At number 3902th in the list of Australian suburbs ordered by increase in median house value over the last year, Leabrook, 5068 is in the BOTTOM 10% with a property value increase of -11.66% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Leabrook comes in at number 163th in SA.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Situated 5.14km from the CBD, Leabrook is one of Burnside localities in the postcode 5068.
Property investors who have had real estate in Leabrook, 5068 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.36%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leabrook has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Leabrook are currently offering property investors an average price cut of -5.97% below the asking price at the moment.
Often selling an investment property can take time, and in Leabrook the average time real estate has been on the market is 50.2 days.