WA has seen average median house prices change by -4.99% which means that Leederville, 6007 has not done well for property investors by showing a capital gain of -9.69% over the last year
While Leederville,6007 ranked number 377th in WA for increase in median house value (annualised) increase, it is ranked 268th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Leederville, 6007. Typically our figures indicate that -4.84% is being offered, which puts this WA suburb at 2675th most discounted overall in Australia.
On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.
With the median price for a house in Leederville being $803750 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.23%
Leederville has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -12.82% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leederville has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Leederville is giving property investors an average Vendor Discount of around -5.26%. This puts suburb at number 95th in WA when ranking the most discounted suburbs.
Residents and property investors in Leederville have been waiting around 57 days to sell a property.
Property investors should expect to get $425 weekly from the median priced house in this suburb.