NSW has seen average median house prices change by -0.66% which means that Leumeah, 2560 has not done well for property investors by showing a capital gain of -6.20% over the last year
Over the longer term, Leumeah has seen property prices show investors a 10.00% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.00% offered to property buyers. Sellers in Leumeah itself are offering an average vendor discount of -8.76% to real estate investors.
Residents and property investors in Leumeah have been waiting around 58.6082 days to sell a property.
Leumeah, 2560’s gross rental yield is 3.44%
With a capital gain of -11.02% for the last 12 months, Leumeah, 2560 has performed for property investments than its average annual 6.30% property growth over the last 5 years.
While Leumeah,2560 ranked number 519th in NSW for increase in median house value (annualised) increase, it is ranked 233th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.52% offered to property buyers. Sellers in Leumeah itself are offering an average vendor discount of -7.77% to real estate investors.
At number 493 in a list of fastest selling suburbs, Leumeah is in the TOP 40% of suburbs in Australia with an average of days on market 63.5417 for properties listed there.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.30%, investors should hope to achieve an overall return of 4.65%