Thinking about buying in Leopold? Now could not be a better time, with 7249 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $946,000 with prices in this suburb ranging from $40,000 to $5,862,000. Leopold is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $361.68 |
Median Monthly Mortgage | $1602.00 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.60 |
Average Age | 43.16 |
Average Income | $747.32 |
Average Cars Per Dwelling | 1.98 |
Average Properties Within 50M | 12 |
1 Bed  $604,000 |
2 Bed  $562,000 |
3 Bed  $784,000 |
4 Bed  $964,000 |
5 Bed  $1,276,000 |
6 Bed+$1,771,000 |
Consistent high demand relative to supply is a key feature in Leopold driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Leopold are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Leopold changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Leopold to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Leopold we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Leopold a better buying opportunity than it may have been in the past.
2-10 DOUGLAS ST, LEOPOLD, VIC, 3224 | 3 | 2 | 4 | For Sale $1,475,000 - $1,575,000 | |
24 DONVALE DR, LEOPOLD, VIC, 3224 | 3 | 2 | 2 | For Sale $670,000-$720,000 | |
10 ARDEN AV, LEOPOLD, VIC, 3224 | 3 | 1 | 2 | $500,000-$530,000 | |
26 CARMICHAEL CT, LEOPOLD, VIC, 3224 | 4 | 2 | 4 | 640000 | |
14 CRESTA ST, LEOPOLD, VIC, 3224 | 4 | 1 | 2 | 570000 | |
5 BARDOO CT, LEOPOLD, VIC, 3224 | 4 | 2 | 3 | 600000 | |
32 ARDEN AV, LEOPOLD, VIC, 3224 | 3 | 2 | 2 | 690000 |
Leopold Primary School
Wallington Primary School
(While the above schools are located with the suburb of Leopold there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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