AREA REPORTS

Leopold

Suburb Profile

Leopold - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3224

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Homeowners and real estate investors betting on LEOPOLD, 3224 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.94%.

A steady increase in median property prices over a five-year period in the suburb translates to a 33.8% capital gain.

Property investors in LEOPOLD enjoyed capital gains of 12.94% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $480,000.

Profits due to an upward trend in home prices there averaged 11.27% per annum over a 3-year period.

Home owners selling their properties and realtors in LEOPOLD usually have to wait an average of 36.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $370 mark, reflecting a 4.01% increase in returns based on the current median price in LEOPOLD.

LEOPOLD, 3224 places 113th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,000 $348,000
GROWTH REPORT
Median Quarterly 4.35% 3.88%
Median 12 month 12.94% 17.97%
Median 3 years 33.8% 18.97%
Median 5 years 35.21% 27.94%
10 years average annual 5.17% 4.47%
Weekly media advert. rent $370 $320
Time on Market 36.0 days 41.3 days
Gross Rental Yield Percent 4.01% 4.78%
demographics (median values)
Total Population
8748
Weekly Household Income
1071
Household Size
2.70
demographics
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