Suburb Profile Report for Leneva VIC (3691)

Leneva House: Median price $374,000, Annual capital growth -0.73%, Number of sales 14, Weekly median advertised rent $405

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 2665th in the list of Australian suburbs ordered by increase in median house value over the last year, Leneva, 3691 is in the BOTTOM 40% with a property value increase of 2.47% recorded in median house prices.

While Leneva,3691 ranked number 593th in VIC for increase in median house value (annualised) increase, it is ranked 601th over the last 5 years.

Property investors looking for a bargain in Leneva should be aiming for at least -4.89% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $405 mark per week – giving a return of 5.63% based on the median price in Suburb

Metrics i HOUSE UNIT
$374,000 N/A
-0.53% N/A
2.47% N/A
-0.73% N/A
$405 N/A
14 N/A
5.63% N/A
155.23 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1040
Median household income ($/weekly) 1583
Median age of persons 36
Median housing loan repayment ($/monthly) 1964
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 153 14.7
    25-34 years 166 15.9
    35-44 years 153 14.7
    45-54 years 101 9.7
    55-64 years 104 10.0
    Others 364 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 376 59.2
    Not Married 178 28.0
    Defacto Relationship 81 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 930 92.4
    Greece 13 1.3
    Papua New Guinea 7 0.7
    United Kingdom 23 2.3
    Other 13 1.3
    Others 21 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 738 74.7
    No Religion 237 24.0
    Hinduism 6 0.6
    Other Religious Groups 4 0.4
    Buddhism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 19 7.0
    $1,250-$1,499 33 12.2
    $1,500-$1,999 39 14.4
    $2,000-$2,499 51 18.9
    $2,500-$2,999 33 12.2
    Others 95 35.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 336 43.5
    Not in the labour force 256 33.2
    Employed, worked part-time 129 16.7
    Employed, away from work 30 3.9
    Unemployed, looking for work 21 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 68 13.7
    Professionals 103 20.8
    Technicians & trades workers 91 18.3
    Community & personal service workers 50 10.1
    Clerical & administrative workers 68 13.7
    Others 116 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 25 9.1
    Infants/Primary 111 40.2
    Secondary 66 23.9
    Technical or Further Educational Institution 35 12.7
    University or other Tertiary Institutions 29 10.5
    Others 10 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 871 98.0
    Semi-detached, row or terrace house, townhouse 18 2.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 177 57.7
    Rented 63 20.5
    Fully owned 60 19.5
    Other tenure type 7 2.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals