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Leeton, NSW 2705

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Leeton, NSW 2705 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Leeton, NSW 2705”

  1. The total adult population (15 years or older) of Leeton 2705 NSW is 7,283, with a median age of 38. Of those, 45.76% are married, 11.22% are divorced or separated, 35.97% are single and 6.96% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $7,376. The median monthly mortgage repayment for households in this suburb is $1,300 which is 17.62% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Leeton, postcode 2705, is nestled in NSW and is home to approximately 4,584 households. As we progress into Q3 of 2023, the typical prices for houses in this area are benchmarked at $400,093. To put this into perspective, the median weekly rent is at $393. These metrics combined generate a respectable indicative yield of 5.11%, which is comfortably above the 3% minimum attractive market threshold for cashflow-centered property investors.

    Leeton’s socio-economic condition, according to the IRSAD score, stands at 919 out of 1217. This signals that the area has access to reasonably good economic resources, and that the residents exhibit a satisfactory income level and professional skill set.

    Regarding the property market landscape, the renter to owner ratio in Leeton is marked at 31%. This indicates an equilibrium between renters and homeowners, reducing risk as well as competition between property investors.

    It’s important to note that this suburb’s unit to house ratio is at a favorable level of 6%. Lower ratios are beneficial as they tend to reduce the risk of rental market saturation and maintain higher rental yields.

    The affordability index for houses in Leeton stands at a promising 21 years, well below the 31-year threshold that indicates decreased affordability. This metric highlights the high affordability among residents and adds to the investment attractiveness of the area.

    Addressing supply metrics, the stock on market Percentage for houses in Leeton stands at a favorable 0.08%, well below the unfavorable threshold of 1.3%. A low SoM percentage represents limited supply which is a positive sign for investors eyeing capital appreciation. The inventory level for houses is an equally comfortable 0.52 months, implying an efficient absorbent market.

    The building approvals Ratio at 0.29% indicates a low arrival of new dwelling stock into the market, further cushioning the supply-demand dynamics. However, the average number of days houses remain active in the market – or days on market – is at 96, a figure slightly above the 90-day threshold that suggests low demand.

    The incredibly low vacancy rate of 0.14% (combined houses and units) demonstrates an extremely high demand in the rental market which is beneficial for landlords and property investors. The buy search index for houses is at 3, around the lower limit of a neutral demand situation.

    Overall, it’s crucial to observe not only the metric values but their trends too. Although some metrics might be in unfavorable ranges, the majority of other metrics for Leeton portray a favorable investment scenario. Utilising RCS (Relative Composite Score) developed by HtAG Analytics can simplify such research using its comprehensive database of over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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