If you compare the increase in value of investment property in South Geelong, 3220 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 34.21%.
Across a shorter period, South Geelong, 3220 has seen a median price increase of 17.61% over the last quarter.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 7.45%, investors should hope to achieve an overall return of 3.34%
Renters in Suburb are facing rents around $3600 per annum or $300 every week.