Property value increases in Leanyer have tracked just higher than the NT average of -5.23% over the last 12 months.
Over the longer term, Leanyer has seen property prices show investors a -13.39% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Leanyer is $550000, with sellers offering an average of -6.62% off the asking price.
Residents and property investors in Leanyer have been waiting around 109.18 days to sell a property.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 2.99%, investors should hope to achieve an overall return of 4.92%
If you compare the increase in value of investment property in Leanyer, 0812 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -3.23%.
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.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.16% offered to property buyers. Sellers in Leanyer itself are offering an average vendor discount of -7.14% to real estate investors.
Leanyer, 0812’s gross rental yield is 5.13%