Suburb Profile Report for Leeton NSW (2705)

Leeton House: Median price $238,000, Annual capital growth 3.29%, Number of sales 149, Weekly median advertised rent $250

Leeton Unit: Median price $182,000, Annual capital growth 3.56%, Number of sales 36, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

Leeton has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.78% to date .

Over the longer term, Leeton has seen property prices show investors a 22.05% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Leeton is $238000, with sellers offering an average of -6.32% off the asking price.

In the last year 149 properties changed hands in Leeton, which puts it as the 121th most active market in NSW when comparing the number of sales per suburb.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.46%, without taking into account capital value appreciation, which has been averaging out at 3.29%.

Property value increases in Leeton have tracked just higher than the NSW average of 5.73% over the last 12 months.

Leeton,2705 has offered an average of 8.98% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Leeton is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 397th in terms of most discounted suburbs in NSW

Advertised rents are around the $225 mark per week – giving a return of 6.43% based on the median price in Suburb

Metrics i HOUSE UNIT
$238,000 $182,000
0.21% 4.30%
5.78% 8.98%
3.29% 3.56%
$250 $225
149 36
5.46% 6.43%
148.03 139.8

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