Property value increases in Leumeah have tracked close to the NSW average of 1.14% over the last 12 months.
While Leumeah,2560 ranked number 684th in NSW for increase in median house value (annualised) increase, it is ranked 542th over the last 5 years.
Property buyers and investors in Leumeah 2560 should be seeing an average reduction in asking price of around -6.34% . This means that Leumeah is holding prices well when compared to other suburbs in NSW.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.31%, without taking into account capital value appreciation, which has been averaging out at 6.51%.
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 -3.21%
Leumeah,2560 has offered an average of -3.21% return per annum in house price rises to property investors over the last three years.
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 -6.81% is being offered, which puts this NSW suburb at 292th most discounted overall in Australia.