Investment property in Leumeah 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 -8.53%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leumeah has increased when compared to the 5 year average annual rate.
Vendor discounting in Leumeah is giving property investors an average Vendor Discount of around -9.18%. This puts suburb at number 136th in NSW when ranking the most discounted suburbs.
Property value increases in Leumeah have tracked lower than the NSW average of -3.67% over the last 12 months.
A 31.40% growth in median value for property investors in Leumeah,2560 puts this suburb at number 269th in terms of best performing suburbs in NSW
Vendor discounting in Leumeah is giving property investors an average Vendor Discount of around -9.52%. This puts suburb at number 25th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Leumeah the average time real estate has been on the market is 73.8462 days.
With the median price for a house in Leumeah being $385000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.59%