Property Management

Geelong Rental Market Update – June 2022

Jesse Verdichizzi — Mon, 20 Jun 2022 04:06:58 +0000

GEELONG RENTAL MARKET UPDATE

(June 2022)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

The team at Verdi Property Management have put together a summary of a rental market update to assist our existing and future client base of property investors. We hope that this report provides some value to you.

Here is a brief summary of the property market performance in Geelong. The median house price in Geelong over the last year range from $950,000 for houses to $649,500 for units. If you are looking for an investment property to purchase, consider houses in Geelong lease for $480 per week with an annual rental yield of 2.7% and units lease for $420 per week with a rental yield of 3.7%.

Check out the rental growth for all Geelong suburbs below.

RENTAL MARKET OVERVIEW - bY SUBURB

(Property data from realestate.com.au)

Armstrong Creek

Median House Rental Price - $470 per week

9.3% growth over 12 months

Bell Park

Median house rental price - $400 per week

5.3% Growth Over 12 Months

Bell Post Hill

Median house rental price - $420 per week

5.3% Growth Over 12 Months

Belmont

Median House Rental Price - $440 Per Week

10% Growth Over 12 Months

Charlemont

Median House Rental Price - $450 Per Week

7.1% Growth Over 12 Months

Corio

Median House Rental Price - $350 Per Week

6% Growth Over 12 Months

East Geelong

Median House Rental Price - $470 Per Week

12.6% Growth Over 12 Months

Geelong

Median House Rental Price - $480 Per Week

6.7% Growth Over 12 Months

Geelong West

Median House Rental Price - $475 Per Week

14.5% Growth Over 12 Months

Grovedale

Median House Rental Price - $440 Per Week

4.8% Growth Over 12 Months

Hamlyn Heights

Median House Rental Price - $420 Per Week

7.7% Growth Over 12 Months

Herne Hill

Median House Rental Price - $430 Per Week

13.2% Growth Over 12 Months

Highton

Median House Rental Price - $475 Per Week

5.6% Growth Over 12 Months

Mount Duneed

Median House Rental Price - $500 Per Week

11.1% Growth Over 12 Months

Newcomb

Median House Rental Price - $390 Per Week

8.3% Growth Over 12 Months

Newtown

Median Rent for Houses: $497 per week

5.9% Growth Over 12 Months

Norlane

Median House Rental Price - $330 Per Week

11.9% Growth Over 12 Months

North Geelong

Median House Rental Price - $400 Per Week

11.1% Growth Over 12 Months

Waurn ponds

Median House Rental Price - $500 Per Week

4.2% Growth Over 12 Months

lOOKING TO LEASE YOUR PROPERTY?

The post Geelong Rental Market Update – June 2022 appeared first on Verdi Property Management.

Geelong Rental Market Update – October 2021

Jesse Verdichizzi — Fri, 15 Oct 2021 01:03:58 +0000

GEELONG RENTAL MARKET UPDATE

(OCTOBER 2021)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

The rental market in Geelong remains very strong and the rental yields remain between 4 to 5% on average. The average supply across the Geelong rental market has dropped by 10 to 20% from the previous month, which is allowing for shorter leasing periods. Our average leasing period for the month of October was less than a week, with vacancy rates sitting at less than 1%.

The current rental market in Geelong is ideal for property owners looking to secure quality renters in a short timeframes. If you are in need of new renters for your property, feel free to contact us directly by calling Jesse on 0491 062 596 or emailing our office at admin@verdiproperty.com.au.

Check out the rental growth for all Geelong suburbs below.

