East Geelong is an average performer in VIC when comparing median price capital growth over the last year. East Geelong gave property investors a average capital gain figure when compared to the rest of the state, with 9.63%.
A 32.12% growth in median value for property investors in East Geelong,3219 puts this suburb at number 157th in terms of best performing suburbs in VIC
Property investors looking for a bargain in East Geelong should be aiming for at least -5.45% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
Over the last year, property investments in East Geelong, 3219 have given investors a capital gain of 9.23%. This compares favourably with the 3.49% for VIC as a whole.
Over the longer term, East Geelong has seen property prices show investors a 45.49% return over the last 3 years. This is worse than over the last 12 months
Advertised rents are around the $295 mark per week – giving a return of 4.32% based on the median price in Suburb