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Investment Property Hamlyn Heights, VIC, 3215

Suburb Snapshot

Hamlyn Heights is a suburb in the Greater Geelong Region of Victoria. Hamlyn Heights has a population of 6,292 people and 24.23% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed -2.10% over the past year and changed 2.94% over 2 years.

The median rent in Hamlyn Heights for houses is $475 per week and the median rental yield is 3.52%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 88 days.The median listing price for units is $477,500 and this has changed 19.67% over the past year. The average unit takes 78 days to sell and the median rent for a unit in Hamlyn Heights is $350 per week, producing a rental yield of 3.81%.

Supply & Demand in Hamlyn Heights, Greater Geelong

0.73%

Current vacancy rate


23

Rental stock available


6,292

Population


24.23%

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 Hamlyn Heights, Greater Geelong

  House Townhouses Units
Median listing price $700,000 $650,000 $477,500
Median price change - last quarter 0.14% -1.37% 11.04%
Median price change - 1 year -2.10% 5.69% 19.67%
Median price change - 2 years 2.94% -7.15% -9.05%
  House Townhouses Units
Median weekly rent $475 $535 $350
Median yield % 3.52% 4.28% 3.81%
Median rent change - 1 year 3.26% 7.00% -5.41%
  House Units
Previous month sales 15 4
Stock on market previous month 50 10
Stock variance vs. last year 0.00% 100.00%
Average days on market 88 78

Hamlyn Heights investment property listings

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