RENTAL MARKET OVERVIEW - bY SUBURB

(Property data from realestate.com.au)

Armstrong Creek

Rental Properties Available: 21 (+1 from September)

Median Rent for houses: $450 per week (+$7 from September)

Bell Park

Rental Properties Available: 13 (-2 From September)

Median Rent for houses: $385 per week

Bell Post Hill

Rental Properties Available: 10 (+2 From September)

Median Rent for houses: $410 per week

Belmont

Rental Properties Available: 36 (-8 From September)

Median Rent for houses: $400 per week

Charlemont

Rental Properties Available: 8 (+2 From September)

Median Rent for houses: $430 per week

Corio

Rental Properties Available: 28 (+2 From September)

Median Rent for Houses: $330 per week

East Geelong

Rental Properties Available: 9 (-1 From September)

Median Rent for houses: $400 per week (+$5 From September)

Geelong

Rental Properties available: 41 (-4 From September)

Median Rent for houses: $450 per week

Geelong West

Rental Properties Available:: 27 (-5 From September)

Median Rent for Houses: $420 per week

Grovedale

Rental Properties Available: 17 (-2 From September)

Median Rent for Houses: $430 per week

Hamlyn Heights

Rental Properties Available: 12

Median Rent for Houses: $400 per week

Herne Hill

Rental Properties Available: 8 (-5 From September)

Median Rent for Houses: $390 per week (+$5 From September)

Highton

Rental Properties Available: 36 (-8 From September)

Median Rent for Houses: $450 per week

Mount Duneed

Rental Properties Available: 5 (-2 From September)

Median Rent for Houses: $470 per week

Newcomb

Rental Properties Available: 14 (-5 From September)

Median Rent for houses: $360 per week

Newtown

Rental Properties Available: 27 (+4 From September)

Median Rent for Houses: $460 per week

Norlane

Rental Properties Available: 24 (+1 From September)

Median Rent for houses: $300 per week

North Geelong

Rental Properties Available: 6 (-2 From September)

Median Rent for Houses: $390 per week

Waurn ponds

Rental Properties Available: 14 (-1 From September)

Median Rent for houses: $480 per week

Our Average leasing period

Days On Market

Geelong Average leasing period

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – October 2021 appeared first on Verdi Property Management.

Geelong Rental Market Update – September 2021

Jesse Verdichizzi — Tue, 28 Sep 2021 03:59:37 +0000

GEELONG RENTAL MARKET UPDATE (SEPTEMBER 2021)

The rental market in Geelong remains very strong and the rental yields remain between 4 – 5% on average. Our average leasing period for the month of September was less than a week, with vacancy rates at less than 1%.

The current rental market in Geelong is ideal for property owners looking to secure quality renters. If you are in need of new renters for your property, feel free to contact us directly by calling Jesse on 0491 062 596 or emailing our office at admin@verdiproperty.com.au.

Check out the rental growth for all Geelong suburbs below.

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

(Property data from realestate.com.au)

Armstrong Creek

Properties Available for rent: 20 (-5 from August)

Median Rent for houses: $443 per week (+$3 from August)

Bell Park

Properties Available for rent: 15 (-5 From August)

Median Rent for houses: $385 per week (-$5 From August)

Median Rent for units: $355 Per week (+$5 From August)

Bell Post Hill

Properties Available For Rent: 8

Median Rent for houses: $410 per week (+$10 From August)

median Rent for units: $370 per week

Belmont

Properties Available For Rent: 44

Median Rent for houses: $400 per week

median Price for units: $370 per week (+$7 From August)

Charlemont

Properties Available For Rent: 6

Median Rent for houses: $430 per week (+$5 From August)

median rent for units: Not enough Data

Corio

Properties Available For Rent: 26

Median Rent for Houses: $330 per week

median Rent for Units: $285 per week (+$5 From August)

East Geelong

Properties Available For Rent: 10

Median Rent for houses: $395 per week (+$5 From August)

median Rent for Units: $340 per week (+$10 From August)

Geelong

Properties available for rent: 45 (+3 From August)

