Leitchville is a small locality in Victoria within the Gannawarra local government area (postcode 3567). The area has roughly 576 residents and a mature demographic, with a median age of 50. Households earn a median income of $54K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Leitchville is $304,000, having risen steeply by 33.6% over the past year. The current median weekly rent is $323. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $867.
Leitchville is served by 1 school, including 1 primary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Gannawarra LGA is moderate at 7,671 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 5.5%, which reads as high yield. Property prices sit below the state median ($304K/$850K), which can point to relative value. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +33.6% year-on-year. Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.