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Leabrook suburb profile

Leabrook is a picturesque suburb located in Adelaide's eastern suburbs, known for its leafy streets and elegant homes. Situated just 5km from the Adelaide CBD, it offers a peaceful residential environment with easy access to urban amenities. The suburb is characterized by its charming heritage properties and well-maintained gardens, attracting families and professionals seeking a tranquil lifestyle. Leabrook is close to quality schools, parks, and shopping precincts, providing a convenient yet serene setting for its residents. Its blend of suburban tranquility and proximity to city life makes Leabrook a desirable location for those seeking a balanced lifestyle.

Leabrook property market performance

Property growth+3.7%Past 12 months

Leabrook’s property market has shown varied performance over the past 12 months. House values have increased by 12%, while unit values have remained stable. Despite the growth in house values, the median house price is currently unavailable. Similarly, the median unit price is also not provided, indicating potential data limitations.

Sales activity has been relatively low, with 8 houses and 3 units sold in the past 12 months. Houses have been selling quickly, with no median days on market recorded, while units have taken longer, with a median of 66 days, suggesting a slower pace in the unit market.

The rental market in Leabrook has seen minimal changes over the last 12 months. The average rent for houses has remained steady at $650, while units have experienced a slight increase of 2%, bringing the average rent to $520.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
12.0%-4.6%
Sold
Past 3 months
83
Median days on market
Past 12 months
N/A66
Average rent
Past 12 months
$650$520
Change in rent
Past 12 months
-12.5%2.0%

5 year median price trend for houses and units

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Leabrook demographics

Leabrook, nestled in the eastern suburbs of Adelaide, is a charming and affluent area known for its leafy streets and serene environment. With a population of 1,605, it offers a peaceful retreat while still being conveniently close to the city. The median age of 55 indicates a mature community, often attracting retirees and established families who appreciate the suburb's tranquility and proximity to amenities.

The suburb's housing landscape is characterized by a high rate of outright home ownership, with 48.7% of properties owned outright. This reflects a stable and long-term resident base, with many choosing to settle in Leabrook for its quality of life. Additionally, 25.8% of homes are owned with a mortgage, while 25.5% are rented, offering a balanced mix of housing options for different lifestyles.

Family life in Leabrook is vibrant, with 37.7% of families being couples with children and 51.0% being couples without children. This demographic mix highlights the suburb's appeal to both growing families and those enjoying a quieter phase of life. The area is well-served by local parks, schools, and shopping facilities, making it an ideal location for those seeking a harmonious blend of convenience and community spirit.

Leabrook infrastructure, key developments and investment opportunities

Leabrook is a tightly held, primarily residential suburb within the Burnside council area, benefitting from proximity to established schools, parks and shopping in neighbouring precincts, which underpins its appeal to families and downsizers.[6][7] The suburb’s leafy streetscape and low-density character, reinforced by Burnside’s generally conservative planning approach, mean limited new large-scale developments, supporting long-term price stability and a premium feel.[6]

Nearby upgrades to education facilities, retail hubs and community amenities across the eastern suburbs continue to enhance day-to-day convenience and liveability for Leabrook residents, without dramatically altering the suburb’s quiet character.[6] There are currently no widely publicised major infrastructure or planning changes specific to Leabrook that would significantly shift property demand or values in the short term.

Leabrook rental market trends

The rental market in Leabrook has remained relatively stable, with house rents holding steady over the past year at $650 per week, while unit rents have seen a modest increase of 2% to $520 per week. This stability, combined with the suburb's desirable location and amenities, makes Leabrook an attractive option for renters seeking a balanced lifestyle.

Suburbs near Leabrook

Some popular suburbs near Leabrook include:

How does Leabrook compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Leabrook have grown 3.8% higher than in Marryatville.
  • Investment considerations: In Leabrook, the rental yield for house is 3.2% higher than the Adelaide average, while the rental yield for units is 5.9% higher.
  • House price growth: Over the past 12 months, house prices in Leabrook have grown 122.8% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Leabrook have grown 11.2% higher than the average rate of growth for units across Adelaide.

Common questions about Leabrook

  • Is Leabrook a nice place to live?

    Leabrook is a delightful suburb that offers a serene and charming environment, making it a wonderful place to call home. Known for its leafy streets and elegant homes, it provides a peaceful retreat just a short distance from the bustling Adelaide CBD. The suburb's tranquil atmosphere is complemented by its proximity to a range of amenities, including quality schools, parks, and shopping precincts, ensuring residents have everything they need within easy reach. This balance of suburban tranquility and urban convenience makes Leabrook an attractive choice for families and professionals alike.

    The community vibe in Leabrook is one of affluence and stability, with a strong sense of belonging among its residents. The suburb's heritage properties and well-maintained gardens add to its charm, creating a picturesque setting that is both inviting and calming. Families will find Leabrook particularly appealing, as it offers a safe and nurturing environment for children to grow up in, with plenty of green spaces and recreational opportunities nearby.

    While Leabrook offers a fantastic lifestyle, there are a few trade-offs to consider. The suburb's premium feel and limited new developments mean that property prices can be on the higher side, which may not suit everyone's budget. Additionally, while the area is predominantly residential, those seeking a vibrant nightlife or a wide array of dining options may need to venture further afield. However, for those who value a peaceful and community-oriented lifestyle, Leabrook is a truly lovely place to live.

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  • Is it expensive to live in Leabrook?

    Living in Leabrook, an inner suburb of Adelaide, presents a unique financial landscape. With the median household income sitting at $1,693 per week, Leabrook residents earn slightly above the average compared to other areas. However, when it comes to housing, the suburb offers a mixed scenario. While the current median house and unit prices are not specified, the rental market provides some insights. Renting a house in Leabrook costs around $650 per week, while units are a bit more affordable at $520 per week.

    Comparing these figures to Adelaide’s average wage of $85,000 per year, it becomes evident that renting in Leabrook could take a significant portion of one's income, especially for those earning around the average salary. This makes Leabrook a moderately expensive suburb to live in, particularly for renters. If you are thinking of living in Leabrook, it's essential to consider how these rental costs align with your financial situation, as the suburb offers a desirable location with its proximity to Adelaide's amenities and lifestyle attractions.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Leabrook a good place to invest?

    Leabrook is showing promising signs as a solid investment suburb, particularly for those interested in the housing market. Over the past year, the median house value has increased by an impressive 12.0%, indicating strong demand and potential for capital growth. This upward trend suggests that houses in Leabrook are becoming more desirable, possibly due to the suburb's appealing characteristics and amenities.

    While the median unit value has remained stable over the last 12 months, the slight increase in rent for units by 2.0% suggests a steady demand for rental properties. This could be appealing for investors looking for consistent rental income, especially in a market where house rents have not changed. The stability in unit values might also present an opportunity for those looking to enter the market at a more affordable price point, with the potential for future growth.

    Overall, Leabrook offers a mix of strong capital growth potential in the housing market and steady rental demand for units. This combination makes it an attractive option for investors seeking both appreciation and rental income. With its stable market dynamics and appealing growth in house values, Leabrook stands out as a suburb worth considering for investment.

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Choose the right real estate agents in Leabrook

There are 27 real estate agents in Leabrook, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 24.1% of all sales in the past year.

Commission rates in Leabrook typically range from 1.13% to 2.5%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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