Median Rent for houses: $450 per week

median Rent for Units: $410 per week

Geelong West

Properties Available For Rent: 32

Median Rent for Houses: $420 per week

median Rent for Units: $395 per week

Grovedale

Properties Available For Rent: 19

Median Rent for Houses: $430 per week (+$10 From August)

median Rent for Units: $350 per week

Hamlyn Heights

Properties Available for rent: 12

Median Rent for Houses: $400 per week (+$10 From august)

median Rent for Units: $380 per week (+$10 From august)

Herne Hill

Properties Available for rent: 13

Median Rent for Houses: $385 per week

median Rent for Units: $265 per week

Highton

Properties available for rent: 44 (-7 from august)

Median Rent for Houses: $450 per week

median Rent for Units: $345 per week

Lara

Properties available for rent: 32 (+16 From august)

Median Rent for Houses: $450 per week

median Rent for Units: $350 per week

Leopold

Properties available for rent: 15

Median Rent for Houses: $430 per week (+$10 From August)

median Price for Units: $365 per week (+$10 From August)

Mount Duneed

Properties available for rent: 7

Median Rent for Houses: $470 per week (+$10 From August)

Newcomb

Properties available for rent: 19 (+11 From august)

Median Rent for houses: $360 per week (+$10 From August)

median Rent for Units: $330 per week (+$10 From August)

Newtown

Properties available for rent: 23 (-13 From august)

Median Rent for Houses: $460 per week

median Rent for units: $360 per week

Norlane

Properties available for rent: 23 (+9 From Previous Month)

Median Rent for houses: $300 per week

median Rent for Units: $310 per week (+$10 From August)

North Geelong

Properties available for rent: 8

Median Rent for Houses: $390 per week (+$10 From August)

median Rent for Units: $300 per week (+$10 From August)

Waurn ponds

Properties available for rent: 15 (+5 From august)

Median Rent for houses: $480 per week

Our Average leasing period

Days On Market

The Average leasing period in Geelong

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – September 2021 appeared first on Verdi Property Management.

Geelong Rental Market Update – August 2021

Jesse Verdichizzi — Tue, 24 Aug 2021 04:00:50 +0000

GEELONG RENTAL MARKET UPDATE (AUGUST 2021)

Property data from realestate.com.au shows that the median rent for houses in Geelong is $450 per week and $405 per week for units. The median property price for houses in Geelong range from $905,000 for houses and $606,750 for units. Property investors in the suburb of Geelong receive a median gross rental yield of 2.6% for houses and 3.5% for units.

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

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong Creek

Properties for rent: 25 (-4 from previous month)

Median Rent (House): $440 per week (No Change)

Median Rent (Unit): Not enough data

Bell Park

Properties for rent: 20 (+6 From Previous Month)

Median Rent (House): $390 per week (No Change)

Median Rent (Unit): $350 Per week (No change)

Bell Post Hill

Properties for rent: 7 (-2 From Previous Month)

Median Rent - House : $400 per week (no change)

median Rent - Unit: $370 per week (+ $5 from previous month)

Belmont

Properties for rent: 43 (+7 From Previous Month)

Median Rent - house: $400 per week (no change)

median Price - Unit: $363 per week (+ $13 From Previous Month)

Charlemont

Properties for rent: 8 (+3 From Previous Month)

Median Rent - House: $425 per week (+ $5 From Previous Month)

median Rent - unit: Not enough Data

Corio

Properties for rent: 24 (+8 From Previous Month)

Median Rent - House: $330 per week (+ $5 From Previous Month)

median Rent - Unit: $280 per week (No Change)

East Geelong

Properties for rent: 9 (-4 From Previous Month)

Median Rent - house: $390 per week (+ $5 From Previous Month)

median Rent - Unit: $330 per week (- $10 from previous month)

Geelong

Properties for rent: 42 (No Change)

Median Rent - House: $450 per week (+$5 From Previous Month)

median Rent - Unit: $405 per week (-$1 From Previous Month)

Geelong West

Properties for rent: 35 (-2 From Prev. Month)

