With a capital gain of -0.32% for the last 12 months, Leongatha, 3953 has performed for property investments than its average annual 3.65% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Leongatha has given property investors a paper return of -0.48%. This puts Suburb as 589 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Leongatha should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.
A $282.5 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 3.65%.
Giving property investors a a poor capital gain of -4.68% for the last year, Leongatha, 3953 is the 1415th highest performer in Australia in this respect.
Over the longer term, Leongatha has seen property prices show investors a -2.57% return over the last 3 years. This is worse than over the last 12 months
Leongatha, 3953 is offering VIC ‘s 293th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
At number 1471 in a list of fastest selling suburbs, Leongatha is in the bottom 10% of suburbs in Australia with an average of days on market 163.3 for properties listed there.
Property investors should expect to get $220 weekly from the median priced house in this suburb.