Property value increases in Geelong West have tracked higher than the VIC average of 11.69% over the last 12 months.
Comparing Geelong West,3218 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Geelong West, 3218. Typically our figures indicate that -3.18% is being offered, which puts this VIC suburb at 3439th most discounted overall in Australia.
With the median price for a house in Geelong West being $650000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 2.96%
Giving property investors a an average capital gain of 2.31% for the last year, Geelong West, 3218 is the 1023th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Geelong West comes in at number 288th in VIC.
At number 142th of VIC’s most discounted properties, Geelong West is in the middle of the state/territory when listing in order of most discounted to least.
Geelong West, 3218’s gross rental yield is 3.95%