With a capital gain of 7.61% for the last 12 months, St Leonards, 3223 has performed for property investments than its average annual 5.65% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, St Leonards,3223 has racked up an average of 7.61% over the period. This ranks it number 1686th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in St Leonards itself are offering an average vendor discount of -5.80% to real estate investors.
Situated 46.22km from the CBD, St Leonards is one of Greater Geelong localities in the postcode 3223.
Over the last year, property investments in St Leonards, 3223 have given investors a capital gain of -11.72%. This compares very badly with the 5.66% for VIC as a whole.
Over the longer term, St Leonards has seen property prices show investors a -9.38% return over the last 3 years. This is worse than over the last 12 months
St Leonards3223 is located in VIC which offers an average discount of -4.68% to property investors. St Leonards itself is showing figures that indicate -6.79% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Property investors should expect to get $285 weekly from the median priced house in this suburb.