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