Greater Geelong · 3224
Leopold, VIC
population +7.8% (5y), 7.1%/yr capital growth.
NextSuburb scoreTier C
48Average
Median house
$718k
5y growth
7.1%/yr
Gross yield
2.7%
Vacancy
2.4%
Stable entry · room to scaleHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)7.1%/yr71/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.7%54/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability52% under cap52/100
Why this score
Leopold scores 48/100 (Average). The two strongest signals: 7.8% population growth over five years and 7.1%/yr capital growth over five years. The standout watch-out: no major construction project was found within the suburb's catchment.
Drivers
- Population growth+7.8% (5y)
- Capital growth7.1%/yr
Risks
- No major construction project in this state
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub55.4 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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