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Property investors have seen a 5.34% gain in LEPPINGTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains LEPPINGTON, 2179 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $480,000
Profits averaged -1.52% per annum over a 3-year period, due to an downward trend in home prices in LEPPINGTON, 2179.
This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
The gross rental yield in LEPPINGTON, 2179 is 6.28%.
An average of 31.08 real estate transactions take place per month in LEPPINGTON which translates to 373 per annum.
Leppington is a suburb that’s situated 55 kilometres from Sydney’s central business district and belongs to the local government areas of the Camden Council and the City of Liverpool. It is bordered by the suburbs of Austral, Rossmore, Edmondson Park, and Gledswood Hills. Leppington features a diverse neighbourhood with some of its residents coming from Italy, China, England, Lebanon and Malta.
Things to do in Leppington
Leppington has a main sporting venue called the Leppington Oval where the season’s soccer games are held. The Australian Botanic Garden is also a short drive away where one can admire the country’s flora.
The suburb’s new lifestyle corridor is set to rise along Rickard Road, though residents can get their fix at numerous shops in nearby suburbs including the Crossroads Homemaker Centre and Costco in Casula. Green Valley, which is less than 20 minutes away, also has The Valley Plaza, which houses restaurants, a pharmacy, Coles, Woolworths, and a medical facility.
A great deal of dwelling structures in Leppington are separate houses, while semi-detached and row houses make up no more than 1 per cent of the residential real estate. Leppington will soon be home to a priority precinct that will contain over a thousand homes.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.61%||N/A|
|Median 3 years||-4.55%||N/A|
|Median 5 years||-36%||N/A|
|10 years average annual||-5.64%||N/A|
|Weekly media advert. rent||$580||N/A|
|Time on Market||84.9 days||N/A|
|Gross Rental Yield Percent||6.28%||N/A|