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 14.70%.
If we look at median property appreciation over just the last three months, South Geelong has given property investors a paper return of -4.23%. This puts Suburb as 647 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in South Geelong is giving property investors an average Vendor Discount of around -2.97%. This puts suburb at number 573th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.61%, investors should hope to achieve an overall return of 3.82%