Leopold, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Leopold
VICCensus 2021 · Population 13,273
Leopold is a suburb with a population of 13,273, characterized by a slightly older median age of 41 compared to the Victorian average of 38. The community is predominantly Australian-born, with 83.2% of residents born in Australia, and a significant portion of the population speaks only English at home (89.4%). The suburb has a balanced family structure, with 41.9% of families being couples with children and 41.0% being couples without children. Housing in Leopold is largely owner-occupied, with 37.4% owned outright and 41.6% owned with a mortgage.
Key Highlights
- High ownership rates with 79.0% of homes owned outright or with a mortgage.
- Low unemployment rate of 3.9%, below the Victorian average of 5.0%.
- Predominantly English-speaking, with 89.4% speaking only English at home.
- High percentage of separate houses at 92.2%, compared to the Victorian average of 73.4%.
- Significant proportion of the population works in healthcare, with 6.4% employed in hospitals.
Things to Consider
- Lower educational attainment with 17.5% holding a bachelor's degree or higher, compared to 29.2% in Victoria.
- Median household income is below the Victorian average, at $1,589 weekly compared to $1,759.
- Limited public transport options with only 1.5% using it for commuting.
- Higher median age of 41, which may not appeal to younger demographics.
- Relatively low percentage of residents born overseas at 16.8%, compared to the Victorian average of 35.0%.
What's it like living here?
Daily life in Leopold is marked by a strong reliance on cars for commuting, with 64.9% of residents driving to work. Public transport usage is low at 1.5%, reflecting the suburb's car-dependent nature. The community has a moderate level of work-from-home arrangements, with 14.3% of the workforce working remotely. The suburb's employment landscape is diverse, with a significant number of professionals and trades workers.