If you compare the increase in value of investment property in Geelong West, 3218 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.68%.
Geelong West,3218 has offered an average of 15.68% return per annum in house price rises to property investors over the last three years.
At number 90th of VIC’s most discounted properties, Geelong West is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Geelong West is 427th on a list of best yielding suburbs for rents in VIC with a 2.66% return
Property investors who have had real estate in Geelong West, 3218 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.50%
When looking at the potential capital gains offered to property investors over the last 3 years, Geelong West comes in at number 17th in VIC.
Property investors should expect to get $350 weekly from the median priced house in this suburb.