Get a property report and suburb profile for any property in Leura

Leura is a mountain village in the Blue Mountains where a compact, leafy centre meets bushland. Streets around Leura Mall are lined with boutiques, cafes and galleries set among sandstone and Federation cottages, giving the suburb a strong heritage character. Gardens and walking tracks are close at hand, with the Everglades gardens, Leura Cascades and other national park lookouts forming everyday recreational draws.

The community of 4,503 has a median age of 55 and most homes are owner-occupied (78.3%), with couple families without children the largest family group. Regional rail services stop at Leura and neighbouring Katoomba provides broader services, while a number of public-space upgrades are under way or planned, including a major Leura Cascades precinct project, streetscape and pedestrian improvements at Leura Mall, an active-transport study linked to the Grand Cliff Top Walk and a parks upgrade for Bloome Park. That mix suits people who want a quieter, picturesque village lifestyle with village conveniences and ready access to walking tracks.

A median house price of $1,015,000 in Leura works out to about 14.3 times a typical local household's annual income at the last Census. On the rental side, the average house rent of $673 a week would take about 49.2% of a typical local household's weekly income at the last Census, while the average unit rent of $540 a week would take about 39.4%.

Put simply, buying a house sits well above what local households earned at the last Census, and renting would also take up a large (house) or sizeable (unit) share of a typical local household's income. If you're renting rather than buying, the rent share is the figure that matters when you judge how affordable Leura is for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Units have been the clearer mover in Leura over the past year: unit values rose 6.0% and unit rents increased 8.4%, both solid rises. By comparison, house movements were more modest, with house values up 2.1% and house rents up 3.5%.

For someone weighing Leura as an investment, the value figures point to capital growth and the rent figures speak to rental income. Over the 12 months covered, the unit side outpaced the house side on both capital growth and rental income, and unit rents also rose faster than unit values. Whether that balance fits your plans depends on your priorities and circumstances.

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.