Suburb Profile Report for South Geelong VIC (3220)

South Geelong House: Median price $442,500, Annual capital growth 4.81%, Number of sales 18, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

South Geelong, 3220 ranked 657th in VIC when comparing growth in median property values or capital gain over the last 12 months. South Geelong is one of 2098 in our list for VIC

Over the longer term, South Geelong has seen property prices show investors a 5.67% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in South Geelong is giving property investors an average Vendor Discount of around -3.25%. This puts suburb at number 546th in VIC when ranking the most discounted suburbs.

At number 483 in a list of fastest selling suburbs, South Geelong is in the TOP 20% of suburbs in Australia with an average of days on market 46.9 for properties listed there.

Metrics i HOUSE UNIT
$442,500 N/A
-3.17% N/A
-7.04% N/A
4.81% N/A
$420 N/A
18 N/A
4.94% N/A
46.9 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 907
Median household income ($/weekly) 1253
Median age of persons 36
Median housing loan repayment ($/monthly) 1343
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 90 9.9
    25-34 years 183 20.2
    35-44 years 162 17.8
    45-54 years 116 12.8
    55-64 years 98 10.8
    Others 259 28.5
    Age Group
    Census Count Percent(%)
    Not Married 328 47.7
    Registered Married 273 39.7
    Defacto Relationship 86 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 724 84.3
    Croatia 13 1.5
    Indonesia 17 2.0
    United Kingdom 35 4.1
    Other 16 1.9
    Others 54 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 2.3
    Christianity 522 62.1
    Hinduism 9 1.1
    Islam 10 1.2
    No Religion 273 32.5
    Others 8 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 40 11.5
    $800-$999 34 9.7
    $1,250-$1,499 36 10.3
    $1,500-$1,999 36 10.3
    $2,000-$2,499 40 11.5
    Others 163 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 310 43.7
    Not in the labour force 184 26.0
    Employed, worked part-time 152 21.4
    Unemployed, looking for work 33 4.7
    Employed, away from work 30 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 53 10.8
    Professionals 140 28.5
    Technicians & trades workers 77 15.7
    Community & personal service workers 53 10.8
    Clerical & administrative workers 68 13.8
    Others 101 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 7.8
    Infants/Primary 66 34.4
    Secondary 34 17.7
    Technical or Further Educational Institution 26 13.5
    University or other Tertiary Institutions 41 21.4
    Others 10 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 687 78.4
    Flat, unit or apartment 122 13.9
    Semi-detached, row or terrace house, townhouse 67 7.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 141 36.3
    Being purchased 138 35.6
    Fully owned 109 28.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals