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Profiles
Nearby Suburbs
Real Estate Market: Is Point Leo VIC 3916 a Good Suburb to Buy Into?
Housing Market in Point Leo
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $798 | Top 13% |
|
||
| Premium | Premium | Premium |
Housing Supply in Point Leo
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Point Leo
34.0%
Point Leo
34.0%
Mornington Peninsula
30.8%
Mornington Peninsula
30.8%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 3,130 | Top 1% |
|
||
| 4.4 | Top 32% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 lots | Bottom 14% | Data for Feb 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 24% | Data for Mar 2025 |
Housing Stock Quality in Point Leo
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.6 | Top 39% |
|
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| 24.3% | Top 11% | Data for Jun 2023 |
Development Restrictions in Point Leo
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Point Leo
22.5%
Point Leo
22.5%
Mornington Peninsula
28.0%
Mornington Peninsula
28.0%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 0.9 sq km | Bottom 7% | Data for Jan 2021 | ||
| 0.0 sq km | Bottom 39% | Data for Jun 2023 | ||
| 2460 sqm per resident | Top 37% | Data for Jan 2021 |
Risk in Point Leo
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Point Leo
39.8
Point Leo
39.8
Mornington Peninsula
44.5
Mornington Peninsula
44.5
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 96.7% | Top 30% |
|
||
| 3.3% | Bottom 30% |
|
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| 60 | Top 7% | Data for Jun 2023 | ||
| $1,520 | Bottom 28% | Data for May 2023 | ||
| 79 | Top 44% | Data for Jun 2023 | ||
| 80 | Top 23% | Data for Jun 2023 | ||
| 28.5% | Top 20% |
|
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| 10.3% | Bottom 2% | 0 to May 2023 |
Housing Demand in Point Leo
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Point Leo
70.1%
Point Leo
70.1%
Mornington Peninsula
79.2%
Mornington Peninsula
79.2%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 6330 | Bottom 21% |
|
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| 170000 | Top 7% |
|
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| Premium | Premium | Premium | ||
| 195000 | Top 7% |
|
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Point Leo
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $360 | Bottom 14% |
|
||
| Premium | Premium | Premium | ||
| 116.0% | Top 4% |
|
Planning Applications: Dwellings (20)
| Headline | Place | Date |
|---|---|---|
| Proposed addition of double storey outbuilding which includes garage and mezzanine - Mornington Peninsula Shire Council P24/1693 | 54 Lesley Avenue Point Leo VIC 3916 | 22 Oct 2024 |
| To develop dwelling additions and alterations generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/0790.01 | 44 Lesley Avenue Point Leo VIC 3916 | 25 Apr 2024 |
| Development of a second dwelling, subdivision of the land into two (2) lots and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P20/0273.04 | 13 Murray Drive Point Leo VIC 3916 | 19 Mar 2024 |
| Development of a second dwelling, subdivision of the land into two (2) lots and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P20/0273.03 | 13 Murray Drive Point Leo VIC 3916 | 14 Feb 2024 |
| USE AND DEVELOPMENT OF A DWELLING, MACHINERY SHEDS AND ASSOCIATED WORKS IN ACCORDANCE WITH THE ENDORSED PLANSurred - Mornington Peninsula Shire Council P13/0599.08 | 3835 Frankston-Flinders Road Point Leo VIC 3916 | 19 Sep 2023 |
Planning Applications: Other (9)
| Headline | Place | Date |
|---|---|---|
