Investment property in St Leonards has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.02%
Taking the average capital gain, or increase in median house value, St Leonards,3223 has racked up an average of 5.02% over the period. This ranks it number 227th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.22% to buyers in St Leonards at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in St Leonards the average time real estate has been on the market is 74.5075 days.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 7.25%, investors should hope to achieve an overall return of 3.27%
With a capital gain of -2.01% for the last 12 months, St Leonards, 3223 has performed for property investments than its average annual 7.63% property growth over the last 5 years.
A 16.80% growth in median value for property investors in St Leonards,3223 puts this suburb at number 240th in terms of best performing suburbs in VIC
St Leonards is 173th on a list of best yielding suburbs for rents in VIC with a 4.20% return