Leets Vale is a small, quiet locality in New South Wales within the Hawkesbury local government area (postcode 2775). With a population of 59, the suburb has a settled mid-life population with a median age of 44. Households earn a median income of $94K 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 +1.0% 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 technicians & trades, labourers, managers. Employment in the area leans toward accommodation & food and it & telecom. The top ancestries reported are English, Australian, Irish.
Median house prices in Leets Vale stand at $860,000, having climbed sharply by 74.6% over the last twelve months. The current median weekly rent is $435. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
The crime rate in the Hawkesbury LGA is below average at 2,682 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices sit below the state median ($860K/$1.5M), which can point to relative value. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +74.6% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.