Investment property in Leumeah has done 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 -11.34%
While Leumeah,2560 ranked number 1066th in NSW for increase in median house value (annualised) increase, it is ranked 400th over the last 5 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 -9.08% is being offered, which puts this NSW suburb at 480th most discounted overall in Australia.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.55%, investors should hope to achieve an overall return of 3.60%
NSW has seen average median house prices change by -4.02% which means that Leumeah, 2560 has not done well for property investors by showing a capital gain of -15.47% 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 -4.97%. This puts Suburb as 422 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Leumeah should be aiming for at least -10.86% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Leumeah, 2560 is in the Campbelltown (C) (NSW) local government area.