Property value increases in Leura have tracked close to the NSW average of 7.15% over the last 12 months.
If we look at median property appreciation over just the last three months, Leura has given property investors a paper return of 4.32%. This puts Suburb as 229 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Leura is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 577th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Leura the average time real estate has been on the market is 71.77 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.59%, without taking into account capital value appreciation, which has been averaging out at 3.98%.
At number 67th in the list of Australian suburbs ordered by increase in median house value over the last year, Leura, 2780 is in the top 10% with a property value increase of 23.77% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Leura comes in at number 429th in NSW.
Leura is 73th on a list of best yielding suburbs for rents in NSW with a 5.36% return