VIC has seen average median house prices change by 8.06% which means that South Geelong, 3220 has done well for property investors by showing a capital gain of 13.79% over the last year
Over the longer term, South Geelong has seen property prices show investors a 17.72% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in South Geelong itself are offering an average vendor discount of -3.75% to real estate investors.
South Geelong, 3220’s gross rental yield is 3.73%