Suburb Profile Report for Leanyer NT (0812)

Leanyer House: Median price $505,000, Annual capital growth 0.27%, Number of sales 56, Weekly median advertised rent $480

Leanyer Unit: Median price $270,000, Annual capital growth -1.54%, Number of sales 16, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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Over the last year, property investments in Leanyer, 0812 have given investors a capital gain of -4.17%. This compares averagely with the -2.30% for NT as a whole.

Across a shorter period, Leanyer, 0812 has seen a median price increase of -0.98% over the last quarter.

Property buyers and investors in Leanyer 0812 should be seeing an average reduction in asking price of around -8.01% . This means that Leanyer is holding prices well when compared to other suburbs in NT.

Often selling an investment property can take time, and in Leanyer the average time real estate has been on the market is 91.2903 days.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

Leanyer has had a pretty good year for property investment returns compared to the rest of NT, giving investors a capital gain of -6.90% to date .

A -33.50% growth in median value for property investors in Leanyer,0812 puts this suburb at number 11th in terms of best performing suburbs in NT

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 6.55%, without taking into account capital value appreciation, which has been averaging out at -1.54%.

Information supplied by:


January 2018

M
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W
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Leanyer, NT – Unit stock increases while houses fall

Postcode: 0812

Median unit price: $375,000

Stock on market: -20.5%

12-month growth: -3.2%

About 14km north of the Darwin CBD, the suburb of Leanyer recorded an interesting trend in its dwelling stock movements, with housing supply dropping by more than half while that of units rose.

The number of apartments listed as of November 2017 reached 20, up from 11 in the previous year. Unfortunately, its negative growth trend has continued on, with values slipping by 3.2% to a median of $375,000.

Originally established as a military base and residential suburb, Leanyer is now home to several schools, including Leanyer Primary School and Good Shepherd Lutheran College. There are also excellent recreation spots in the suburb, including Casuarina Coastal Reserve, a beach, a nature park, a water park, a shopping hub and a social club.

Metrics i HOUSE UNIT
$505,000 $270,000
-0.98% -4.42%
-4.17% -6.90%
0.27% -1.54%
$480 $340
56 16
4.94% 6.55%
91.2903225806452 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 4691
Median household income ($/weekly) 1923
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 649 13.8
    25-34 years 706 15.1
    35-44 years 703 15.0
    45-54 years 781 16.6
    55-64 years 533 11.4
    Others 1319 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 1477 46.8
    Not Married 1284 40.7
    Defacto Relationship 394 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2983 71.8
    Papua New Guinea 88 2.1
    Philippines 135 3.2
    United Kingdom 166 4.0
    Other 307 7.4
    Others 478 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 158 4.0
    Christianity 2498 62.5
    Hinduism 52 1.3
    Islam 56 1.4
    No Religion 1188 29.7
    Others 42 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 112 8.6
    $1,500-$1,999 212 16.3
    $2,000-$2,499 178 13.7
    $2,500-$2,999 165 12.7
    $3,000-$3,499 124 9.5
    Others 509 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1828 55.0
    Not in the labour force 697 21.0
    Employed, worked part-time 543 16.4
    Employed, away from work 181 5.5
    Unemployed, looking for work 72 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 327 12.8
    Professionals 522 20.5
    Technicians & trades workers 426 16.7
    Community & personal service workers 259 10.2
    Clerical & administrative workers 457 17.9
    Others 558 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 69 6.4
    Infants/Primary 367 34.0
    Secondary 334 30.9
    Technical or Further Educational Institution 72 6.7
    University or other Tertiary Institutions 211 19.5
    Others 27 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3316 80.1
    Semi-detached, row or terrace house, townhouse 684 16.5
    Flat, unit or apartment 141 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 558 39.9
    Rented 485 34.7
    Fully owned 351 25.1
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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