Leopold
Suburb profile, market snapshot and recent listings for Leopold, VIC 3224.
About Leopold
Welcome to Leopold
Leopold sits on the Bellarine Peninsula, around 12 kilometres south-east of Geelong's CBD and within easy striking distance of Melbourne via the Princes Highway and Bellarine Highway. It's a suburb that has grown steadily from its rural roots into a substantial residential area, now home to more than 13,000 people, while still keeping one foot in the paddocks and wetlands that separate it from neighbouring Moolap and Corio Bay.
With a median age of 41, Leopold tends to attract families and downsizers who want the space and affordability of a Bellarine address without giving up proximity to Geelong's jobs, hospitals and schools. It's a practical, unpretentious suburb — the kind of place where the shopping centre car park is full on a Saturday morning and the local footy club is a genuine community hub.
Lifestyle & dining
Leopold's day-to-day life revolves around its local shopping and community facilities rather than a buzzing café strip, which suits residents who prefer convenience over crowds. The Leopold Shopping Centre anchors the suburb with a supermarket and a run of specialty stores, cafés and takeaway options, meaning most errands can be ticked off without a drive into Geelong. For those wanting a bigger night out, waterfront dining and bars in Geelong and the beaches of the Bellarine Peninsula are only a short drive away.
Getting around
Leopold is well served by road, with the Bellarine Highway running through the area and the Princes Highway close by, giving quick access to Geelong, the Ring Road and, from there, the Melbourne-bound freeway. Buses connect Leopold to Geelong's train station, from where V/Line services run regularly into Melbourne, making a car-free commute workable, if not the fastest option. For most residents, however, a car remains the practical choice, with Geelong's CBD, Waurn Ponds and the Bellarine's beach towns all within a 15 to 25 minute drive.
Schools & families
Leopold Primary School is the local anchor for younger families and a genuine focal point of the community, with the kind of enrolment patterns typical of an established suburban school. Older students generally head into Geelong or nearby Bellarine towns for secondary options, a short bus or car trip away. The suburb's family-friendly reputation is reflected in its mix of housing, with plenty of three and four-bedroom homes suited to households at different life stages.
Parks & recreation
Leopold benefits from its position near Lake Lorne and the wetlands and foreshore around Moolap and Corio Bay, giving residents easy access to walking tracks, birdlife and open space without leaving the area. Local sporting clubs, ovals and recreation reserves give the suburb a strong grassroots sport culture, from junior football and cricket to community fun runs. The broader Bellarine Peninsula, with its beaches, wineries and coastal walks, is close enough for regular weekend trips.
Housing & architecture
The current mix of listings in Leopold — around 79% houses, 14% land, 6% apartments or units and 1% townhouses — points to a suburb still dominated by standalone homes on suburban blocks, with a healthy supply of vacant land reflecting ongoing new estate development. Styles range from older brick-veneer homes from Leopold's earlier growth phases through to newer builds in recently developed pockets, giving buyers a genuine spread of price points and architectural eras to choose from.
The property market
Leopold's median house price currently sits at $665,000, having climbed 8.1% recently, a sign of solid, sustained buyer interest in this part of the Bellarine. Units and apartments, which make up a much smaller share of the market, carry a median of $523,000, offering a lower entry point for buyers not wanting a full-sized block. Renters can expect to pay a median of $510 a week, reflecting steady demand from tenants drawn by Leopold's affordability relative to Geelong proper and its easy access to the wider Bellarine Peninsula. With land still available for new builds alongside an established resale market, Leopold offers reasonably flexible entry points for first-home buyers, upgraders and investors alike.
Market snapshot
Leopold property market
Median sale price
$665k
House · 3 bed
Median rent
$510
per week
Gross rental yield
4.0%
annual rent ÷ sale price
Typical price range
Entry
$535k
Median
$665k
Premium
$815k
Days on market
21
Auction clearance
0%
Sold this year
145
Median sold price trend · House 3 bed
Compound growth +0.7% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Leopold by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Leopold, VIC 3224.
Population
13,272
residents (2021)
Median age
41
years
Household income
$1,589
median, per week
Median rent
$375
per week
Median mortgage
$1,603
per month
Mortgage / income
23%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Leopold
Government school catchment
Recent results
Recently sold in Leopold
$825k
9 Koonangurt Road
Sold ~July 2026
$368k
28 Perez Circuit
Sold ~July 2026
$743k
3 Trumper Crescent
Sold ~July 2026
$780k
59 Christies Road
Sold ~July 2026
$720k
25-27 Sandridge Street
Sold ~July 2026
$710k
41 Pollard Drive
Sold ~July 2026
$870k
18 Clivedon Court
Sold ~July 2026
$577k
6 Mira Court
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Leopold
Compare the area
Price map around Leopold
Every listing for sale near Leopold, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Leopold suburb FAQ
What is the median property price in Leopold?
The median house price in Leopold, VIC is $665k for a 3-bedroom home. Over the past year, median sold prices have risen about 8.1%.
How much is rent in Leopold?
The median weekly rent in Leopold is around $510 per week.
Is Leopold a good place to live?
Leopold is a residential eastern suburb of Geelong and is a gateway to the Bellarine Peninsula in the Australian state of Victoria. Leopold is an established residential suburb in VIC, with a population of around 13,272 and 1 school in the area.
What is the population of Leopold?
Leopold has a population of 13,272 (ABS 2021 Census), with a median age of 41.
What schools are in Leopold?
There is 1 school in or near Leopold, including Leopold Primary School.
How long do homes take to sell in Leopold?
Properties in Leopold take around 21 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Leopold?
Entry-level properties in Leopold start around $535k, while premium homes reach $815k.
What suburbs are near Leopold?
Suburbs near Leopold include Moolap.
Fresh to market
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