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Investment Property Geelong, VIC, 3220

Suburb Snapshot

Geelong is a suburb in the Greater Geelong Region of Victoria. Geelong has a population of 5,208 people and 33.36% of its occupants live in rental accommodation. The median listing price for houses is $945,000 and this has changed 11.24% over the past year and changed 11.30% over 2 years.

The median rent in Geelong for houses is $520 per week and the median rental yield is 2.86%. Stock on the market for houses/townhouses has changed -21.57% compared to last year and the average time to sell a house/townhouse is 213 days.The median listing price for units is $600,000 and this has changed -5.89% over the past year. The average unit takes 185 days to sell and the median rent for a unit in Geelong is $490 per week, producing a rental yield of 4.24%.

Supply & Demand in Geelong, Greater Geelong

1.93%

Current vacancy rate


69

Rental stock available


5,208

Population


33.36%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Geelong, Greater Geelong

  House Townhouses Units
Median listing price $945,000 $799,500 $600,000
Median price change - last quarter 1.12% -3.56% -3.31%
Median price change - 1 year 11.24% 11.81% -5.89%
Median price change - 2 years 11.30% 5.61% -14.17%
  House Townhouses Units
Median weekly rent $520 $520 $490
Median yield % 2.86% 3.38% 4.24%
Median rent change - 1 year 0.97% 1.96% 0.00%
  House Units
Previous month sales 2 7
Stock on market previous month 40 81
Stock variance vs. last year -21.57% 30.65%
Average days on market 213 185

Geelong investment property listings

Showing 1 of 1 investment properties found in Geelong on realestateinvestar.com.au

2/4 Richmond Ct, Geelong

$895,000

property pic

Designed to Impress

This architecturally designed townhouse boasts unique luxury. Built to the highest standards, this stunning three-bedroom home, with study nook, blends elegance with everyday comfort. Perfectly positioned just minutes from Richmond Oval, GMHBA Stadium and Kilgour Grocer, for your morning coffee. ...

Get more info on this property
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3

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2

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Townhouse

VIC 3220


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