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Property investors enjoyed capital gains of 15.69% over the last 12 months in LEANYER, translating to lower returns compared with its peers in NT.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NT suburb obtained a 0.59% growth over a ten-year period. It ranks 4433rd on our list of suburbs that property investors should look into.
LEANYER, 812 has a capital gain of 15.69% for the past year, which is higher than average compared to its 4.66% growth within a five-year period.
With the median home price in LEANYER sitting at $590,000, and the average rent at $560, property owners could potentially earn a 4.94% increase in gross rental yield.
A 15.69% increase in median property prices in LEANYER, 812 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 24th.
Figures from the previous quarter show that capital gains for real estate buyers in LEANYER are high, as opposed to average gains per annum over the past five years.
LEANYER, 812 in NT belongs to the local government area of Darwin (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.69%||27%|
|Median 3 years||12.38%||13.39%|
|Median 5 years||4.66%||-20.63%|
|10 years average annual||0.59%||-1.38%|
|Weekly media advert. rent||$560||$392.5|
|Time on Market||62.1 days||42.2 days|
|Gross Rental Yield Percent||4.94%||6.43%|