Suburb Profile Report for Leopold VIC (3224)

Leopold House: Median price $425,000, Annual capital growth 5.12%, Number of sales 242, Weekly median advertised rent $360

Leopold Unit: Median price $295,000, Annual capital growth 3.23%, Number of sales 33, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Leopold, 3224 have given investors a capital gain of 7.59%. This compares badly with the 11.00% for VIC as a whole.

While Leopold,3224 ranked number 339th in VIC for increase in median house value (annualised) increase, it is ranked 431th over the last 5 years.

Sellers are offering property buyers an average discount of -4.59% to buyers in Leopold at the moment, which is less than average for the rest of VIC.

At number 1303 in a list of fastest selling suburbs, Leopold is in the TOP 40% of suburbs in Australia with an average of days on market 61.93 for properties listed there.

Situated 60.44km from the CBD, Leopold is one of Greater Geelong localities in the postcode 3224.

Leopold is in the bottom 20% in VIC when comparing median price capital growth over the last year. Leopold gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.84%.

Leopold3224 is located in VIC which offers an average discount of -4.68% to property investors. Leopold itself is showing figures that indicate -4.14% is the average achievable by property buyers investing in the suburb.

The VIC suburb of Leopold, 3224 is in the Greater Geelong local government area.

Metrics i HOUSE UNIT
$425,000 $295,000
2.41% N/A
7.59% -4.84%
5.12% 3.23%
$360 $310
242 33
4.40% 5.46%
61.93 108.32

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10111
Median household income ($/weekly) 1191
Median age of persons 39
Median housing loan repayment ($/monthly) 1565
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1394 13.8
    25-34 years 1205 11.9
    35-44 years 1408 13.9
    45-54 years 1325 13.1
    55-64 years 1195 11.8
    Others 3584 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 4237 57.6
    Not Married 2440 33.2
    Defacto Relationship 681 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 8486 86.8
    Japan 93 1.0
    Papua New Guinea 101 1.0
    United Kingdom 558 5.7
    Other 106 1.1
    Others 433 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 64 0.7
    Christianity 6666 71.7
    Islam 40 0.4
    Other Religious Groups 22 0.2
    No Religion 2490 26.8
    Others 13 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 369 11.3
    $600-$799 348 10.6
    $800-$999 338 10.3
    $1,500-$1,999 523 16.0
    $2,000-$2,499 355 10.8
    Others 1345 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2906 37.3
    Not in the labour force 2744 35.2
    Employed, worked part-time 1642 21.1
    Employed, away from work 299 3.8
    Unemployed, looking for work 202 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 732 15.1
    Technicians & trades workers 935 19.3
    Community & personal service workers 565 11.7
    Clerical & administrative workers 697 14.4
    Sales 552 11.4
    Others 1366 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 179 7.6
    Infants/Primary 880 37.6
    Secondary 702 30.0
    Technical or Further Educational Institution 259 11.1
    University or other Tertiary Institutions 236 10.1
    Others 85 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8885 93.5
    Flat, unit or apartment 384 4.0
    Caravan, cabin, houseboat 141 1.5
    Semi-detached, row or terrace house, townhouse 97 1.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1619 45.3
    Fully owned 1416 39.6
    Rented 498 13.9
    Other tenure type 44 1.2
    Tenure Type
Census 2011, ABS
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