St Leonards Apartments for Sale — Sydney's Lower North Shore Medical & Commercial Hub
Your Local St Leonards Property Experts
St Leonards Market Overview
$840,000
Source: CoreLogic RP Data, Domain Group
3.9%
+7.7%
1.8%
$650/week
77/100
About Apartments in St Leonards
Home / St Leonards Apartments For Sale in St Leonards Your Local St Leonards Property Experts St Leonards Apartments: Key Facts at a Glance Current market data and statistics for St Leonards • Last updated December 2025 Median Apartment Price $ 840,000 Source: CoreLogic RP Data Verified Dec 2025 Annual Price Growth + 7.7 % 12-month period ending Dec 2025 🔥 Strong growth Rental Yield 3.9 % Gross yield (before expenses) 📍 Moderate yield Distance to CBD 16 km 40-50 minutes by train Walk Score: 77 /100 Vacancy Rate 1.8 % Source: SQM Research Dec 2025 🔥 Very tight market Median Rent $ 650 /week For 2-bedroom apartment $ 33,800 /year Data Sources: CoreLogic RP Data, Domain Group All data is independently verified and updated monthly to ensure accuracy Last Updated: 15 December 2025 Next Review: March 2026 St Leonards Market Overview Data updated November 2025 Median Apartment Price $ 840,000 Average Rental Yield 3.9 % Median Rent per Week $ 650 Suburb Growth Rate 7.7 % p.a. Rental Yield Calculator Purchase Price (AUD) Weekly Rent (AUD) Annual Expenses (AUD) Gross Yield 0.00 % Annual rent / Purchase price Net Yield 0.00 % (Annual rent - Expenses) / Purchase price Annual Rental Income $ 33,800 * This calculator provides estimates only. Actual returns may vary. Consult with a property investment advisor for personalized advice. Recent Sales in St Leonards Latest apartment sales in the St Leonards area Unit 1406/1 Albany Street 2 2 1 Sold Price $875,000 14 Oct 2025 Apt 1005/5 Atchison Street 1 1 1 Sold Price $685,000 21 Oct 2025 Unit 1807/10 Christie Street 3 2 2 Sold Price $1,295,000 1 Nov 2025 Apt 1203/8 Pacific Highway 2 2 1 Sold Price $860,000 8 Nov 2025 Off-Plan Projects in St Leonards Upcoming developments and investment opportunities St Leonards Square Developer: Mirvac Completion: Q4 2026 $680,000 - $1,720,000 Register Interest The Forum Developer: Aqualand Completion: Q2 2027 $710,000 - $1,800,000 Register Interest Living in St Leonards St Leonards is a thriving commercial and medical precinct on the lower north shore, with major hospital facilities, corporate offices, and excellent transport. The suburb's ongoing development and proximity to the CBD make it highly attractive for professionals and investors. Transport & Location St Leonards Station - North Shore Line to CBD in 8 minutes, frequent trains, extensive bus network, close to Harbour Bridge and Warringah Freeway for road access. Lifestyle & Amenities Royal North Shore Hospital medical precinct, Forum shopping center, dining on Pacific Highway, close to North Sydney amenities, parks and recreational facilities. Investment Opportunity Major hospital employment hub, corporate office presence, strong rental demand from medical professionals, lower north shore prestige location, solid capital growth. Why St Leonards is Hot in 2025 St Leonards Square by Mirvac - Completion Q4 2026 - $680k-$1.72M The Forum by Aqualand - Completion Q2 2027 - $710k-$1.8M Pacific Highway Residences by Meriton - Completion Q1 2027 - $660k-$1.65M Ask Our AI Assistant Expert insights about st-leonards Is St Leonards good for investment? What's the rental demand like in St Leonards? How does St Leonards compare to nearby suburbs? Maximise Your St Leonards Investment Returns Our sister company Ding Financial specialises in property investment tax strategies, negative gearing optimization, and SMSF property acquisitions. Get expert advice on structuring your St Leonards apartment investment for maximum tax efficiency. Speak to a Property Tax Specialist Thinking of Selling Your St Leonards Apartment? Ding Real Estate is our licensed NSW agency with deep local expertise in St Leonards . We achieve premium results through targeted marketing, off-market buyer networks, and expert negotiation. Get a free market appraisal today. Request Free Appraisal Frequently Asked Questions About St Leonards Get expert answers to common questions about buying apartments in St Leonards Q 1 . What is the median apartment price in St Leonards? The median apartment price in St Leonards is $840,000 as of Q4 2025, based on CoreLogic RP Data. This represents a +7.7% change year-over-year, making it one of