GEELONG WEST 3218
State: VICPosiProp AI Investment Summary
GEELONG WEST (VIC 3218) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 1.6%, with a median house buy price of $867,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$731,000
$837,000
$1,050,000
$867,000
Suburb Market Profile
Last month Geelong West had 52 properties available for rent and 54 properties for sale. Median property prices over the last year range from $867,000 for houses to $569,000 for units. If you are looking for an investment property, consider houses in Geelong West rent out for $550 PW with an annual rental yield of 3.3% and units rent for $450 PW with a rental yield of 4.6%. Geelong West has seen an annual compound growth rate of 1.6% for houses and 46.8% for units.
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