Suburb Profile Report for Leura NSW (2780)

Leura House: Median price $725,000, Annual capital growth 5.75%, Number of sales 124, Weekly median advertised rent $450

Leura Unit: Median price $499,500, Annual capital growth 6.76%, Number of sales 21, Weekly median advertised rent $460

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Leura, 2780 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.47%.

Across a shorter period, Leura, 2780 has seen a median price increase of 5.84% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Leura itself are offering an average vendor discount of -5.50% to real estate investors.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Leura, 2780 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.16%.

Over the longer term, Leura has seen property prices show investors a 63.77% return over the last 3 years. This is worse than over the last 12 months

In the last year 21 properties changed hands in Leura, which puts it as the 448th most active market in NSW when comparing the number of sales per suburb.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 6.76%.

Metrics i HOUSE UNIT
$725,000 $499,500
5.84% -6.64%
16.47% 1.16%
5.75% 6.76%
$450 $460
124 21
3.23% 4.79%
69.8 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4363
Median household income ($/weekly) 1016
Median age of persons 51
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 434 9.9
    35-44 years 476 10.9
    45-54 years 615 14.1
    55-64 years 773 17.7
    65-74 years 612 14.0
    Others 1455 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 1360 47.2
    Not Married 1221 42.4
    Defacto Relationship 302 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2882 75.0
    Greece 44 1.1
    Papua New Guinea 86 2.2
    United Kingdom 359 9.3
    Other 129 3.4
    Others 343 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 129 3.5
    Christianity 2171 59.5
    Hinduism 32 0.9
    Other Religious Groups 41 1.1
    No Religion 1234 33.8
    Others 40 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 145 9.8
    $400-$599 188 12.7
    $600-$799 152 10.2
    $800-$999 146 9.8
    $1,500-$1,999 143 9.6
    Others 709 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1596 47.0
    Employed, worked full-time 928 27.3
    Employed, worked part-time 657 19.3
    Employed, away from work 118 3.5
    Unemployed, looking for work 98 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 239 14.0
    Professionals 554 32.5
    Technicians & trades workers 195 11.4
    Community & personal service workers 195 11.4
    Clerical & administrative workers 203 11.9
    Others 321 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 50 5.7
    Infants/Primary 271 31.1
    Secondary 204 23.4
    Technical or Further Educational Institution 94 10.8
    University or other Tertiary Institutions 214 24.5
    Others 39 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2787 79.3
    Semi-detached, row or terrace house, townhouse 629 17.9
    Flat, unit or apartment 100 2.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 681 42.9
    Being purchased 501 31.6
    Rented 368 23.2
    Other tenure type 36 2.3
    Tenure Type
Census 2011, ABS
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