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Investment Property Geelong West, VIC, 3218

Suburb Snapshot

Geelong West is a suburb in the Greater Geelong Region of Victoria. Geelong West has a population of 6,965 people and 33.45% of its occupants live in rental accommodation. The median listing price for houses is $879,500 and this has changed 7.25% over the past year and changed 9.25% over 2 years.

The median rent in Geelong West for houses is $520 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed -23.38% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $385,000 and this has changed -3.75% over the past year. The average unit takes 128 days to sell and the median rent for a unit in Geelong West is $395 per week, producing a rental yield of 5.33%.

Supply & Demand in Geelong West, Greater Geelong

1.61%

Current vacancy rate


60

Rental stock available


6,965

Population


33.45%

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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Geelong West, Greater Geelong

  House Townhouses Units
Median listing price $879,500 $769,000 $385,000
Median price change - last quarter 0.28% -0.65% -0.63%
Median price change - 1 year 7.25% -1.42% -3.75%
Median price change - 2 years 9.25% 2.67% -12.41%
  House Townhouses Units
Median weekly rent $520 $580 $395
Median yield % 3.07% 3.92% 5.33%
Median rent change - 1 year 8.33% 7.40% 1.28%
  House Units
Previous month sales 9 2
Stock on market previous month 59 5
Stock variance vs. last year -23.38% -73.68%
Average days on market 83 128

Geelong West investment property listings

Showing 5 of 84 investment properties found in Geelong West on realestateinvestar.com.au

17A Elizabeth St, Geelong West

$849,000

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Contemporary Masterpiece

Only the plantation shutters on a full wall of street-front glass gives the slightest hint of the contemporary masterpiece that awaits you inside. Long ago a Geelong West butcher's shop, this property has been beautifully and stylishly reimagined into a home that delivers one stunning surprise ...

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House

VIC 3218


158 Autumn St, Geelong West

$950,000

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Character, Charm and Inner-City Convenience

Rich in timeless character and beautifully balanced with thoughtful modern updates, this inviting home delivers the warmth of a classic Geelong West home with the functionality. Positioned in one of Geelong West's most tightly held lifestyle pockets, it offers an outstanding opportunity for ...

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House

VIC 3218


39 Spring St, Geelong West

$799,000

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Superbly Positioned for Lifestyle or Investment

Beautifully presented throughout, offering sophisticated style and modern functionality, this quality home is designed and located for an exceptional lifestyle. Just a few steps from Pakington Street, enjoy an array of cafes, restaurants, shopping and amenities moments from your door. Within ...

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Townhouse

VIC 3218


5 Collins St, Geelong West

$1,000,000

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Brand New Designer Living

Delivering a masterful union of contemporary design and premium finishes, this stunning brand new residence presents a rare opportunity to secure a turnkey home just steps from the vibrant cafés, boutiques and lifestyle of Pakington Street. Spanning two thoughtfully designed levels, the home ...

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Townhouse

VIC 3218


10 Eureka St, Geelong West

$1,050,000

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Charming Geelong West Cottage with Modern Extensions

Beyond its charming double-fronted façade, this Geelong West cottage unfolds into a surprisingly spacious and beautifully extended family residence, delivering a seamless balance of character, comfort and contemporary style. Timeless period features reveal high ceilings, original timber ...

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House

VIC 3218


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