Suburb Profile Report for Leeming WA (6149)

Leeming House: Median price $687,500, Annual capital growth 3.57%, Number of sales 111, Weekly median advertised rent $478

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

Source: CoreLogic

  • House Report
  • Expert Report

Leeming has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -7.72% to date .

Comparing Leeming,6149 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Leeming itself are offering an average vendor discount of -6.21% to real estate investors.

Leeming is 289th on a list of best yielding suburbs for rents in WA with a 3.61% return

Eric Nell	Information supplied by:

Eric Nell
Century 21

M 08 9313 9600
O 0414 473 821

W www.century21.com.au/cherr
E eric@cherrc21.com.au
Property value increases in Leeming have tracked just higher than the WA average of 5.14% over the last 12 months.

Taking the average capital gain, or increase in median house value, Leeming,6149 has racked up an average of 10.21% over the period. This ranks it number 1262th in the whole country for real estate investors looking at median house price increases.

Leeming6149 is located in WA which offers an average discount of -9.49% to property investors. Leeming itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 9.87%.Full summary
Property value increases in Leeming have tracked just higher than the WA average of 5.14% over the last 12 months.
 
Taking the average capital gain, or increase in median house value, Leeming,6149 has racked up an average of 10.21% over the period. This ranks it number 1262th in the whole country for real estate investors looking at median house price increases.
 
Leeming6149 is located in WA which offers an average discount of -9.49% to property investors. Leeming itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.
 
A $540 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 9.87%.
 
Selling points: 
Very stable family orientated suburb conveniently situated only 15 minutes from the CBD and easy access to the highways leading to the airport and Mandurah.
 
Most sought-after properties:
Family 4 bed 2 bathroom homes 
 
Most common properties:  
Family 4 bed 2 bathroom homes
 
Top amenities:
Melville glades private golf course, Leeming recreation centre with squash, gym, indoor sport facilities, Melville footy club, skate park, bowling, archery and driving range facilities as well.
 
Local industry and business:
Mainly local support businesses, light industrial area is in Jandakot 4km away
 
Public transport:
Buses through the central streets and Murdoch train station is only 3km down South Street
 
Main arteries:
Karel Avenue divides Leeming in half and Farrington / Beasley Road split these 2 halves.
Close
HOUSE UNIT
$687,500 N/A
-0.36% N/A
-7.72% N/A
3.57% N/A
$478 N/A
111 N/A
3.61% N/A
94.81 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Leeming WA
Demographics
Total population 11092
Median household income ($/weekly) 2121
Median age of persons 39
Median housing loan repayment ($/monthly) 1900
Average household size 3
  • Census Count Percent(%)
    5-14 years 1401 12.6
    25-34 years 1034 9.3
    35-44 years 1348 12.2
    45-54 years 1943 17.5
    55-64 years 1851 16.7
    Others 3516 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 4983 57.8
    Not Married 3191 37.0
    Defacto Relationship 453 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6914 63.9
    Malta 502 4.6
    South Africa 268 2.5
    United Kingdom 1266 11.7
    Other 417 3.9
    Others 1454 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 361 3.4
    Christianity 7013 67.0
    Hinduism 160 1.5
    Other Religious Groups 120 1.1
    No Religion 2700 25.8
    Others 113 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 400 12.3
    $2,000-$2,499 344 10.6
    $2,500-$2,999 533 16.4
    $3,000-$3,499 332 10.2
    $4,000 or more 298 9.2
    Others 1343 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3895 43.5
    Not in the labour force 2285 25.5
    Employed, worked part-time 2149 24.0
    Employed, away from work 371 4.1
    Unemployed, looking for work 248 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 867 13.5
    Professionals 1690 26.3
    Technicians & trades workers 823 12.8
    Clerical & administrative workers 1145 17.8
    Sales 609 9.5
    Others 1281 20.0
    Occupation
    Census Count Percent(%)
    Pre-school 154 5.2
    Infants/Primary 913 30.7
    Secondary 800 26.9
    Technical or Further Educational Institution 238 8.0
    University or other Tertiary Institutions 806 27.1
    Others 67 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10424 97.2
    Semi-detached, row or terrace house, townhouse 301 2.8
    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(%)
    Fully owned 1602 43.9
    Being purchased 1575 43.1
    Rented 465 12.7
    Other tenure type 9 0.2
    Tenure Type
Census 2011, ABS
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