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Investment Property Bell Park, VIC, 3215

Suburb Snapshot

Bell Park is a suburb in the Greater Geelong Region of Victoria. Bell Park has a population of 5,009 people and 25.78% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed -2.92% over the past year and changed 0.00% over 2 years.

The median rent in Bell Park for houses is $470 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed -18.75% compared to last year and the average time to sell a house/townhouse is 71 days.The median listing price for units is $475,000 and this has changed -4.81% over the past year. The average unit takes 92 days to sell and the median rent for a unit in Bell Park is $420 per week, producing a rental yield of 4.59%.

Supply & Demand in Bell Park, Greater Geelong

0.94%

Current vacancy rate


27

Rental stock available


5,009

Population


25.78%

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 Bell Park, Greater Geelong

  House Townhouses Units
Median listing price $599,000 $579,000 $475,000
Median price change - last quarter -3.07% -0.18% 0.41%
Median price change - 1 year -2.92% -0.09% -4.81%
Median price change - 2 years 0.00% 0.00% -13.48%
  House Townhouses Units
Median weekly rent $470 $470 $420
Median yield % 4.08% 4.22% 4.59%
Median rent change - 1 year 4.44% 6.81% 2.43%
  House Units
Previous month sales 5 0
Stock on market previous month 26 1
Stock variance vs. last year -18.75% -66.67%
Average days on market 71 92

Bell Park investment property listings

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