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Investment Property Leongatha, VIC, 3953

Suburb Snapshot

Leongatha is a suburb in the South Gippsland Region of Victoria. Leongatha has a population of 5,656 people and 22.36% of its occupants live in rental accommodation. The median listing price for houses is $615,000 and this has changed -0.41% over the past year and changed -0.81% over 2 years.

The median rent in Leongatha for houses is $430 per week and the median rental yield is 3.63%. Stock on the market for houses/townhouses has changed -7.69% compared to last year and the average time to sell a house/townhouse is 163 days.The median listing price for units is $420,000 and this has changed -6.46% over the past year. The average unit takes 140 days to sell and the median rent for a unit in Leongatha is $330 per week, producing a rental yield of 4.08%.

Supply & Demand in Leongatha, South Gippsland

0.52%

Current vacancy rate


15

Rental stock available


5,656

Population


22.36%

Rental population


0.26%

Current vacancy rate


48

Rental stock available


28,699

Population


13.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Leongatha, South Gippsland

  House Townhouses Units
Median listing price $615,000 NA $420,000
Median price change - last quarter -0.49% NA 0.23%
Median price change - 1 year -0.41% NA -6.46%
Median price change - 2 years -0.81% NA NA
  House Townhouses Units
Median weekly rent $430 NA $330
Median yield % 3.63% NA 4.08%
Median rent change - 1 year 8.86% NA NA
  House Units
Previous month sales 10 2
Stock on market previous month 84 10
Stock variance vs. last year -7.69% 400.00%
Average days on market 163 140

Leongatha investment property listings

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