Giving property investors a a stable capital gain of 10.53% for the last year, Leumeah, 2560 is the 1460th highest performer in Australia in this respect.
Across a shorter period, Leumeah, 2560 has seen a median price increase of 0.00% over the last quarter.
Our latest figures would indicate that property sellers in Leumeah are currently offering property investors an average price cut of -4.63% below the asking price at the moment.
In the last year 138 properties changed hands in Leumeah, which puts it as the 149th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Leumeah being $630000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.47%
If you compare the increase in value of investment property in Leumeah, 2560 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.50%.
Taking the average capital gain, or increase in median house value, Leumeah,2560 has racked up an average of 7.50% over the period. This ranks it number 229th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Leumeah is offering property investors an average of -4.44. This rate of discount on properties puts Suburb at number 257th in terms of most discounted suburbs in NSW
At number 106 in a list of fastest selling suburbs, Leumeah is in the TOP 10% of suburbs in Australia with an average of days on market 34.1 for properties listed there.
Leumeah is 223th on a list of best yielding suburbs for rents in NSW with a 4.23% return