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Leopold
AREA REPORTS

Leopold

Leopold - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3224

house
unit

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 23.36%.

A steady increase in median property prices over a five-year period in the suburb translates to a 33.33% capital gain.

Property investors in LEOPOLD enjoyed capital gains of 23.36% 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 $660,000.

Profits due to an upward trend in home prices there averaged 11.11% per annum over a 3-year period.

Home owners selling their properties and realtors in LEOPOLD usually have to wait an average of 25.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $445 mark, reflecting a 3.51% increase in returns based on the current median price in LEOPOLD.

LEOPOLD, 3224 places 203rd in Australia based on median property value growth during the quarter.

Data report can be found below

Leopold
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $469,250
GROWTH REPORT
Median Quarterly 6.02% 3.23%
Median 12 month 23.36% 13.07%
Median 3 years 33.33% 33.69%
Median 5 years 62.96% 59.07%
10 years average annual 7.05% 5.17%
Weekly media advert. rent $445 $381
Time on Market 25.6 days 33.8 days
Gross Rental Yield Percent 3.51% 4.22%
demographics (median values)*
Total Population
14187
Weekly Household Income
1334
Household Size
2.60
Age
40
Monthly Loan Repayment
1582
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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