Powered by MOMENTUM MEDIA
AREA REPORTS

Geelong

Suburb Profile

Geelong - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3220

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.35% growth over a ten-year period. It ranks 430th on our list of suburbs that property investors should look into.

GEELONG, 3220 has a capital gain of 0% for the past year, which is lower than average compared to its 44% growth within a five-year period.

With the median home price in GEELONG sitting at $720,000, and the average rent at $432.5, property owners could potentially earn a 3.12% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GEELONG are low, as opposed to average gains per annum over the past five years.

GEELONG, 3220 in VIC belongs to the local government area of Greater Geelong (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $720,000 $468,500
GROWTH REPORT
Median Quarterly -6.49% -9.9%
Median 12 month 0% -10.76%
Median 3 years 25.22% -0.32%
Median 5 years 44% -4.09%
10 years average annual 7.35% 5.43%
Weekly media advert. rent $432.5 $400
Time on Market 50.2 days 57.0 days
Gross Rental Yield Percent 3.12% 4.44%
demographics (median values)
Total Population
4359
Weekly Household Income
1011
Household Size
2.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Investors advised to review credit options amid health crisis

Investors advised to review credit options amid health crisis

Amid the ongoing health crisis, mortgage brokers across Australia are urging home owners and investors to consider their credit options. ...

Perth

Perth’s property market: Will there be pain ahead?

As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...

Don’t forget about landlords

Don’t forget about landlords, industry warns

Mum and dad investors are just as vulnerable as their tenants if a blanket eviction ban fails to consider property owners as well, according...

rental payments

6 arguments against relaxing rental payments

An industry body has hit back at the “fundamentally flawed” notion that the NSW government could legislate to remove the obligation of t...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Navigating COVID-19 as a property investor

With the COVID-19 pandemic triggering a global financial crisis, investors’ circumstances are shifting dramatically, leaving those who wer...

Kent Leicester

Economy will recover from health crisis hit: expert

Despite current uncertainties, experts assure Australians that the national economy has the key fundamentals in place to make a strong recov...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.