Property investors who have had real estate in Leura, 2780 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 11.68%
Leura,2780 was ranked 831 in Australia by increase in median property value over the quarter.
Vendor discounting in Leura is giving property investors an average Vendor Discount of around -5.49%. This puts suburb at number 534th in NSW when ranking the most discounted suburbs.
With the median price for a house in Leura being $680000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.44%
Leura is in the TOP 10% in NSW when comparing median price capital growth over the last year. Leura gave property investors a very good capital gain figure when compared to the rest of the state, with 25.48%.
Taking the average capital gain, or increase in median house value, Leura,2780 has racked up an average of 25.48% over the period. This ranks it number 117th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Leura are currently offering property investors an average price cut of -2.98% below the asking price at the moment.