Leopold

Leopold, VIC 3224 is a growing suburb with a population of 13,272, experiencing a steady population growth over the years. The suburb has a diverse age group distribution, with a significant number of residents falling in the age group of 5 to 44 years. The median household income is $1,589 weekly, and the median mortgage repayment is $1,603 per month. The suburb offers various commuting options, with a notable number of residents working from home. For house investors, Leopold presents a suburb with a good median sale price, moderate rental yield, and a healthy market absorption rate. The suburb has shown consistent growth in median house prices over the past years, making it potentially lucrative for long-term investment. The high room demand-supply ratio indicates good potential for renting out rooms to increase rental yield. For unit investors, the suburb offers a lower entry price point with a moderate rental yield and high room demand-supply ratio, providing opportunities for steady rental income. Leopold, VIC 3224 is a suburb with a growing population and a diverse age group distribution. With a good mix of professionals, technicians, and community service workers, the suburb offers a balanced lifestyle. Investors looking at houses can benefit from the consistent growth in median prices and moderate rental yield, while unit investors can capitalize on the lower entry price point and high room demand-supply ratio. The suburb's educational advantage is moderate, making it suitable for families looking for quality education options. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022