Leumeah Real Estate Market Trends and Property Values
Introduction:
Leumeah is a rapidly growing and vibrant suburb in Sydney, Australia, offering a unique and exciting living experience for those looking for a comfortable and convenient lifestyle. With its rich cultural heritage, well-maintained homes, and beautiful surroundings, Leumeah has become a hot spot for real estate buyers and investors alike. In this article, we’ll explore the current state of the Leumeah real estate market and why it’s worth considering for those looking to buy or invest in property.
Median house price in Leumeah, NSW 2560
According to realestate.com.au, the median price of homes in Leumeah is $785,000, a significant increase from last year’s median price of $720,000. This growth in the real estate market is a result of increased demand for homes in the area and a growing population. This trend is expected to continue as more people discover the benefits of living in this thriving suburb.
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House Price Growth in Leumeah:
Over the past 12 months, the house price in Leumeah has grown by 9.0%, indicating a strong and stable real estate market. With the increasing demand for homes, buyers are more confident in investing in property, which is why the median price continues to rise.
Why Leumeah Attractive to Buyers?
Leumeah’s real estate market is attracting a significant number of buyers, with over 1026 buyers showing interest in the area, according to real estate reports. With a wide range of homes available to suit different needs and budgets, and a growing population, buyers are taking advantage of the opportunity to own a piece of this thriving community.
For Sale Properties in Leumeah
As of January 23, 2022, there were 22 homes for sale in Leumeah, providing a range of options for potential buyers. Whether you’re looking for a family home or an investment property, there is something for everyone in this vibrant suburb.
Rental Yield in Leumeah
For those looking to invest in property, the rental yield in Leumeah is 3.1%, which is a solid return for investors. With the growing population and increasing demand for rental properties, this is a smart investment opportunity for those looking for long-term returns.
Sold Properties in Leumeah
From February 2022 to February 2023, a total of 87 homes were sold in Leumeah, indicating a strong and thriving real estate market. With a growing population and increasing demand for homes, this trend is expected to continue, making Leumeah a great place to invest in property.
Conclusion:
In conclusion, Leumeah is a thriving and vibrant suburb with a growing real estate market. With its attractive median price, growing population, and increasing demand for homes, it’s no wonder why more and more people are choosing to call Leumeah home. Whether you’re looking to buy or invest in property, Leumeah is a smart and exciting opportunity.