Suburb Profile Report for Leanyer NT (0812)

Leanyer House: Median price $550,000, Annual capital growth 2.66%, Number of sales 46, Weekly median advertised rent $518

Leanyer Unit: Median price $350,000, Annual capital growth 1.85%, Number of sales 20, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Leanyer has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.79%

Comparing Leanyer,0812 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in Leanyer should be aiming for at least -7.98% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $517.5 and the average annual increase in value of a median property of 2.66%, investors should hope to achieve an overall return of 4.89%

At number 1611th in the list of Australian suburbs ordered by increase in median house value over the last year, Leanyer, 0812 is in the BOTTOM 10% with a property value increase of -12.50% recorded in median house prices.

The five-year average increase in median property values for Leanyer,0812 has given property investors a potential capital gain of -13.31% across each of those five years.

Leanyer, 0812 is offering NT ‘s 9th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NT.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 1.85%.

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January 2018

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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

Leanyer, NT – Unit stock increases while houses fall

Postcode: 0812

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
Metrics i HOUSE UNIT
$550,000 $350,000
0.00% -2.78%
-1.79% -12.50%
2.66% 1.85%
$518 $350
46 20
4.89% 5.20%
97.84 104.11

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Leanyer NT
Demographics
Total population 4691
Median household income ($/weekly) 1923
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 649 13.8
    25-34 years 706 15.1
    35-44 years 703 15.0
    45-54 years 781 16.6
    55-64 years 533 11.4
    Others 1319 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 1477 46.8
    Not Married 1284 40.7
    Defacto Relationship 394 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2983 71.8
    Papua New Guinea 88 2.1
    Philippines 135 3.2
    United Kingdom 166 4.0
    Other 307 7.4
    Others 478 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 158 4.0
    Christianity 2498 62.5
    Hinduism 52 1.3
    Islam 56 1.4
    No Religion 1188 29.7
    Others 42 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 112 8.6
    $1,500-$1,999 212 16.3
    $2,000-$2,499 178 13.7
    $2,500-$2,999 165 12.7
    $3,000-$3,499 124 9.5
    Others 509 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1828 55.0
    Not in the labour force 697 21.0
    Employed, worked part-time 543 16.4
    Employed, away from work 181 5.5
    Unemployed, looking for work 72 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 327 12.8
    Professionals 522 20.5
    Technicians & trades workers 426 16.7
    Community & personal service workers 259 10.2
    Clerical & administrative workers 457 17.9
    Others 558 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 69 6.4
    Infants/Primary 367 34.0
    Secondary 334 30.9
    Technical or Further Educational Institution 72 6.7
    University or other Tertiary Institutions 211 19.5
    Others 27 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3316 80.1
    Semi-detached, row or terrace house, townhouse 684 16.5
    Flat, unit or apartment 141 3.4
    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 558 39.9
    Rented 485 34.7
    Fully owned 351 25.1
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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