Median Rent - House: $420 per week (+ $10 from previous month)

median Rent - Unit: $395 per week (+ $15 From Previous Month)

Grovedale

Properties for rent: 21 (-2 From Prev. Month)

Median Rent - House: $420 per week (No Change)

median Rent - Unit: $350 per week (No Change)

Hamlyn Heights

Properties for rent: 19 (+1 From Previous Month)

Median Rent - House: $390 per week (+ $10 From Previous Month)

median Rent - Unit: $370 per week (No Change)

Herne Hill

Properties for rent: 12 (+4 From Previous Month)

Median Rent - House: $380 per week (No Change)

median Rent - Unit: $260 per week (No Change)

Highton

Properties for rent: 51 (+15 From Previous Month)

Median Rent - House: $450 per week (No Change)

median Rent - Unit: $340 per week (No Change)

Lara

Properties for rent: 16 (-3 From Previous Month)

Median Rent - House: $450 per week (No Change)

median Rent - Unit: $350 per week (No Change)

Leopold

Properties for rent: 18 (+6 From Previous Month)

Median Rent - House: $420 per week (No Change)

median Price - Unit: $360 per week (No Change)

Mount Duneed

Properties for rent: 9 (-8 From Previous Month)

Median Rent - House: $460 per week (No Change)

median Rent - Unit: Not enough data

Newcomb

Properties for rent: 8 (-3 From Prev. Month)

Median Rent - house: $350 per week (No Change)

median Rent - Unit: $320 per week (-$10 From Previous Month)

Newtown

Properties for rent: 36 (+1 From Previous Month)

Median Rent - House: $460 per week (No Change)

median Rent - unit: $360 per week (+$10 From Previous Month)

Norlane

Properties for rent: 14 (-3 From Previous Month)

Median Rent - house: $300 per week (+$5 From Previous Month)

median Rent - Unit: $300 per week (No Change)

North Geelong

Properties for rent: 10 (No Change)

Median Rent - House: $380 per week (+$10 From Previous Month)

median Rent - Unit: $290 per week (No Change)

Waurn ponds

Properties for rent: 10 (-7 From Previous Month)

Median Rent - house: $480 per week (No Change)

median Rent - Unit: Not enough data

Our Average leasing period

Days On Market

The Average leasing period in Geelong

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – August 2021 appeared first on Verdi Property Management.

Geelong Rental Market Update – July 2021

Jesse Verdichizzi — Mon, 26 Jul 2021 02:04:04 +0000

GEELONG RENTAL MARKET UPDATE (JULY 2021)

Our data source from realestate.com.au shows that the median rent for houses in Geelong is $450 per week and $406 per week for units. The median property price for houses in Geelong range from $902,000 for houses and $606,750 for units. Property investors in the suburb of Geelong receive a median gross rental yield of 2.6% for houses and 3.5% for units.

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

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong Creek

Properties for rent: 29 (+2 from previous month)

Median Rent (House): $440 per week (+$10 per week from previous month)

Median Rent (Unit): Not enough data

Bell Park

Properties for rent: 14 (-1 From Previous Month)

Median Rent (House): $390 per week (+$22 From Previous Month)

Median Rent (Unit): $350 Per week (No change)

Bell Post Hill

Properties for rent: 9 (-3 From Previous Month)

Median Rent - House : $400 per week (no change)

median Rent - Unit: $365 per week (+$15 from previous month)

Belmont

Properties for rent: 36 (-2 From Previous Month)

Median Rent - house: $400 per week (no change)

median Price - Unit: $350 per week (no change)

Charlemont

Properties for rent: 5 (-5 From Previous Month)

Median Rent - House: $420 per week (+$10 From Previous Month)

median Rent - unit: Not enough Data

Corio

Properties for rent: 16 (No Change)

Median Rent - House: $320 per week (No Change)

median Rent - Unit: $280 per week (-$5 from previous month)