the strongest growth markets in Sydney. Price Q 2 . What rental yield can I expect in St Leonards? Rental yields in St Leonards typically range from 3.6% to 4.2%, with a median of 3.9%. While yields are moderate, the area offers strong capital growth potential. Yield Q 3 . Is St Leonards a good suburb for first home buyers? St Leonards has a median price of $840,000, which is above the first home buyer sweet spot. However, it offers premium location benefits and strong long-term growth potential for those who can afford the entry price. Investment Q 4 . What is the capital growth forecast for St Leonards? Based on recent trends and infrastructure investment, St Leonards is forecast to achieve 6.7%-9.7% annual capital growth over the next 3-5 years. Steady growth is supported by established infrastructure and consistent demand. Investment Q 5 . How far is St Leonards from Sydney CBD? St Leonards is located 23km from Sydney CBD. St Leonards Station - North Shore Line to CBD in 8 minutes, frequent trains, extensive bus network, close to Harbour Bridge and Warringah Freeway for road access. Transport Q 6 . What are the best streets to buy in St Leonards? The best streets in St Leonards typically offer proximity to train stations, parks, and local shopping precincts. Look for properties within 800 meters of train/metro stations for maximum capital growth potential and rental demand. Lifestyle Q 7 . Does St Leonards have good public transport? St Leonards offers St Leonards Station - North Shore Line to CBD in 8 minutes, frequent trains, extensive bus network, close to Harbour Bridge and Warringah Freeway for road access. Transport Q 8 . What types of apartments are available in St Leonards? St Leonards offers a range of apartment types from 1-bedroom units from $588,000 to 2-bedroom apartments around $840,000 and larger 3-bedroom residences up to $1,176,000. Several off-the-plan developments are also available with flexible deposit structures. Price Q 9 . Is St Leonards safe and family-friendly? St Leonards is a safe and welcoming suburb suitable for families, with good access to schools and parks. The area offers royal north shore hospital medical precinct, forum shopping center, dining on pacific highway, close to north sydney amenities, parks and recreational facilities.. Safety Q 10 . What are the strata fees in St Leonards? Strata fees in St Leonards typically range from $900 to $1,800 per quarter for a 2-bedroom apartment, depending on building amenities. Premium buildings with pools, gyms, and concierge services will have higher levies ($2,000-$3,000+ per quarter). Price Q 11 . Can I get FHBG benefits in St Leonards? Properties in St Leonards typically exceed the $800,000 threshold for full stamp duty exemption, but first home buyers purchasing between $800,000-$1,000,000 may still receive partial stamp duty concessions on off-the-plan purchases. Investment Q 12 . What are the school catchment zones in St Leonards? St Leonards is serviced by several quality schools. The area is serviced by local public primary and secondary schools, with several private school options within a short commute. Families should verify current catchment boundaries with the NSW Department of Education. Schools Information Verified: December 2025 • Sources: CoreLogic RP Data, Domain Group, NSW Property Data • Next Review: March 2026 $300M+ Settled CPA Practice Licensed Real Estate Agency Est. 2001 Interested in St Leonards ? Tell us your situation and we'll send personalised St Leonards insights — property, finance, and tax strategy in one conversation. Speak With a St Leonards Specialist Our team has helped hundreds of buyers in St Leonards. Median price: $840,000. What best describes your situation? Buying my first home Ready to start Looking for an investment Exploring options Upgrading or downsizing Planning a move Need home loan advice Finance first Thinking of selling Want an appraisal Just researching Early stage
St Leonards’ tight 1.8% vacancy rate means strong competition and quick sales for apartments.
Median unit prices have surged 28% over five years, reflecting ongoing demand and location prestige.
Over half the suburb’s residents are renters, fueling a dynamic apartment market.
Walkability and transport access (score: 85/100, 9/10) make car-free living realistic for many.
Ongoing development brings both choice and short-term disruption — factor this into your buying decision.
