Leichhardt demand is driven by Norton Street lifestyle amenity, quick CBD access and a tight market for renovated terraces and family homes that keep marketing time short. Investors value the suburb for low vacancy, rising house rents and the limited supply pipeline, yet the surrounding approvals and a softer unit sector mean growth is best captured through well-located houses or premium apartments that distinguish themselves. Prices have nudged higher over the past six months – houses up mid-single digits while units are steady to slightly firmer – signaling a cautious but positive trajectory.