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Rental market in Leichhardt (2040)

Leichhardt (2040) sits within the Inner West LGA. Whether you are buying as an investor or comparing ownership to renting, the rental market data below gives you a current-state picture of what tenants are paying and what gross yield looks like relative to recent sale prices. Yield figures use the median dwelling price for the postcode as the denominator.

Can I afford Leichhardt?

Rental market in Leichhardt

Median weekly rent from lodged bonds. Sep 2025. Based on 46 new bond lodgements this quarter.

Rents here are at the higher end for Sydney. Higher holding costs for investors; higher savings pressure for renters.


Median weekly rent · Unit · 2 bed
$720per week
Sep 2025 · 46 bonds lodged

Quarterly trend · last 12 quarters
Dec 22: $650 per week (50 bonds)Mar 23: $698 per week (50 bonds)Jun 23: $698 per week (36 bonds)Sep 23: $810 per week (70 bonds)Dec 23: $785 per week (60 bonds)Mar 24: $850 per week (73 bonds)Jun 24: $850 per week (57 bonds)Sep 24: $810 per week (57 bonds)Dec 24: $795 per week (51 bonds)Mar 25: $790 per week (61 bonds)Jun 25: $815 per week (34 bonds)Sep 25: $720 per week (46 bonds)Dec 22Jun 24Sep 25


Nearby suburbs · same combination

Annandale2038
$800$80
1.1 km away
Haberfield2045
$1,100$380
1.8 km away
Rozelle2039
$885$165
1.9 km away
Forest Lodge2037
$1,100$380
2.6 km away
NSW DCJ Rental Bond Board · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.

A low vacancy rate in Leichhardt indicates strong tenant demand relative to supply, typically a positive signal for landlords and a sign that the suburb has sustained rental appeal. Vacancy rates below 2% in Sydney are generally considered a landlord's market; above 3% signals softer conditions. Compare the Leichhardt rate to the wider Inner West LGA to understand whether it is suburb-specific or part of a broader area trend.

Rental market in nearby suburbs

Annandale 2038Ashfield 2131Balmain 2041Croydon 2132Dulwich Hill 2203Enmore 2042

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