All Suburbs

Leichhardt

NSW 2040LGA: Inner West Council

Investment Score

78

/100

AI Intelligence Summary

Leichhardt is a vibrant inner-west suburb located just 5km from Sydney's CBD, renowned for its strong Italian heritage and the famous Norton Street dining precinct. The suburb offers an excellent blend of cultural diversity, urban convenience, and community atmosphere, making it highly sought after by young professionals, families, and students. With Federation terraces, modern apartments, and converted warehouses, Leichhardt provides diverse housing options in a tightly held market. The area benefits from excellent transport links including light rail to Central Station and multiple bus routes, plus proximity to major universities. Leichhardt Oval, home to the Wests Tigers NRL team, anchors the community's sporting culture, while abundant parkland, weekend markets, and a thriving café scene create a distinctive lifestyle offering. The suburb's property market remains resilient with strong capital growth potential, driven by limited supply and consistent demand from both owner-occupiers and investors. Urban renewal projects and infrastructure improvements continue to enhance the area's appeal, while the tight rental market reflects its desirability among renters.

Strengths

  • Prime inner-west location 5km from Sydney CBD
  • Famous Norton Street Italian precinct with exceptional dining
  • Excellent transport connectivity via light rail and buses
  • Strong community atmosphere with regular markets and festivals

Opportunities

  • Ongoing urban renewal and streetscape improvements
  • Growing student accommodation demand near universities
  • Potential for heritage property renovations and conversions
  • Expanding cycling infrastructure improving connectivity

Considerations

  • Limited parking availability in busy precincts
  • High property prices creating affordability barriers
  • Traffic congestion on Parramatta Road corridor
  • Limited new development opportunities due to heritage constraints

Property Market

Median House

$1.85M

+8.5% 1yr

Median Unit

$950K

+7.2% 1yr

Median Townhouse

$1.45M

Rent (House)

$1,150/wk

Rent (Unit)

$750/wk

Days on Market

28

Vacancy Rate

1.8%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.4%+45.2%
Unit+7.2%+18.6%+38.9%

Rental Yields

House Yield

3.2%

Unit Yield

4.0%

Townhouse Yield

3.5%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score68/100
Risk Score (lower = safer)72/100
Affordability Index55/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Leichhardt at median house price

Standard transfer
$84,140
First Home Buyer
$84,140
Foreign buyer surcharge
$148,000

+8% surcharge

Annual rent income
$59,800

$1150/wk

Interest (80% LVR @ 6.5%)
-$96,200
Other expenses (~2.5%)
-$46,250
Net rental position
-$82,650

Negatively geared

Tax benefit (39% MTR)
+$32,234

Reduces taxable income

After-tax holding cost
$50,417/yr

~$970/week

Based on 9.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$2.85M
Capital gain
$908,291
After discount
$454,146
CGT payable
$177,117

10-Year Hold

Est. value
$4.40M
Capital gain
$2.45M
After discount
$1.23M
CGT payable
$478,205

Investor Quick Summary

Entry cost (stamp duty)

$84,140

After-tax yield

1.95%

Weekly holding cost

$970/wk

10yr CGT (est.)

$478,205

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

15,200

Median Age

33

Median Income

$95K

per annum

Family Households

42.0%

Professionals

52.0%

University Educated

48.0%

Unemployment

4.2%

Born Overseas

38.0%

Dwelling Mix

Houses: 35%Units: 58%Townhouses: 7%Total: 7,800

Lifestyle & Community

Walkability85/100
Public Transport8/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

150

Parks

8

Hospitals

2

Distance to CBD

5.0 km

Nearest Station: Lewisham Station

The suburb offers an exceptional lifestyle with world-class dining, regular markets, sporting culture around Leichhardt Oval, extensive parkland, and a strong café culture that attracts residents and visitors alike.

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Data sourced from multiple sources. Last updated 27 March 2026.

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