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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 $620,000 and this has changed -1.44% over the past year and changed -0.80% over 2 years.

The median rent in Leongatha for houses is $435 per week and the median rental yield is 3.64%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 167 days.The median listing price for units is $420,000 and this has changed -6.46% over the past year. The average unit takes 139 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

0.41%

Current vacancy rate


12

Rental stock available


5,656

Population


22.36%

Rental population


0.27%

Current vacancy rate


49

Rental stock available


28,699

Population


13.30%

Rental population


0.93%

Current vacancy rate


28,886

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 $620,000 NA $420,000
Median price change - last quarter -0.49% NA 0.23%
Median price change - 1 year -1.44% NA -6.46%
Median price change - 2 years -0.80% NA NA
  House Townhouses Units
Median weekly rent $435 NA $330
Median yield % 3.64% NA 4.08%
Median rent change - 1 year 10.12% NA NA
  House Units
Previous month sales 11 0
Stock on market previous month 87 9
Stock variance vs. last year 0.00% 125.00%
Average days on market 167 139

Leongatha investment property listings

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