LEETON ranks 934th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.24% for the past year is lower than average compared to its 70.37% growth within a five-year period.
Also in LEETON, the median home price is sitting at $460,000, and the average rent at $450, this suggests property owners could potentially earn a 5.09% increase in gross rental yield.
Property investors have seen a 2.22% gain in LEETON based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.76% growth over a ten-year period. It ranks 1487th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in LEETON, 2705 translates to a 28.5% capital gain.
LEETON, 2705 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 $330,000.
Augmented property values in LEETON are trailing behind the NSW average of 5.46% for the past year.
Real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
Home owners selling their properties and realtors in LEETON usually have to wait an average of N/A days before their assets are lifted off the market.
LEETON ranks 41st on the list of best yielding suburbs for rental properties in NSW, posting a 5.52% return.
LEETON, 2705 places 416th in Australia based on median property value growth during the quarter.