Leanyer is an average performer in NT when comparing median price capital growth over the last year. Leanyer gave property investors a good capital gain figure when compared to the rest of the state, with -3.45%.
Across a shorter period, Leanyer, 0812 has seen a median price increase of -0.67% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Leanyer, 0812. Typically our figures indicate that -6.38% is being offered, which puts this NT suburb at 1434th most discounted overall in Australia.
At number 2641 in a list of fastest selling suburbs, Leanyer is in the bottom 40% of suburbs in Australia with an average of days on market 97.7 for properties listed there.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 3.24%, investors should hope to achieve an overall return of 4.83%
Over the last year, property investments in Leanyer, 0812 have given investors a capital gain of 2.53%. This compares favourably with the -1.81% for NT as a whole.
Taking the average capital gain, or increase in median house value, Leanyer,0812 has racked up an average of 2.53% over the period. This ranks it number 1401th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Leanyer is offering property investors an average of -8.50. This rate of discount on properties puts Suburb at number 10th in terms of most discounted suburbs in NT
At number 1179 in a list of fastest selling suburbs, Leanyer is in the bottom 30% of suburbs in Australia with an average of days on market 104.2 for properties listed there.