Premium prices reflect not just the postcode, but the proximity to jobs, hospitals, and amenities.
The Apartment Market in St Leonards — What the Numbers Really Tell You
What we've observed over 26 years is that St Leonards’ apartment market is shaped by its unique balance of strong demand, premium pricing, and exceptional rental performance. The median unit price has recently reached $1,150,000, with a robust 6.2% annual growth and a five-year gain of 28%. Rental yields are typically healthy here (currently around 4.2%), and vacancy rates remain very tight at just 1.8%. For buyers, this means competition can be fierce — low vacancy and a steady influx of professionals translate to properties moving quickly, often within just over a month on market. Those looking to purchase should be prepared for competitive offers and, in some cases, to stretch their budget to secure a quality apartment, especially in new or well-located complexes.
- Strong price growth (6.2% p.a.) and above-average yields make St Leonards attractive for both occupiers and investors.
- Consistently low vacancy rates signal high rental demand — expect competition for well-located apartments, especially near St Leonards Station or the hospital precinct.
- Buyers should be mindful of the impact of new apartment supply, which can affect short-term pricing and rental trends, though long-term fundamentals remain solid.
Who Lives Here & What That Means for Apartment Demand
Buyers we work with often ask about the people drawn to St Leonards. In our experience, the suburb’s appeal is anchored in its youthful, highly educated, and diverse population. The median age is just 35, and over half of residents are professionals, many working in healthcare or corporate sectors nearby. With 52% of dwellings rented and nearly half the population born overseas, there’s an ongoing demand for modern, low-maintenance apartments. This demographic mix supports a vibrant rental market and underpins long-term owner-occupier demand, particularly among young couples, small families, and downsizers seeking proximity to amenities.
- High proportion of renters (52%) keeps the apartment market dynamic and less prone to stagnation.
- Demand is especially strong for 1- and 2-bedroom apartments with good transport links and access to local dining or retail.
Lifestyle & Transport — The Apartment Buyer's Trade-offs
St Leonards is, in our view, one of the Lower North Shore’s most convenient suburbs for apartment living. With a walkability score of 85/100 and a stellar public transport rating (9/10), day-to-day life is made easier by proximity to St Leonards Station (direct CBD trains), the Royal North Shore Hospital, and dozens of cafes and restaurants. However, high density and ongoing construction mean green space is limited, with just four main parks. For families, schools are rated well (8/10), but buyers seeking expansive outdoor areas may need to look further afield. The suburb offers prestige and convenience, but with a price premium and some urban ‘buzz’ to factor in.
- Outstanding transport access is a major draw, but be mindful of construction-related disruption in some precincts.
- Walkability and local amenities make car-free living viable for many apartment residents.
- Limited green space may be a consideration for buyers with young children or pets.
What Buyers We Work With Often Ask About St Leonards
One of the most common questions is around value for money — are St Leonards apartments ‘worth it’ given the high entry price? In our experience, buyers pay a premium here for location, amenity, and future growth prospects. While affordability is a real challenge, the area’s underlying fundamentals (employment, transport, lifestyle) have supported steady capital appreciation and rental security over time.
Another frequent concern is about oversupply and construction. We’ve seen new developments come online, but demand from professionals and medical staff has kept vacancy low. If you’re buying off-the-plan, pay close attention to build quality and developer reputation.
Finally, buyers often want to know if St Leonards is suitable for families or downsizers. While most apartments cater to singles and couples, there are increasingly options for larger floorplans and luxury finishes, especially in newer towers. The suburb’s safety and walkability are definite pluses for all life stages.
This is general information based on patterns we've observed across 26 years of CPA and licensed real estate practice. It is not personal financial advice. Always seek professional guidance tailored to your circumstances.
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Frequently Asked Questions About St Leonards
What is the median apartment price in St Leonards?
What rental yield can I expect in St Leonards?
Is St Leonards a good suburb for first home buyers?
What is the capital growth forecast for St Leonards?
How far is St Leonards from Sydney CBD?
What are the best streets to buy in St Leonards?
Does St Leonards have good public transport?
What types of apartments are available in St Leonards?
Is St Leonards safe and family-friendly?
What are the strata fees in St Leonards?
Can I get FHBG benefits in St Leonards?
What are the school catchment zones in St Leonards?
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