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Investment Property Breakwater, VIC, 3219

Suburb Snapshot

Breakwater is a suburb in the Greater Geelong Region of Victoria. Breakwater has a population of 1,014 people and 31.98% of its occupants live in rental accommodation. The median listing price for houses is $499,000 and this has changed -9.28% over the past year and changed -2.92% over 2 years.

The median rent in Breakwater for houses is $435 per week and the median rental yield is 4.53%. Stock on the market for houses/townhouses has changed 25.00% compared to last year and the average time to sell a house/townhouse is 75 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Breakwater is NA per week, producing a rental yield of NA.

Supply & Demand in Breakwater, Greater Geelong

0.14%

Current vacancy rate


1

Rental stock available


1,014

Population


31.98%

Rental population


0.89%

Current vacancy rate


1,311

Rental stock available


233,426

Population


23.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Breakwater, Greater Geelong

  House Townhouses Units
Median listing price $499,000 NA NA
Median price change - last quarter -0.20% NA NA
Median price change - 1 year -9.28% NA NA
Median price change - 2 years -2.92% NA NA
  House Townhouses Units
Median weekly rent $435 NA NA
Median yield % 4.53% NA NA
Median rent change - 1 year 3.57% NA NA
  House Units
Previous month sales 2 0
Stock on market previous month 10 2
Stock variance vs. last year 25.00% 100.00%
Average days on market 75 NA

Breakwater investment property listings

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