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