With a capital gain of 11.90% for the last 12 months, Geelong West, 3218 has performed for property investments than its average annual 8.18% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Geelong West comes in at number 131th in VIC.
Vendor discounting in Geelong West is giving property investors an average Vendor Discount of around -2.40%. This puts suburb at number 654th in VIC when ranking the most discounted suburbs.
Residents and property investors in Geelong West have been waiting around 41.8 days to sell a property.
Advertised rents are around the $380 mark per week – giving a return of 2.80% based on the median price in Suburb
Geelong West has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.96% to date .
Geelong West,3218 was ranked 708 in Australia by increase in median property value over the quarter.