| Proposed addition of double storey outbuilding which includes garage and mezzanine - Mornington Peninsula Shire Council P24/1693 | 54 Lesley Avenue Point Leo VIC 3916 | 22 Oct 2024 |
| Alteration of the existing boardwalk access ramp to the beach - Mornington Peninsula Shire Council P24/0881 | 51 Western Parade Point Leo VIC 3916 | 22 May 2024 |
| Development of building additions, alterations and associated works generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/1706 | 33 Western Parade Point Leo VIC 3916 | 31 Aug 2023 |
| Vicsmart - construction of carport and shed generally in accordance with the submitted plans - Mornington Peninsula Shire Council P23/0463 | 19 Yuille Avenue Point Leo VIC 3916 | 11 Mar 2023 |
| Shipping container and associated works generally in accordance with the submitted plans. - Mornington Peninsula Shire Council P22/2161 | 1A Point Leo Road Point Leo VIC 3916 | 05 Sep 2022 |
Turnover Rate by Street (8)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 26.7% | Yuille Ave | very tightly held | Every 37.5 years (very tightly held) | 2025 |
| 30.8% | Lesley Ave | very tightly held | Every 32.5 years (very tightly held) | 2025 |
| 33.3% | Seal St | very tightly held | Every 30.0 years (very tightly held) | 2025 |
| 42.3% | Western Pde | very tightly held | Every 23.6 years (very tightly held) | 2025 |
| 50.0% | Murray Dr | very tightly held | Every 20.0 years (very tightly held) | 2025 |
Percent of Renters by Street (8)
| Percent of Renters | Street |
|---|---|
| 0.0% | Point Leo Rd |
| 0.0% | Frankston-Flinders Rd |
| 31.6% | Lesley Ave |
| 2.0% | Murray Dr |
| 68.2% | Nobby St |
Recently Sold Houses (38)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 34 Western Pde | Price Withheld | 3.0 | 2.0 | 0.0 | 25 Oct 2024 | 0 | On Market |
| 14 Point Leo Rd | Price Withheld | 5.0 | 3.0 | 1.0 | 29 Dec 2023 | 0 | On Market |
| 6 Yuille Ave | $3,000,000 | 5.0 | 3.0 | 2.0 | 27 Sep 2023 | 0 | On Market |
| 6 Yuille Ave | Price Withheld | 5.0 | 3.0 | 2.0 | 27 Sep 2023 | 0 | On Market |
| 11 Murray Dr | Price Withheld | 4.0 | 2.0 | 03 Dec 2022 | 0 | On Market |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Mornington Peninsula |
Median House Sale Prices by Street (68)
| Street | Date | Median sale value |
|---|---|---|
| Point Leo Rd | 06 Oct 2023 | $3,947,000 |
| Western Pde | 06 Oct 2023 | $3,000,000 |
| Yuille Ave | 06 Oct 2023 | $2,950,000 |
| Murray Dr | 06 Oct 2023 | $2,525,000 |
| Western Pde | 31 May 2024 | 1603000.0 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 41 Nobby St | $1,200 | 4 | 3 | 0 | 26 Feb 2024 | 0 |
| 41 Nobby St | $1,200 | 4 | 3 | 26 Feb 2024 | 0 | |
| 41 Nobby St | $1,200 | 4 | 3 | 26 Feb 2024 | 0 | |
| 41 Nobby St | $990 | 4 | 3 | 26 Feb 2024 | 0 | |
| 41 Nobby St | $1,200 | 4 | 3 | 0 | 26 Feb 2024 | 0 |
Recent Rental Unit Listings (34)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 55 Lesley Ave | $700 | 4.0 | 2.0 | 21 May 2018 | |
| 55 Lesley Ave | $700 | 4.0 | 2.0 | 21 May 2018 | |
| 55 Lesley Ave | $700 | 4.0 | 2.0 | 21 May 2018 | |
| 55 Lesley Ave | $700 | 4.0 | 2.0 | 21 May 2018 | |
| 55 Lesley Ave | $700 | 4.0 | 2.0 | 21 May 2018 |
Recently Sold Units (50)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 54 Western Pde | Price Withheld | 13 Mar 2020 | On Market | |||
| 54 Western Pde | Price Withheld | 0.0 | 0.0 | 13 Mar 2020 | On Market | |
| 54 Western Pde | Price Withheld | 0.0 | 0.0 | 13 Mar 2020 | On Market | |
| 54 Western Pde | Price Withheld | 13 Mar 2020 | On Market | |||
| 54 Western Pde | Price Withheld | 13 Mar 2020 | On Market |
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