East Geelong

Properties for rent: 13 (-6 From Previous Month)

Median Rent - house: $385 per week (No Change)

median Rent - Unit: $340 per week (+$10 from previous month)

Geelong

Properties for rent: 42 (-1 From Prev. Month)

Median Rent - House: $450 per week (+$5 From Previous Month)

median Rent - Unit: $406 per week (+$6 From Previous Month)

Geelong West

Properties for rent: 37 (-7 From Prev. Month)

Median Rent - House: $410 per week (+$10 from previous month)

median Rent - Unit: $380 per week (No Change)

Grovedale

Properties for rent: 23 (No Change)

Median Rent - House: $420 per week (No Change)

median Rent - Unit: $350 per week (+$2 from previous month)

Hamlyn Heights

Properties for rent: 18 (+1 From Previous Month)

Median Rent - House: $380 per week (No Change)

median Rent - Unit: $370 per week (+$20 From Previous Month)

Herne Hill

Properties for rent: 12 (+4 From Previous Month)

Median Rent - House: $380 per week (No Change)

median Rent - Unit: $260 per week (No Change)

Highton

Properties for rent: 36 (-3 From Previous Month)

Median Rent - House: $450 per week (+$7 From Previous Month)

median Rent - Unit: $340 per week (No Change)

Lara

Properties for rent: 19 (-3 From Previous Month)

Median Rent - House: $450 per week (+$10 From Previous Month)

median Rent - Unit: $350 per week (No Change)

Leopold

Properties for rent: 12 (-4 From Previous Month)

Median Rent - House: $420 per week (+$10 From Previous Month)

median Price - Unit: $360 per week (+$5 From Previous Month)

Manifold Heights

Properties for rent: 6 (-3 From Previous Month)

Median Rent - House: $390 per week (+$7 From Previous Month)

median Price - Unit : $313 per week (-$33 From Previous Month)

Mount Duneed

Properties for rent: 17 (+9 From Previous Month)

Median Rent - House: $460 per week (No Change)

median Rent - Unit: Not enough data

Newcomb

Properties for rent: 8 (-3 From Prev. Month)

Median Rent - house: $350 per week (No Change)

median Rent - Unit: $320 per week (-$10 From Previous Month)

Newtown

Properties for rent: 35 (-4 From Previous Month)

Median Rent - House: $460 per week (+$10 from previous month)

median Rent - unit: $350 per week (No Change)

Norlane

Properties for rent: 17 (-2 From Previous Month)

Median Rent - house: $300 per week (+$5 From Previous Month)

median Rent - Unit: $300 per week (No Change)

North Geelong

Properties for rent: 10 (+1 From Previous Month)

Median Rent - House: $370 per week (+$10 From Previous Month)

median Rent - Unit: $290 per week (+$5 From Previous Month)

South Geelong

Properties for rent: 2 (-4 From Previous Month)

Median Rent - House: $450 per week (no change)

median Rent - Unit: $320 per week (-$20 From Previous Month)

St Albans Park

Properties for rent: 2 (-4 From Previous Month)

Median Rent - House: $388 per week (+$3 From Previous Month)

median Rent - Unit: $300 per week (no change)

Waurn ponds

Properties for rent: 17 (+6 From Previous Month)

Median Rent - house: $480 per week (+$10 From Previous Month)

median Rent - Unit: Not enough data

Whittington

Properties for rent: 6 (+2 From Previous Month)

Median Rent - House: $350 per week (+$5 From Previous Month)

median Rent - Unit: $310 per week (no change)

Our Average leasing period

Days On Market

The Average leasing period in Geelong

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – July 2021 appeared first on Verdi Property Management.

