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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

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