With a capital gain of -5.41% for the last 12 months, Leanyer, 0812 has performed for property investments than its average annual 1.81% property growth over the last 5 years.
While Leanyer,0812 ranked number 31th in NT for increase in median house value (annualised) increase, it is ranked 30th over the last 5 years.
The most recent median price for Leanyer is $525000, with sellers offering an average of -6.32% off the asking price.
Property investors should expect to get $495 weekly from the median priced house in this suburb.
Leanyer has had a very poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -22.97% to date .
While Leanyer,0812 ranked number 17th in NT for increase in median house value (annualised) increase, it is ranked 14th over the last 5 years.
The most recent median price for Leanyer is $285000, with sellers offering an average of -12.07% off the asking price.
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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.