VIC has seen average median house prices change by 7.80% which means that Leopold, 3224 has done well for property investors by showing a capital gain of 7.19% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Leopold comes in at number 512th in VIC.
Property investors looking for a bargain in Leopold should be aiming for at least -5.10% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 60.42km from the CBD, Leopold is one of Greater Geelong localities in the postcode 3224.
With a capital gain of 0.68% for the last 12 months, Leopold, 3224 has performed for property investments than its average annual 3.70% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Leopold,3224 has racked up an average of 0.68% over the period. This ranks it number 1137th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Leopold is $295000, with sellers offering an average of -5.54% off the asking price.
Often selling an investment property can take time, and in Leopold the average time real estate has been on the market is 94.18 days.
Leopold is 66th on a list of best yielding suburbs for rents in VIC with a 5.11% return