Your suburb, scored · Data as of Oct 2026

Point Leo, VIC

Postcode 3916 · Mornington Peninsula council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 86 / 100 — ranked #2,240 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$3,400,000

Up 27.1% over the past 12 months of settled sales.

Median weekly rent$990/wk

That's a gross yield of 2.4% at the current median price.

Vacancy rate33.3%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Point Leo, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Point Leo's streets below.

Other High-Scoring Suburbs in Mornington Peninsula (VIC)

IndicatorPoint Leo ReadingContext & Benchmark
Ripehouse R-Score86 / 100Ranked #2,240 of 15,286 Australian suburbs (Oct 2026)
Median House Price$3,400,000+27.1% over the past 12 months of settled sales
Median Weekly Asking Rent$990/wkImplies a 2.4% gross rental yield at the current median price
Rental Vacancy Rate33.3%Above the 1.5% tight-supply threshold
Median Days on Market103 daysPart of Mornington Peninsula (VIC) council area (LGA avg R-Score 80/100)

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Point Leo VIC FAQs

Frequently Asked Questions: Investing in Point Leo, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Point Leo.

Is Point Leo VIC a good suburb for property investment in 2026?

As of Oct 2026, Point Leo (VIC 3916) scores 86/100 on the Ripehouse R-Score, ranking #2,240 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $3,400,000, median rent of $990/wk, gross yield of 2.4%, and vacancy of 33.3%.

What is the median house price and 12-month growth in Point Leo VIC?

The current median property price in Point Leo (VIC) is $3,400,000 (Oct 2026), representing a +27.1% change over the past 12 months. Properties in Point Leo currently spend a median of 103 days on market.

What is the rental yield and vacancy rate in Point Leo VIC?

In Point Leo (VIC), the median weekly asking rent is $990/wk, producing a gross rental yield of 2.4%. The suburb vacancy rate is 33.3% as of Oct 2026.

What are the best streets in Point Leo VIC?

Ripehouse Advisory scores every G-NAF street in Point Leo against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Point Leo Street Score tool on this page to compare individual streets.

Which council area (LGA) is Point Leo VIC located in?

Point Leo (VIC, postcode 3916) is located in the Mornington Peninsula council area (LGA) within Greater Melbourne. Across Mornington Peninsula, the council-wide average R-Score is 80/100 across 39 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.