Leopold has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.59% to date .
The five-year average increase in median property values for Leopold,3224 has given property investors a potential capital gain of 32.39% across each of those five years.
Our latest figures would indicate that property sellers in Leopold are currently offering property investors an average price cut of -3.80% below the asking price at the moment.
On average over the past year, suburb has had 18.00 sales per month, which equates to 216 per year.
If you compare the increase in value of investment property in Leopold, 3224 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.95%.
While Leopold,3224 ranked number 104th in VIC for increase in median house value (annualised) increase, it is ranked 192th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Leopold itself are offering an average vendor discount of -4.56% to real estate investors.
Advertised rents are around the $320 mark per week – giving a return of 4.82% based on the median price in Suburb