St Leonards VIC

Postcode 3223 · Greater Geelong LGA

St Leonards is a smaller suburb in Victoria within the Greater Geelong local government area (postcode 3223). With a population of 3,542, the suburb has an older demographic with a median age of 56. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in St Leonards is $720,000, having declined 4.3% over the past year. Units have a median price of $570,000 (-20.3% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 3.3%. 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, St Leonards offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($720K/$875K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved -4.3% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.3% Moderate Yield
Price vs State$720K/$875K Near Median
Affordability11.7x Stretched
Price Momentum-4.3% Falling
SEIFA INDEX (ABS)
Advantage4/10
Education5/10
Economic4/10
Disadvantage4/10
MEDIAN HOUSE
$720K
-4.3% YoY
MEDIAN UNIT
$570K
-20.3% YoY
MEDIAN RENT /WK
$350
POPULATION
3,542
DEMOGRAPHICS
Median Age56
Household Size2.1
HH Income /wk$1,183
Personal Income /wk$629
Mortgage /mth$1,654
CRIME (Greater Geelong LGA)
Crime Rate (per 100k)8,641
Total Incidents25,574
TRANSPORT
Bus Stops27
SCHOOLS (1)
Avg ICSEA970
Total Students173
Government1
St Leonards Primary SchoolPrimary · Government · ICSEA 970
Data: 2024