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 -11.18%
While Leabrook,5068 ranked number 84th in SA for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.
Situated 5.18km from the CBD, Leabrook is one of Burnside localities in the postcode 5068.
Property value increases in Leabrook have tracked lower than the SA average of 4.44% over the last 12 months.
Leabrook,5068 was ranked 890 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Leabrook is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in SA
A $292.5 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 7.30%.