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Greta vs Leopold

Property investment comparison - Greta, VIC 3675 vs Leopold, VIC 3224

Head-to-head across core investment metrics: Greta wins 0, Leopold wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricGretaLeopold
Median house price$720K$720K
Median unit price-$520K
Gross rental yield (houses)3.22%4.00%
Gross rental yield (units)-4.72%
1-year house growth-+8.7%
3-year house growth-+4.0%
Vacancy rate-1.2%
Population8613,272

Greta vs Leopold: what the numbers say

Houses cost about the same in both suburbs: the median house price is $720K in Greta and $720K in Leopold.

On cash flow, Leopold leads: houses there return a gross rental yield of 4.00%, compared with 3.22% in Greta, a gap of 0.78 percentage points.

Leopold is the bigger suburb, with a population of 13,272 against 86, roughly 154 times the size of Greta; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Leopold for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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