Leichhardt is a well-established suburb in New South Wales within the Inner West local government area (postcode 2040). With a population of 15,158, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $139K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Leichhardt is $2.0 million, having dropped significantly 9.5% over the past year. Units have a median price of $1.0 million (+2.6% YoY). The current median weekly rent is $845. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $3,400.
Leichhardt is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1125, which is well above the national average of 1,000. Public transport access includes 2 tram stops, 37 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Leichhardt offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved -9.5% year-on-year.
Leichhardt is a well-established suburb in New South Wales within the Inner West local government area (postcode 2040). With a population of 15,158, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $139K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Leichhardt is $2.0 million, having dropped significantly 9.5% over the past year. Units have a median price of $1.0 million (+2.6% YoY). The current median weekly rent is $845. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $3,400.
Leichhardt is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1125, which is well above the national average of 1,000. Public transport access includes 2 tram stops, 37 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Leichhardt offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.4x is considered stretched. House prices have moved -9.5% year-on-year.