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.