Suburb Profile Report for Leeton NSW (2705)

Leeton House: Median price $255,000, Annual capital growth 3.50%, Number of sales 153, Weekly median advertised rent $260

Leeton Unit: Median price $183,500, Annual capital growth 5.15%, Number of sales 37, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Leeton, 2705 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 13.33%

The five-year average increase in median property values for Leeton,2705 has given property investors a potential capital gain of 25.77% across each of those five years.

Property investors looking for a bargain in Leeton should be aiming for at least -5.91% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $260 mark per week – giving a return of 5.30% based on the median price in Suburb

Leeton, 2705 ranked 511th in NSW when comparing growth in median property values or capital gain over the last 12 months. Leeton is one of 3163 in our list for NSW

Taking the average capital gain, or increase in median house value, Leeton,2705 has racked up an average of -5.41% over the period. This ranks it number 476th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Leeton are currently offering property investors an average price cut of -3.96% below the asking price at the moment.

A $215 per week rent on the median house gives suburb investors a gross yield of circa 6.09%, without taking into account capital value appreciation, which has been averaging out at 5.15%.

Metrics i HOUSE UNIT
$255,000 $183,500
6.92% -3.42%
13.33% -5.41%
3.50% 5.15%
$260 $215
153 37
5.30% 6.09%
129.63 140.72

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 8414
Median household income ($/weekly) 977
Median age of persons 37
Median housing loan repayment ($/monthly) 1333
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1356 16.1
    25-34 years 881 10.5
    35-44 years 1046 12.4
    45-54 years 1176 14.0
    55-64 years 900 10.7
    Others 3055 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 2850 51.1
    Not Married 2202 39.5
    Defacto Relationship 520 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7217 92.4
    Japan 177 2.3
    Papua New Guinea 75 1.0
    United Kingdom 105 1.3
    Other 69 0.9
    Others 167 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.3
    Christianity 6690 86.8
    Islam 26 0.3
    Other Religious Groups 56 0.7
    No Religion 900 11.7
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 367 13.8
    $600-$799 322 12.1
    $800-$999 253 9.5
    $1,000-$1,249 258 9.7
    $1,500-$1,999 336 12.6
    Others 1127 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2367 39.5
    Not in the labour force 2244 37.4
    Employed, worked part-time 1009 16.8
    Employed, away from work 229 3.8
    Unemployed, looking for work 149 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 509 14.1
    Professionals 505 14.0
    Technicians & trades workers 545 15.1
    Clerical & administrative workers 465 12.9
    Labourers 647 18.0
    Others 930 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 142 7.1
    Infants/Primary 777 38.9
    Secondary 740 37.1
    Technical or Further Educational Institution 201 10.1
    University or other Tertiary Institutions 112 5.6
    Others 25 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6840 91.4
    Semi-detached, row or terrace house, townhouse 233 3.1
    Flat, unit or apartment 349 4.7
    Caravan, cabin, houseboat 24 0.3
    House or flat attached to a shop, office 31 0.4
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1068 37.0
    Being purchased 958 33.2
    Rented 845 29.3
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals