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Suburb profile ·Greater Geelong LGA · VIC ·3223

St Leonards VIC 3223

St Leonards is in Greater Geelong LGA, VIC, postcode 3223, with population 3,542.

The read

Growth-momentum

There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.

$690K
-4.2% YoY
2014 → 2025 · 12 periods
ABS + state medians
$805K
$357K
2014 2025
Why it fits

Population movement supports a growth-led read. Transport coverage adds a practical access signal.

Median house
$690K
House median, latest period
4.2%YoY D4 vs AU
Median rent
$500/wk
Rent context available
D10 vs AU
Gross yield
3.8%
Below investor band
D10 vs AU
Population
3,542
4K local footprint
D9 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
2,365
160 added 12mo · 14MW

Price history

HousesUnitsVacant land

Trend & investor depth

Indicative cashflow-$273/wk (-$14,172/yr) · interest-only @ 6.1%, 80% LVR

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.

Affordability

Buying
11.2x
median home price as a multiple of annual household income
Stretched
Renting
42%
median weekly rent as a share of gross household income (the 30% rule)
High stress

Owners with a mortgage repay a median of $1,654/mo, while renters pay about $2,167/mo — renting runs $513/mo higher on these medians.

Median price
$690K
Household income · yr
$62K
Median rent · wk
$500
Owner mortgage · mo
$1,654
Gross yield
3.8%

Household income

$62K household · yr-25.3% vs VIC suburb median
Personal
$33K
Family
$74K
Household
$62K

Growth outlook · Greater Geelong LGA

Dwellings
+39.1%
120,820 → 168,120
+47,300 dwellings
Population
+35.8%
270,770 → 367,670
Households
+39.2%
110,010 → 153,110

LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.

Schools

Total1
Avg ICSEA970
Students173
Government1
  • St Leonards Primary SchoolPrimary · Government · ICSEA 970
Crime Year ending Dec 2025
25,574
8,641 per 100k
D9 vs AU

Crime

Rate · per 100k8,641
Total incidents25,574· Year ending Dec 2025
  • Assault2,11746%
  • Sexual Offences75217%
  • Robbery982%
  • Break And Enter1,58735%

Full data detail

St Leonards VIC — Property Data and Demographics

Located in Victoria within the Greater Geelong local government area, St Leonards is a smaller residential area (postcode 3223). It is home to about 3,542 residents, with an older demographic and a median age of 56. Households earn a median income of $62K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.

St Leonards has a median house price of $690,000, which has moved lower by 4.2% year-on-year. Units have a median price of $494,000 (-13.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,654.

St Leonards is served by 1 school, including 1 primary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.

From an investment perspective, The gross rental yield works out to roughly 3.8%, which reads as moderate yield. Property prices are near the state median ($690K/$875K). The price-to-income ratio of 11.2x is considered stretched. House prices have moved -4.2% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield3.8%· Moderate Yield
Price vs State$690K/$875K· Near Median
Affordability11.2x Stretched
Price Momentum-4.2% Falling
Pop. Growth+2.2% Strong Growth
Development+0%· Steady
InvestmentVIC
Mortgage · mth$1,654
Rent · wk(Census)$350
Market rent · wk(Sep 2025)$500
Gross yield2.6%
Price / income11.2x
Population growth · Greater Geelong LGAABS ERP
Population (2025)295,052
5-year growth+2.1% CAGR
YoY change+2.2%
20012025
Development · Greater Geelong LGAABS Approvals
Approvals (2026)2,231
Houses1,862
Units369
YoY change+0%
Employment · Greater Geelong LGASALM
Unemployment (Dec-25)4.6%
YoY change-0.1pp
Dec-10Dec-25
Property investors · Postcode 3223ATO
Negatively geared346 (6.1% of filers)
Avg rental loss$7,208/yr
Landlords (rental income)821
Reported capital gains659
People & prosperity
DemographicsCensus 21
Population3,542
Median age56
Household size2.1
HH income · wk$1,183
Personal income · wk$629
Persons / bedroom0.6
SEIFA indexABS
Advantage (IRSAD)4/10
Education (IEO)5/10
Economic (IER)4/10
Disadvantage (IRSD)4/10
Area & amenity
Local amenitiesOSM
Supermarkets1
Pharmacies1
GP / clinics0
Fuel stations0
Cafes & dining7
iga1
TransportGTFS
Bus stops27
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Sources & freshness
Strong evidence

There is enough direct local evidence on St Leonards for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2025 · DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
medium stability · manual file · every update · quarterly
Available
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
Available
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 27 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

St Leonards FAQ

Common questions
  1. What LGA is St Leonards in?

    St Leonards is in the Greater Geelong Local Government Area, VIC, postcode 3223. Council-level context for Greater Geelong LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in St Leonards?

    The current median house price in St Leonards, VIC is $690K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in St Leonards?

    The median weekly rent in St Leonards is $500/wk, based on the current market rent dataset. The current rent signal is rent context available.

  4. What does the rent signal say about St Leonards?

    Rent context available: St Leonards has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is St Leonards a good investment?

    QuickProperty's investment signals for St Leonards show: Moderate Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for St Leonards?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the St Leonards data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.