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Leonay Suburb Insights
VICLocation Information
Suburb Name
Leonay, VIC
Distance from CBD
22.7 kmDemographics
Population
2,518
Median Income
$46,852
Area Information
Area
2.47 km²
Population Density
1019 people/km²
Property Market
Median Price
$666,900
Annual Growth
+18.3%Property Price Trend Analysis
Current Median Price
$666,900
Annual Growth
+18.3%
Quarterly Growth
+3.1%
Price Trends - Last 6 Months
2024-01
$942,497
+3.2%2024-02
$877,980
+6.3%2024-03
$701,122
+13.8%2024-04
$1,166,270
+6.2%2024-05
$1,004,151
+7.6%2024-06
$882,242
+18.7%Property Type Price Analysis
House
Median Price
$1,514,945
Growth Rate
+13.5%Available Listings
110 properties
Apartment
Median Price
$694,430
Growth Rate
+6.9%Available Listings
674 properties
Townhouse
Median Price
$452,657
Growth Rate
+7.1%Available Listings
313 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy