At number 2539th in the list of Australian suburbs ordered by increase in median house value over the last year, St Leonards, 7250 is in the BOTTOM 40% with a property value increase of 2.22% recorded in median house prices.
While St Leonards,7250 ranked number 153th in TAS for increase in median house value (annualised) increase, it is ranked 109th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that St Leonards is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in TAS
A $275 per week rent on the median house gives suburb investors a gross yield of circa 6.22%, without taking into account capital value appreciation, which has been averaging out at 2.09%.