NSW has seen average median house prices change by 7.47% which means that Leumeah, 2560 has done well for property investors by showing a capital gain of 4.55% over the last year
Comparing Leumeah,2560 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Leumeah are currently offering property investors an average price cut of -5.65% below the asking price at the moment.
In the last year 149 properties changed hands in Leumeah, which puts it as the 126th most active market in NSW when comparing the number of sales per suburb.
Leumeah is 618th on a list of best yielding suburbs for rents in NSW with a 3.62% return
Leumeah has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.54% to date .
The five-year average increase in median property values for Leumeah,2560 has given property investors a potential capital gain of 73.91% across each of those five years.
At number 75th of NSW’s most discounted properties, Leumeah is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 8.00%, investors should hope to achieve an overall return of 4.42%