Leopold at a glance
Median house
$675,000
Median unit
$500,000
Walk score
0
Very car dependent
Population
13.3k
Median age 41
The brief
What to know about Leopold.
The postcode for Leopold is 3224 (VIC).
The median house price in Leopold is $675,000.
Leopold (3224) sits in the Greater Geelong region of Victoria. The median house here is $675,000, below the Victoria median of around $850K.
Leopold has roughly 13,272 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare Leopold with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Nearby suburbs
Day to day
What it’s like to live here.
Leopold scores 0/100 on walkability, which makes it car-dependent with workable public transport options. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Geelong Racecourse station, 83.9km away.
Schooling within or near the suburb covers 10 government primary, 4 government secondary, 6 Catholic.
Who lives here
Demographics.
The 2021 Census put Leopold's population at 13,272, with a median age of 41. That sits as a typical family-age mix. Households are predominantly owner-occupied (79% own, 18% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (74% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
13,272
Median age
41
Family households
74%
Lone person
24%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $675,000 on a typical sale, below the Victoria median. Units come in around $500,000, roughly 26% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $135,000. Prices are below the Victoria median, which keeps Leopold on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$675,000
+0.0% over the past year. Median unit price $500,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$370/wk
Weekly rent (unit)
$375/wk
Owner occupied
79%
Renter occupied
18%
At a deeper level
$675,000
$500,000
13,272
Median age: 41
Free appraisal
What’s your home worth in Leopold?
A local agent who actually sells in Leopold will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Free guide · 2026 edition
Thinking of selling in Leopold?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to Leopold, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in Leopold?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for Leopold
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 2.85% (median rent $370/wk against a $675,000 price tag). Units yield 3.90% gross, often the better cash-flow play for first-time investors. Renter share is modest (18%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.85%
Based on $675,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.90%
Based on $500,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202679%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
409
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
100
35
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Leopold.
Local schools for Leopold
View the catchment for each school to find out more.
Government School Catchment
Leopold Primary School
Wallington Primary School
Moolap Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
25.6°C
Coldest Month (avg min)
3.0°C
Monthly Rainfall (mm)
Weather data from BOM station Geelong Racecourse (84 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Leopold.
- What is the median house price in Leopold?
- The median house price in Leopold, VIC 3224 is $675,000. The median unit price is $500,000.
- What is the Leopold postcode?
- Leopold is in the 3224 postcode, in VIC, in the City of Greater Geelong region.
- Where is Leopold?
- Leopold is a regional suburb in VIC, postcode 3224, in the City of Greater Geelong region.
- What is the average rent in Leopold?
- The median weekly rent for houses is $370, for units it's $375.
- What schools are in Leopold?
- There are 20 schools serving Leopold on this page, including Leopold Primary School, Wallington Primary School, Moolap Primary School.
- How walkable is Leopold?
- Leopold has a Walk Score of 0 out of 100, highly car-dependent. transit score 100, bike score 35.
- What suburbs are near Leopold?
- Leopold is close to Moolap, Moolap, Wallington, Wallington, Curlewis.
- What is the population of Leopold?
- The population of Leopold is approximately 13,272 (2021 Census). The median age is 41.
For Sale
Leopold
Buying
Selling
Surrounding Suburbs
Side by side
Compare Leopold vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in Leopold?
The complete selling guide, personalised to Leopold: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide