With a capital gain of -2.44% for the last 12 months, Leanyer, 0812 has performed for property investments than its average annual 2.62% property growth over the last 5 years.
A -5.17% growth in median value for property investors in Leanyer,0812 puts this suburb at number 25th in terms of best performing suburbs in NT
Our latest figures would indicate that property sellers in Leanyer are currently offering property investors an average price cut of -7.10% below the asking price at the moment.
Property investors should expect to get $520 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Leanyer, 0812 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -12.50%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leanyer has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Leanyer should be aiming for at least -9.81% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Leanyer the average time real estate has been on the market is 131.6 days.
Leanyer is 19th on a list of best yielding suburbs for rents in NT with a 5.35% return
About 14km north of the Darwin CBD, the suburb of Leanyer recorded an interesting trend in its dwelling stock movements, with housing supply dropping by more than half while that of units roseFull summary
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Leanyer, NT – Unit stock increases while houses fall
Median unit price: $375,000
Stock on market: -20.5%
12-month growth: -3.2%
About 14km north of the Darwin CBD, the suburb of Leanyer recorded an interesting trend in its dwelling stock movements, with housing supply dropping by more than half while that of units rose.
The number of apartments listed as of November 2017 reached 20, up from 11 in the previous year. Unfortunately, its negative growth trend has continued on, with values slipping by 3.2% to a median of $375,000.
Originally established as a military base and residential suburb, Leanyer is now home to several schools, including Leanyer Primary School and Good Shepherd Lutheran College. There are also excellent recreation spots in the suburb, including Casuarina Coastal Reserve, a beach, a nature park, a water park, a shopping hub and a social club.Close