Suburb Profile Report for Leopold VIC (3224)

Leopold House: Median price $407,000, Annual capital growth 4.39%, Number of sales 251, Weekly median advertised rent $350

Leopold Unit: Median price $295,000, Annual capital growth 3.59%, Number of sales 38, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Leopold have tracked just higher than the VIC average of 8.12% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Leopold has increased when compared to the 5 year average annual rate.

At number 405th 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.

At number 1641 in a list of fastest selling suburbs, Leopold is just in the top half of suburbs in Australia with an average of days on market 76.39 for properties listed there.

Leopold, 3224 ranked 242th in VIC when comparing growth in median property values or capital gain over the last 12 months. Leopold is one of 2098 in our list for VIC

Property buyers and investors in Leopold 3224 should be seeing an average reduction in asking price of around -5.49% . This means that Leopold is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$407,000 $295,000
2.26% N/A
10.90% -0.17%
4.39% 3.59%
$350 $300
251 38
4.47% 5.29%
76.39 102.05

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Leopold VIC
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
Chart Table
Recent sales & rentals