If you compare the increase in value of investment property in Leanyer, 0812 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -5.39%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leanyer has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Leanyer should be aiming for at least -6.18% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Leanyer have been waiting around 94.34 days to sell a property.
Leanyer, 0812’s gross rental yield is 4.98%
With a capital gain of -4.85% for the last 12 months, Leanyer, 0812 has performed for property investments than its average annual 4.88% property growth over the last 5 years.
The five-year average increase in median property values for Leanyer,0812 has given property investors a potential capital gain of -3.33% across each of those five years.
Leanyer, 0812 is offering NT ‘s 9th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NT.
Often selling an investment property can take time, and in Leanyer the average time real estate has been on the market is 93.09 days.
Leanyer is 19th on a list of best yielding suburbs for rents in NT with a 5.03% return