If you compare the increase in value of investment property in Leonay, 2750 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.34%.
Over the longer term, Leonay has seen property prices show investors a 32.59% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Leonay should be aiming for at least -4.66% off the asking price, which is the average vendor discount being achieved at the moment.
Leonay, 2750’s gross rental yield is 3.89%