Suburb Profile Report for St Leonards VIC (3223)

St Leonards House: Median price $430,000, Annual capital growth 5.38%, Number of sales 117, Weekly median advertised rent $305

St Leonards Unit: Median price $310,000, Annual capital growth 5.64%, Number of sales 17, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in St Leonards, 3223 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.67%.

While St Leonards,3223 ranked number 412th in VIC for increase in median house value (annualised) increase, it is ranked 533th over the last 5 years.

Vendor discounting in St Leonards is giving property investors an average Vendor Discount of around -7.04%. This puts suburb at number 160th in VIC when ranking the most discounted suburbs.

On average over the past year, suburb has had 9.75 sales per month, which equates to 117 per year.

The VIC suburb of St Leonards, 3223 is in the Greater Geelong local government area.

At number 1685th in the list of Australian suburbs ordered by increase in median house value over the last year, St Leonards, 3223 is in the BOTTOM 10% with a property value increase of -18.95% recorded in median house prices.

Taking the average capital gain, or increase in median house value, St Leonards,3223 has racked up an average of -18.95% over the period. This ranks it number 1237th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in St Leonards, 3223. Typically our figures indicate that -3.72% is being offered, which puts this VIC suburb at 1155th most discounted overall in Australia.

With the median price for a house in St Leonards being $310000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 4.78%

HOUSE UNIT
$430,000 $310,000
1.18% N/A
14.67% -18.95%
5.38% 5.64%
$305 $285
117 17
3.69% 4.78%
112.45 55.45

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2000
Median household income ($/weekly) 730
Median age of persons 53
Median housing loan repayment ($/monthly) 1560
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 214 10.7
    45-54 years 256 12.8
    55-64 years 375 18.8
    65-74 years 320 16.0
    75-84 years 211 10.6
    Others 624 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 837 54.8
    Not Married 568 37.2
    Defacto Relationship 122 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1574 83.1
    Hong Kong 32 1.7
    Japan 36 1.9
    United Kingdom 103 5.4
    Other 29 1.5
    Others 119 6.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1258 69.5
    No Religion 525 29.0
    Buddhism 19 1.1
    Other Religious Groups 4 0.2
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 10.5
    $400-$599 152 19.5
    $600-$799 120 15.4
    $800-$999 86 11.0
    $1,000-$1,249 74 9.5
    Others 265 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 918 56.5
    Employed, worked full-time 354 21.8
    Employed, worked part-time 238 14.7
    Unemployed, looking for work 60 3.7
    Employed, away from work 54 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 95 14.7
    Technicians & trades workers 111 17.2
    Community & personal service workers 73 11.3
    Sales 82 12.7
    Labourers 90 14.0
    Others 194 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 31 9.8
    Infants/Primary 115 36.3
    Secondary 95 30.0
    Technical or Further Educational Institution 32 10.1
    University or other Tertiary Institutions 28 8.8
    Others 16 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1674 91.3
    Flat, unit or apartment 91 5.0
    Semi-detached, row or terrace house, townhouse 64 3.5
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 414 50.1
    Rented 222 26.8
    Being purchased 191 23.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals