St Leonards

Suburb Profile

St Leonards - FREE 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 22.18% for the past year.

Investors saw the median home price rise to $303,000.

Profits due to an upward trend in home prices in the suburb averaged 9.19% per annum over a 3-year period.

ST LEONARDS now ranks at the 64th 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 $290 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 61.4 days.

In 2016, 33 properties were sold in ST LEONARDS during the past year, making it the 78th most active market in TAS based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$303,000	N/A
GROWTH REPORT
Median Quarterly	3.59%	N/A
Median 12 month	22.18%	N/A
Median 3 years	27.58%	N/A
Median 5 years	36.18%	N/A
10 years average annual	4.38%	N/A
Weekly media advert. rent	$290	N/A
Time on Market	61.4 days	N/A
Gross Rental Yield Percent	4.98%	N/A