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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 $900,000 and this has changed 11.24% over the past year and changed 6.25% over 2 years.

The median rent in Geelong for houses is $520 per week and the median rental yield is 3.00%. Stock on the market for houses/townhouses has changed -15.69% compared to last year and the average time to sell a house/townhouse is 208 days.The median listing price for units is $599,500 and this has changed -7.63% over the past year. The average unit takes 178 days to sell and the median rent for a unit in Geelong is $490 per week, producing a rental yield of 4.25%.

Supply & Demand in Geelong, Greater Geelong

2.18%

Current vacancy rate


78

Rental stock available


5,208

Population


33.36%

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 Geelong, Greater Geelong

  House Townhouses Units
Median listing price $900,000 $799,500 $599,500
Median price change - last quarter 1.12% -3.56% -3.31%
Median price change - 1 year 11.24% 10.65% -7.63%
Median price change - 2 years 6.25% 6.67% -13.75%
  House Townhouses Units
Median weekly rent $520 $520 $490
Median yield % 3.00% 3.38% 4.25%
Median rent change - 1 year 0.00% 0.00% 2.08%
  House Units
Previous month sales 10 3
Stock on market previous month 43 82
Stock variance vs. last year -15.69% 34.43%
Average days on market 208 178

Geelong investment property listings

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

230 Malop St, Geelong

$980,000

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Mixed-Use opportunity in the CBD

Offering both residential and commercial opportunity, and superbly positioned on the CBD's doorstep, this two-storey freestanding building provides a wonderful opportunity for medical consulting rooms or a home businesses with accommodation on site, with potential for extension or redevelopment if ...

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Commercial

VIC 3220


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