Suburb Profile Report for Leichhardt NSW (2040)

Leichhardt House: Median price $1,585,000, Annual capital growth 9.71%, Number of sales 173, Weekly median advertised rent $800

Leichhardt Unit: Median price $970,000, Annual capital growth 8.29%, Number of sales 82, Weekly median advertised rent $620

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Leichhardt have tracked higher than the NSW average of 11.67% over the last 12 months.

Comparing Leichhardt,2040 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Leichhardt is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 77th in terms of most discounted suburbs in NSW

With the median price for a house in Leichhardt being $1585000 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 2.62%

Over the last year, property investments in Leichhardt, 2040 have given investors a capital gain of 21.25%. This compares very favourably with the 8.39% for NSW as a whole.

A 60.33% growth in median value for property investors in Leichhardt,2040 puts this suburb at number 20th in terms of best performing suburbs in NSW

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 Leichhardt, 2040. Typically our figures indicate that -3.88% is being offered, which puts this NSW suburb at 179th most discounted overall in Australia.

At number 137 in a list of fastest selling suburbs, Leichhardt is in the TOP 40% of suburbs in Australia with an average of days on market 35.92 for properties listed there.

Advertised rents are around the $620 mark per week – giving a return of 3.32% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,585,000 $970,000
2.92% 12.01%
19.42% 21.25%
9.71% 8.29%
$800 $620
173 82
2.62% 3.32%
49.28 35.92

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 13519
Median household income ($/weekly) 1924
Median age of persons 36
Median housing loan repayment ($/monthly) 2817
Average household size 2.3
  • Census Count Percent(%)
    0-4 years 1202 8.9
    25-34 years 2734 20.2
    35-44 years 2938 21.7
    45-54 years 1626 12.0
    55-64 years 1272 9.4
    Others 3748 27.7
    Age Group
    Census Count Percent(%)
    Not Married 4440 44.3
    Registered Married 4035 40.2
    Defacto Relationship 1551 15.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8789 68.7
    Japan 507 4.0
    Papua New Guinea 433 3.4
    United Kingdom 836 6.5
    Other 724 5.7
    Others 1500 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 302 2.5
    Christianity 7079 57.6
    Hinduism 94 0.8
    Islam 128 1.0
    No Religion 4525 36.8
    Others 170 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 596 12.0
    $2,000-$2,499 434 8.7
    $2,500-$2,999 720 14.5
    $3,000-$3,499 448 9.0
    $4,000 or more 539 10.8
    Others 2238 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5455 51.6
    Not in the labour force 2487 23.5
    Employed, worked part-time 1915 18.1
    Employed, away from work 398 3.8
    Unemployed, looking for work 321 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 1418 18.2
    Professionals 2980 38.4
    Technicians & trades workers 600 7.7
    Community & personal service workers 598 7.7
    Clerical & administrative workers 1092 14.1
    Others 1082 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 244 8.8
    Infants/Primary 764 27.5
    Secondary 368 13.3
    Technical or Further Educational Institution 313 11.3
    University or other Tertiary Institutions 959 34.6
    Others 127 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5712 46.1
    Semi-detached, row or terrace house, townhouse 4337 35.0
    Flat, unit or apartment 2237 18.1
    House or flat attached to a shop, office 99 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2165 40.6
    Being purchased 1907 35.8
    Fully owned 1243 23.3
    Other tenure type 18 0.3
    Tenure Type
Census 2011, ABS
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