• Suite 1, 200 Malop Street, Geelong Vic 3220

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Geelong Rental market Report (May 2021)

Our data source from realestate.com.au show that the median rent for houses in Geelong is $445 per week and $400 per week for units. The median property price for houses in Geelong range from $893,500 for houses and $680,000 for units. Property investors in the suburb of Geelong receive a median gross rental yield of 2.6% for houses and 3.1% for units. 

Check out the rental growth in all suburbs in Geelong below. 

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Rental Market Overview - Geelong Suburbs

Armstrong Creek

Properties for rent: 26

Median Rent: $425 pW

median Price: $571,250

Gross Rental Yield: 3.82 %

Barwon Heads

Properties for rent: 7

Median Rent: $600 pW

median Price: $1,277,500

Gross Rental Yield: 2.44 %

Bell Park

Properties for rent: 8

Median Rent: $365 pW

median Price: $506,375

Gross Rental Yield: 3.75 %

Bell Post Hill

Properties for rent: 5

Median Rent: $395 pW

median Price: $515,700

Gross Rental Yield: 3.98 %

Belmont

Properties for rent: 32

Median Rent: $390 pW

median Price: $620,500

Gross Rental Yield: 3.3 %

Charlemont

Properties for rent: 3

Median Rent: $410 pW

median Price: $530,000

Gross Rental Yield: 4.02 %

Corio

Properties for rent: 16

Median Rent: $320 pW

median Price: $400,000

Gross Rental Yield: 4.2 %

East Geelong

Properties for rent: 11

Median Rent: $390 pW

median Price: $786,000

Gross Rental Yield: 2.6 %

Geelong

Properties for rent: 41

Median Rent: $445 pW

median Price: $893,500

Gross Rental Yield: 2.6 %

Geelong West

Properties for rent: 27

Median Rent: $400 pW

median Price: $782,000

Gross Rental Yield: 2.7 %

Grovedale

Properties for rent: 26

Median Rent: $420 pW

median Price: $557,250

Gross Rental Yield: 3.9 %

Hamlyn Heights

Properties for rent: 16

Median Rent: $373 pW

median Price: $580,000

Gross Rental Yield: 3.3 %

Herne Hill

Properties for rent: 16

Median Rent: $370 pW

median Price: $645,000

Gross Rental Yield: 3.0 %

Highton

Properties for rent: 30

Median Rent: $440 pW

median Price: $774,200

Gross Rental Yield: 3.0 %

Lara

Properties for rent: 14

Median Rent: $440 pW

median Price: $580,000

Gross Rental Yield: 3.9 %

Leopold

Properties for rent: 9

Median Rent: $400 pW

median Price: $535,000

Gross Rental Yield: 3.9 %

Manifold Heights

Properties for rent: 5

Median Rent: $380 pW

median Price: $870,000

Gross Rental Yield: 2.3 %

Mount Duneed

Properties for rent: 11

Median Rent: $450 pW

median Price: $595,000

Gross Rental Yield: 3.93 %

Newcomb

Properties for rent: 13

Median Rent: $350 pW

median Price: $500,000

Gross Rental Yield: 3.6 %

Newtown

Properties for rent: 30

Median Rent: $450 pW

median Price: $945,000

Gross Rental Yield: 2.5 %

Norlane

Properties for rent: 22

Median Rent: $290 pW

median Price: $380,000

Gross Rental Yield: 4.0 %

North Geelong

Properties for rent: 8

Median Rent: $350 pW

median Price: $515,000

Gross Rental Yield: 3.5 %

South Geelong

Properties for rent: 6

Median Rent: $430 pW

median Price: $695,000

Gross Rental Yield: 3.22 %

St Albans Park

Properties for rent: 2

Median Rent: $380 pW

median Price: $489,500

Gross Rental Yield: 4.0 %

Wandana Heights

Properties for rent: 1

Median Rent: $575 pW

median Price: $800,000

Gross Rental Yield: 3.74 %

Waurn ponds

Properties for rent: 13

Median Rent: $450 pW

median Price: $700,000

Gross Rental Yield: 3.34 %

Whittington

Properties for rent: 6

Median Rent: $333 pW

median Price: $410,000

Gross Rental Yield: 4.2 %

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The Average leasing period in Geelong

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