Geelong Rental Market Update – June 2021

Jesse Verdichizzi — Tue, 22 Jun 2021 05:01:36 +0000

GEELONG RENTAL MARKET UPDATE (JUNE 2021)

Our data source from realestate.com.au show that the median rent for houses in Geelong is $450 per week and $400 per week for units. The median property price for houses in Geelong range from $885,000 for houses and $606,000 for units. Property investors in the suburb of Geelong receive a median gross rental yield of 2.6% for houses and 3.4% for units.

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

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong Creek

Properties for rent: 27 (+1 from previous month)

Median Rent (House): $430 per week (+$5 per week from prev. month)

Median Rent (Unit): No data

Bell Park

Properties for rent: 15 (+7 From Prev. Month)

Median Rent (House): $368 per week (+$3 From Prev. Month)

Median Rent (Unit): $350 Per week

Bell Post Hill

Properties for rent: 12 (+7 From Prev. Month)

Median Rent - House : $400 per week (+$5 From Prev. Month)

median Rent - Unit: $350 per week

Belmont

Properties for rent: 38 (+6 From Prev. Month)

Median Rent - house: $400 per week (+$10 From Prev. Month)

median Price - Unit: $350 per week

Charlemont

Properties for rent: 10 (+7 From Prev. Month)

Median Rent - House: $420 per week (+$10 From Prev. Month)

median Rent - unit: No Data

Corio

Properties for rent: 16

Median Rent - House: $320 per week

median Rent - Unit: $285 per week

East Geelong

Properties for rent: 19 (+8 From Prev. Month)

Median Rent - house: $385 per week (-$5 From Prev. Month)

median Rent - Unit: $330 per week

Geelong

Properties for rent: 43 (+2 From Prev. Month)

Median Rent - House: $445 per week (+$5 From Prev. Month)

median Rent - Unit: $400 per week

Geelong West

Properties for rent: 44 (+17 From Prev. Month)

Median Rent - House: $400 per week

median Rent - Unit: $380 per week

Grovedale

Properties for rent: 23 (-3 From Prev. Month)

Median Rent - House: $420 per week

median Rent - Unit: $348 per week

Hamlyn Heights

Properties for rent: 17 (+1 From Prev. Month)

Median Rent - House: $380 per week (+$7 From Prev. Month)

median Rent - Unit: $350 per week

Herne Hill

Properties for rent: 8 (-8 From Prev. Month)

Median Rent - House: $380 per week (+$10 From Prev. Month)

median Rent - Unit: $260 per week

Highton

Properties for rent: 39 (+9 From Prev. Month)

Median Rent - House: $443 per week (+$3 From Prev. Month)

median Rent - Unit: $340 per week

Lara

Properties for rent: 22 (+8 From Prev. Month)

Median Rent - House: $440 per week

median Rent - Unit: $350 per week

Leopold

Properties for rent: 16 (+7 From Prev. Month)

Median Rent - House: $410 per week (+$10 From Prev. Month)

median Price - Unit: $355 per week

Manifold Heights

Properties for rent: 9 (+4 From Prev. Month)

Median Rent - House: $383 per week (+$3 From Prev. Month)

median Price - Unit : $350 per week

Mount Duneed

Properties for rent: 8 (-3 From Prev. Month)

Median Rent - House: $460 per week (+$10 From Prev. Month)

median Rent - Unit: No Data

Newcomb

Properties for rent: 11 (-2 From Prev. Month)

Median Rent - house: $350 per week

median Rent - Unit: $330 per week

Newtown

Properties for rent: 39 (+9 From Prev. Month)

Median Rent - House: $450 per week

median Rent - unit: $350 per week

Norlane

Properties for rent: 19 (-3 From Prev. Month)

Median Rent - house: $295 per week (+$5 From Prev. Month)

median Rent - Unit: $300 per week

North Geelong

Properties for rent: 9 (+1 From Prev. Month)

Median Rent - House: $360 per week (+$10 From Prev. Month)

median Rent - Unit: $293 per week

South Geelong

Properties for rent: 6

Median Rent - House: $450 per week (+$20 From Prev. Month)

median Rent - Unit: $340 per week

St Albans Park

Properties for rent: 6 (+4 From Prev. Month)

