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Leichhardt suburb profile

Leichhardt is an inner-west Sydney suburb with a village atmosphere centred on Norton Street, known for its cafes, Italian restaurants and boutique shops. Tree-lined streets of Victorian and Federation terraces sit beside low-rise apartment buildings and small parks, creating an intimate, walkable neighbourhood.

Community landmarks such as Leichhardt Oval and the town hall punctuate the suburb, while regular markets, corner stores and dining options keep the local centre active year-round. Good bus connections and access to inner-city transport routes make errands and evenings out straightforward.

Leichhardt property market performance

Current median dwelling price$1,437,500Past 3 months

Property growth+4.9%Past 12 months

Leichhardt's median house price is $1.99 million, rising a notable 7.7% over 12 months; the median unit price is $885,000, rising a modest 2.2% over 12 months. House values rose faster than unit values, and houses and units sold in much the same time.

In Leichhardt, unit rents rose a solid 6.1% over 12 months, outpacing unit values.

HousesUnits
Median price
Past 3 months
$1.99M$885K
Change in value
Past 12 months
7.7%2.2%
Sold
Past 3 months
5119
Median days on market
Past 12 months
4243
Average rent
Past 12 months
$995$700
Change in rent
Past 12 months
N/A6.1%

5 year median price trend for houses and units

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Leichhardt demographics

Leichhardt is a community with incomes above the median for NSW.

Couple families with children are the largest family type at 45.4% of families. At the 2021 Census, 15,158 people lived in Leichhardt.

Leichhardt and NSW
SuburbNSW
Median age
years
3739
Median household income
weekly
$2,673$1,829
Couples with children
share of families
45.4%44.7%
Couples without children
share of families
38.4%37.9%
One-parent families
share of families
14.5%15.8%
Homes owned outright
share of homes
24.2%32.6%
Homes with a mortgage
share of homes
34.7%33.6%
Homes rented
share of homes
41.1%33.7%
Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Leichhardt infrastructure, key developments and investment opportunities

Leichhardt’s Leichhardt Park Aquatic Centre staged upgrade entered construction when Stage 1 works commenced on 1 April 2025, with Stage 1 including the installation of a splash pad. The suburb’s historic Leichhardt Oval has final designs released in April 2025 and construction is due to commence at the end of the 2026 winter season; the design includes four new female-friendly change rooms.

Transport for NSW lists the Leichhardt bus depot conversion for electric buses as in progress, expected to complete in 2026, and the conversion will provide charging and power infrastructure for electric buses. New amenities at Leichhardt Oval No.2, including change rooms and a kiosk, were completed in October 2024.

Suburbs near Leichhardt

Some popular suburbs near Leichhardt include:

How does Leichhardt compare to nearby suburbs?

  • Median house prices: Leichhardt’s median house price is 18.8% lower than Stanmore’s.
  • Median unit prices: Leichhardt’s median unit price is 1.9% lower than Stanmore’s.
  • House price growth: Over the past 12 months, house prices in Leichhardt have grown 1.8% higher than in Annandale.
  • Unit price growth: Over the past 12 months, unit prices in Leichhardt have grown 1.6% higher than in Annandale.
  • Selling speed for houses: Properties in Leichhardt are selling 19.2% faster than in Stanmore.
  • Selling speed for units: Properties in Leichhardt are selling 6.5% faster than in Petersham.
  • Investment considerations: In Leichhardt, the rental yield for house is 7.8% higher than the Sydney average, while the rental yield for units is 11.4% lower.
  • House price growth: Over the past 12 months, house prices in Leichhardt have grown 10.1% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Leichhardt have grown 3.9% lower than the average rate of growth for units across Sydney.

Common questions about Leichhardt

  • Is Leichhardt a nice place to live?

    Leichhardt centres on Norton Street, known for its cafes, Italian restaurants and boutique shops, with landmarks such as Leichhardt Oval and the town hall.

    Residents have incomes above the NSW median and couple families with children are the largest family type, at 45.4% of families. Tree-lined streets, small parks, regular markets, corner stores and a local centre that stays active year-round make for an intimate, walkable neighbourhood, and good bus connections and access to inner-city routes support everyday travel. The Leichhardt Park Aquatic Centre staged upgrade has entered construction, with Stage 1 including a splash pad.

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  • Is it expensive to live in Leichhardt?

    For Leichhardt, a typical local household earned about $2,673 a week at the last Census. On those figures, renting a house at $995 a week would take about 37% of that weekly income, while renting a unit at $700 a week would take about 26%.

    Buying sits further above local incomes: a median house price of $1,990,000 is about 14.3 times a typical local annual household income, and the median unit price of $885,000 is about 6.4 times that annual income. If you're renting rather than buying, the rent share is the figure that matters; whether these ratios feel expensive depends on your own income and circumstances.

    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 Leichhardt a good place to invest?

    A solid 7.7% rise in median house values in Leichhardt over the past 12 months is the most notable move; unit values rose a more modest 2.2% and unit rents increased 6.1%. That leaves houses with stronger recent capital growth than units, while on units rental income has outgrown capital growth.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Leichhardt

Choosing the right real estate agent in Leichhardt can have a big impact on your sale. While there are 95 real estate agents working in the suburb, but just 5 of them were responsible for 48.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.66% to 2.15%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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