Suburb Profile Report for Leumeah NSW (2560)

Leumeah House: Median price $620,000, Annual capital growth 8.44%, Number of sales 156, Weekly median advertised rent $400

Leumeah Unit: Median price $415,000, Annual capital growth 7.59%, Number of sales 39, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

NSW has seen average median house prices change by 1.39% which means that Leumeah, 2560 has done well for property investors by showing a capital gain of 0.00% over the last year

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.

LACK OF BUYER INTEREST may well be the reason that Leumeah is offering property investors an average of -7.36. This rate of discount on properties puts Suburb at number 333th in terms of most discounted suburbs in NSW

Residents and property investors in Leumeah have been waiting around 56.88 days to sell a property.

With the median price for a house in Leumeah being $626500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.40%

NSW has seen average median house prices change by 0.24% which means that Leumeah, 2560 has done well for property investors by showing a capital gain of 1.78% over the last year

If we look at median property appreciation over just the last three months, Leumeah has given property investors a paper return of -1.15%. This puts Suburb as 350 on a list of fastest fasting appreciating 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 Leumeah, 2560. Typically our figures indicate that -10.66% is being offered, which puts this NSW suburb at 156th most discounted overall in Australia.

With the median price for a house in Leumeah being $430000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.11%

Metrics i HOUSE UNIT
$620,000 $415,000
-1.59% -3.49%
-1.12% -2.92%
8.44% 7.59%
$400 $340
156 39
3.35% 4.26%
60.16981 46.32

Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9418
Median household income ($/weekly) 1144
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1162 12.3
    25-34 years 1518 16.1
    35-44 years 1181 12.5
    45-54 years 1225 13.0
    55-64 years 1291 13.7
    Others 3041 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 3304 46.8
    Not Married 3137 44.4
    Defacto Relationship 624 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 6378 71.7
    Papua New Guinea 253 2.8
    Philippines 233 2.6
    United Kingdom 489 5.5
    Other 556 6.3
    Others 985 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 134 1.5
    Christianity 6436 74.0
    Hinduism 275 3.2
    Islam 425 4.9
    No Religion 1333 15.3
    Others 96 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 334 10.7
    $600-$799 308 9.9
    $1,000-$1,249 324 10.4
    $1,500-$1,999 421 13.5
    $2,000-$2,499 320 10.2
    Others 1419 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2919 40.7
    Not in the labour force 2512 35.0
    Employed, worked part-time 1157 16.1
    Unemployed, looking for work 327 4.6
    Employed, away from work 256 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 626 14.5
    Technicians & trades workers 661 15.3
    Clerical & administrative workers 776 17.9
    Sales 464 10.7
    Machinery operators & drivers 467 10.8
    Others 1338 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 171 8.3
    Infants/Primary 739 35.8
    Secondary 534 25.9
    Technical or Further Educational Institution 268 13.0
    University or other Tertiary Institutions 276 13.4
    Others 74 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7485 83.2
    Semi-detached, row or terrace house, townhouse 1091 12.1
    Flat, unit or apartment 409 4.5
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1271 38.1
    Rented 1113 33.4
    Fully owned 940 28.2
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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