Investment property in South Geelong has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.45%
Over the longer term, South Geelong has seen property prices show investors a 3.45% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in South Geelong 3220 should be seeing an average reduction in asking price of around -4.37% . This means that South Geelong is holding prices well when compared to other suburbs in VIC.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.94%, without taking into account capital value appreciation, which has been averaging out at 4.63%.