Property value increases in Leumeah have tracked just lower than the NSW average of 9.74% over the last 12 months.
Leumeah,2560 was ranked 2104 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.46% to buyers in Leumeah at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 11.92 sales per month, which equates to 143 per year.
Advertised rents are around the $410 mark per week – giving a return of 3.61% based on the median price in Suburb
Over the last year, property investments in Leumeah, 2560 have given investors a capital gain of 4.25%. This compares averagely with the 6.96% for NSW as a whole.
Leumeah,2560 has offered an average of 4.25% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Leumeah are currently offering property investors an average price cut of -3.69% below the asking price at the moment.
At number 140 in a list of fastest selling suburbs, Leumeah is in the TOP 10% of suburbs in Australia with an average of days on market 40.32 for properties listed there.
Property investors should expect to get $340 weekly from the median priced house in this suburb.