Suburb Profile Report for Leopold VIC (3224)

Leopold House: Median price $405,000, Annual capital growth 4.32%, Number of sales 253, Weekly median advertised rent $350

Leopold Unit: Median price $295,000, Annual capital growth 3.64%, Number of sales 41, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Leopold has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.96% to date .

Over the longer term, Leopold has seen property prices show investors a 14.08% return over the last 3 years. This is worse than over the last 12 months

At number 428th of VIC’s most discounted properties, Leopold is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Leopold is 185th on a list of best yielding suburbs for rents in VIC with a 4.49% return

Over the last year, property investments in Leopold, 3224 have given investors a capital gain of 1.81%. This compares averagely with the 3.11% for VIC as a whole.

If we look at median property appreciation over just the last three months, Leopold has given property investors a paper return of 0.00%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in VIC

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 Leopold, 3224. Typically our figures indicate that -5.80% is being offered, which puts this VIC suburb at 550th most discounted overall in Australia.

In the last year 41 properties changed hands in Leopold, which puts it as the 210th most active market in VIC when comparing the number of sales per suburb.

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

HOUSE UNIT
$405,000 $295,000
2.53% 0.00%
10.96% 1.81%
4.32% 3.64%
$350 $300
253 41
4.49% 5.29%
76.28 102.17

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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Recent sales & rentals