North Geelong is in the bottom 20% in VIC when comparing median price capital growth over the last year. North Geelong gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.30%.
Over the longer term, North Geelong has seen property prices show investors a 22.20% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in North Geelong are currently offering property investors an average price cut of -5.81% below the asking price at the moment.
In the last year 41 properties changed hands in North Geelong, which puts it as the 466th most active market in VIC when comparing the number of sales per suburb.
North Geelong, 3215’s gross rental yield is 4.61%