38-40 Warrawee Rd, Leopold is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1985. The property has a land size of 1010m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Situated on a prime 1,010m(approx.) corner block allotment sits this updated family home with plenty of room for the cars, bikes, caravan and boat and of course, the family. An attractive opportunity also exists to develop (STCA) into three lots averaging around 335m each.
The north aspect to the front of the home, fills the open plan kitchen, dining and family area with natural light all day long. With the additional living area and rumpus room also capturing the best of the positioning. Three well sized bedrooms, with built in robes, master with walk in robe and ensuite completing the home.
Stepping outside, it's easy to imagine the 21m x 6.9m (widest point) garage, is a huge draw card for this property. Big enough to park six cars, plus a soundproof workshop ideal for late night tinkering. The huge covered outdoor area to the rear of the home, fit with potbelly stove is the perfect place for entertaining family and friends.
Additional features include ducted heating and cooling, gas cooktop with 900mm oven, dishwasher, bathtub in family bathroom, separate toilet and study desk tucked away behind cupboard doors.
Only a short distance to Gateway Shopping Plaza, Leopold Primary School and sporting grounds, this property has a lot to offer for everyday family living. For investors, a potential rent return is in the vicinity of $520 per week.
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The size of Leopold is approximately 26.9 square kilometres. It has 32 parks covering nearly 3.5% of total area. The population of Leopold in 2016 was 12814 people. By 2021 the population was 13272 showing a population growth of 3.6% in the area during that time. The predominant age group in Leopold is 30-39 years. Households in Leopold are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Leopold work in a professional occupation.In 2021, 79.00% of the homes in Leopold were owner-occupied compared with 79.00% in 2016.
Leopold has 6,941 properties. Over the last 5 years, Houses in Leopold have seen a 28.34% increase in median value, while Units have seen a 30.10% increase. As at 28 February 2026:
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