Leitchville is a small community in Victoria within the Gannawarra local government area (postcode 3567). With a population of 576, the suburb has a mature demographic with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Leitchville is $304,000, having surged 33.6% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $867.
Leitchville is served by 1 school, including 1 primary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
From an investment perspective, Leitchville offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($304K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +33.6% year-on-year.
Leitchville is a small community in Victoria within the Gannawarra local government area (postcode 3567). With a population of 576, the suburb has a mature demographic with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Leitchville is $304,000, having surged 33.6% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $867.
Leitchville is served by 1 school, including 1 primary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
From an investment perspective, Leitchville offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($304K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +33.6% year-on-year.