Leeton is a medium-sized suburb in New South Wales within the Leeton local government area (postcode 2705). The area has roughly 9,170 residents and a settled mid-life population, with a median age of 38. Households earn a median income of $74K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, professionals. Employment in the area leans toward manufacturing and education. The top ancestries reported are Australian, English, Irish.
Leeton has a median house price of $638,000, which has surged by 46.6% year-on-year. Units have a median price of $335,000 (+3.1% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,300.
Leeton is served by 8 schools, including 4 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 939, which is below the national average of 1,000. Public transport access includes 2 rail stations, 217 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Leeton LGA is moderate at 4,706 incidents per 100,000 population.
Looking at the investment signals, Leeton shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices sit below the state median ($638K/$1.5M), which can point to relative value. The price-to-income ratio of 8.6x is considered moderate. House prices have moved +46.6% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.