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%.