $420,000
2.50% 2.44%
12.00% 6.33%
8.92% 8.62%
$400 $350
142 53
3.38% 4.33%
25.66 36.25

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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