If you compare the increase in value of investment property in South Geelong, 3220 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.11%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Geelong has increased when compared to the 5 year average annual rate.
The most recent median price for South Geelong is $445000, with sellers offering an average of -3.98% off the asking price.
In the last year 19 properties changed hands in South Geelong, which puts it as the 614th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $420 weekly from the median priced house in this suburb.