If you compare the increase in value of investment property in St Leonards, 3223 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.67%.
When looking at the potential capital gains offered to property investors over the last 3 years, St Leonards comes in at number 394th in VIC.
Sellers are offering property buyers an average discount of -7.80% to buyers in St Leonards at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 9.25 sales per month, which equates to 111 per year.
Situated 46.23km from the CBD, St Leonards is one of Greater Geelong localities in the postcode 3223.
Over the last year, property investments in St Leonards, 3223 have given investors a capital gain of -13.15%. This compares very badly with the 4.09% for VIC as a whole.
Across a shorter period, St Leonards, 3223 has seen a median price increase of -6.14% over the last quarter.
Property buyers and investors in St Leonards 3223 should be seeing an average reduction in asking price of around -3.34% . This means that St Leonards is holding prices well when compared to other suburbs in VIC.
At number 330 in a list of fastest selling suburbs, St Leonards is in the TOP 30% of suburbs in Australia with an average of days on market 52.5 for properties listed there.