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Investment Property North Geelong, VIC, 3215

Suburb Snapshot

North Geelong is a suburb in the Greater Geelong Region of Victoria. North Geelong has a population of 2,971 people and 36.45% of its occupants live in rental accommodation. The median listing price for houses is $610,000 and this has changed 2.09% over the past year and changed -6.80% over 2 years.

The median rent in North Geelong for houses is $450 per week and the median rental yield is 3.83%. Stock on the market for houses/townhouses has changed -10.00% compared to last year and the average time to sell a house/townhouse is 78 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 43 days to sell and the median rent for a unit in North Geelong is $365 per week, producing a rental yield of NA.

Supply & Demand in North Geelong, Greater Geelong

1.47%

Current vacancy rate


21

Rental stock available


2,971

Population


36.45%

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 North Geelong, Greater Geelong

  House Townhouses Units
Median listing price $610,000 NA NA
Median price change - last quarter 0.82% NA NA
Median price change - 1 year 2.09% NA NA
Median price change - 2 years -6.80% NA NA
  House Townhouses Units
Median weekly rent $450 NA $365
Median yield % 3.83% NA NA
Median rent change - 1 year 4.65% NA -5.20%
  House Units
Previous month sales 4 0
Stock on market previous month 18 1
Stock variance vs. last year -10.00% 100.00%
Average days on market 78 43

North Geelong investment property listings

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