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St Leonards
AREA REPORTS

St Leonards

St Leonards - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7250

house

ST LEONARDS, 7250 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling ST LEONARDS, 7250 values up and netting property investors a capital gain of 27.02% for the past year.

Investors saw the median home price rise to $479,500.

Profits due to an upward trend in home prices in the suburb averaged 18.81% per annum over a 3-year period.

ST LEONARDS now ranks at the 173rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ST LEONARDS are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $460 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ST LEONARDS, homes and units usually stay on listing for an average of 22.6 days.

In 2016, 37 properties were sold in ST LEONARDS during the past year, making it the 71st most active market in TAS based on total real estate transactions.

Data report can be found below

St Leonards
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $479,500 N/A
GROWTH REPORT
Median Quarterly 0.42% N/A
Median 12 month 27.02% N/A
Median 3 years 56.44% N/A
Median 5 years 108.48% N/A
10 years average annual 8.65% N/A
Weekly media advert. rent $460 N/A
Time on Market 22.6 days N/A
Gross Rental Yield Percent 4.99% N/A
demographics (median values)*
Total Population
48050
Weekly Household Income
1142
Household Size
2.30
Age
41
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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