Geelong West, 3218 ranked 445th in VIC when comparing growth in median property values or capital gain over the last 12 months. Geelong West is one of 2099 in our list for VIC
Geelong West,3218 was ranked 3611 in Australia by increase in median property value over the quarter.
At number 402th of VIC’s most discounted properties, Geelong West is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 7.58%, investors should hope to achieve an overall return of 3.04%
Giving property investors a an unimpressive capital gain of -7.57% for the last year, Geelong West, 3218 is the 1202th highest performer in Australia in this respect.
Over the longer term, Geelong West has seen property prices show investors a 2.78% return over the last 3 years. This is worse than over the last 12 months
The VIC suburb of Geelong West, 3218 is in the Greater Geelong (C) local government area.