Suburb Profile Report for Leopold VIC (3224)

Leopold House: Median price $515,000, Annual capital growth 5.14%, Number of sales 231, Weekly median advertised rent $410

Leopold Unit: Median price $395,000, Annual capital growth 4.79%, Number of sales 30, Weekly median advertised rent $345

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Leopold has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.26%

If we look at median property appreciation over just the last three months, Leopold has given property investors a paper return of 0.98%. This puts Suburb as 427 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Leopold is $515000, with sellers offering an average of -6.59% off the asking price.

A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.14%, without taking into account capital value appreciation, which has been averaging out at 5.14%.

Leopold, 3224 ranked 135th in VIC when comparing growth in median property values or capital gain over the last 12 months. Leopold is one of 2099 in our list for VIC

A 37.63% growth in median value for property investors in Leopold,3224 puts this suburb at number 179th in terms of best performing suburbs in VIC

Situated 60.14km from the CBD, Leopold is one of Greater Geelong (C) localities in the postcode 3224.

Metrics i HOUSE UNIT
$515,000 $395,000
0.98% 1.28%
3.26% 8.22%
5.14% 4.79%
$410 $345
231 30
4.14% 4.54%
71.9310344827586 61.5909090909091

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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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