Town by Town Snapshot: Leopold

The size of Leopold is about 26.9 square kilometres and has 17 parks covering nearly 2.7 per cent of total area.

The population of Leopold in 2011 was 10,111 people and by the 2016 Census the population was 12,810 showing a population growth of 26.7 per cent in the area during that time.
There has been significant population growth in Leopold since the last Census with thousands more making this suburb home, predominately young families.
Leopold’s origins began when 526 hectares of land was subdivided in 1852 and offered for sale as the “Princely Domain of Kensington”.
A neighbouring estate at Moolap was subdivided and named Flemington, presumably inspired by the association between Flemington and Kensington, the Melbourne suburbs. Settlers depended on the Anglican church and school in Hays Road, Point Henry, established in 1849-50.
Leopold continued as a rural community until the 1960s when industrial development at Moolap and Point Henry made Leopold a convenient dormitory suburb.
Its population doubled during 1961-71 and doubled again during 1971-81.
The predominant age group in Leopold is 0-9 years with households in Leopold being primarily couples with children and are likely to be repaying $1,400-$1,799 per month on mortgage repayments, and in general, people in Leopold work in a trades occupation.
In 2011, 83.1 per cent of the homes in Leopold were owner-occupied compared with 79 per cent in 2016.

TIDBIT: The town was called Kensington before it was renamed Leopold in 1892, after Queen Victoria’s son, the Duke of Albany.

Population: 12,810
Male: 48.3%
Female: 51.7%
Median age: 39
5 year population change: 26.7%
Median house price: $520,000
Change in Median Price: (5yrs) is 44.2%
Median asking rent per week: $400
Average length of ownership: 10 years
Owner occupiers: 82%
Renters: 18%

Historic median house price:
April 2020: $520,000
April 2019: $496,000
April 2018: $460,000
April 2017: $410,000
April 2016: $378,000

House sales per annum:
Period ending April 2020: 225
Period ending April 2019: 231

Land median sale price:
April 2020: $435,000
April 2019: $275,000

Land sales per annum:
Period ending April 2020: 6
Period ending April 2019: 24