Median Rent - House: $385 per week (+$5 From Prev. Month)

median Rent - Unit: $300 per week

Waurn ponds

Properties for rent: 11 (-2 From Prev. Month)

Median Rent - house: $470 per week

median Rent - Unit: No Data

Whittington

Properties for rent: 4 (-2 From Prev. Month)

Median Rent - House: $345 per week (+$12 From Prev. Month)

median Rent - Unit: $310 per week

Our Average leasing period

Days On Market

The Average leasing period in Geelong

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – June 2021 appeared first on Verdi Property Management.

Geelong Rental Market Update – May 2021

Jesse Verdichizzi — Mon, 26 Apr 2021 05:33:45 +0000

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.

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

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 %

Our Average leasing period

Days On Market

The Average leasing period in Geelong

Days On Market

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

The post Geelong Rental Market Update – May 2021 appeared first on Verdi Property Management.

Geelong Property Management Fees

Jesse Verdichizzi — Mon, 30 Nov 2020 00:20:38 +0000

GEELONG PROPERTY MANAGEMENT FEES

WHAT ARE THE TYPICAL PROPERTY MANAGEMENT FEES IN GEELONG?

Have you just purchased an investment property in Geelong? Purchasing real estate is an incredible achievement for many property investors. The property purchase process can be quite stressful, by having to submit multiple offers to agents, signing paperwork and organising finance. The stressful process is all worth it when you have collected the property keys and have felt the feeling of achievement.

However, the property journey has just started and now you will likely need to consider hiring a professional property manager. Managing your own investment property can seem like a great idea for many, but the management process can quickly become very overwhelming. That’s why many successful property investors choose to hire a professional property manager who can perform all of the property management services for you.

The average property management fee in Geelong is 6 – 8% of the rental income collected, plus GST. The management fee is a regular fee which is collected by the agent every month. As a savvy property investor, it is a good idea to compare fees between a few agencies.

Find out more about property management fees and what to look for below.

WHAT TYPES OF FEES WILL I NEED TO PAY FOR TO LEASE MY PROPERTY?

The type of fees a property management agency in Geelong charge, can be broken up into 4 main categories.

Management fee
Leasing fee
Advertising / Marketing
Other

The management fee is the cost to have your property managed by a professional and licensed agent. Most agencies will include the same or similar services in their overall property management service, but it is important to consider the quality of the services. Selecting the cheapest agency may save you in the short term, but will likely cost you more in the long run. Your role as a savvy property investor is to maximise your investment returns over a long period of time, and therefore it is important to consider the agencies track record and online reputation.

The leasing fee is the cost for the agency to secure a new tenant for your property. These services are crucial to the overall success of your investment property, so it is very important to request an overview of the leasing process.

Advertising and marketing costs are charged by the agency when looking for a new tenant to occupy your property. The main costs to consider are the photography fee and online listing fee.

Other fees which property managers may charge include:

Lease renewal ($100 – $400)
VCAT / Tribunal attendance and representation (billed per hour)
Monthly administration fee ($2 – $10 per month)
Tenancy database check ($10 – $20 per applicant)
Inspection / condition report ($20 – $60)
Insurance claims ($100 – $250)
Annual statement fee ($25 – $50)

SIGNING THE MANAGING AUTHORITY

Once you have decided on the property manager you would like to manage your investment property in Geelong, it is now time to sign the some paperwork. The official document which you will need to sign to hire your selected property manager is called the ‘exclusive management authority’. Before signing the agreement, it is always important to read over the form to make sure nothing has been left out and that you understand what you are agreeing to.

The following items should be listed in the agreement:

A breakdown of all fees and charges
The procedure for maintenance repairs and the authorised amounts
The length of the exclusive authority
The notice period for terminating the agreement by either party – typically 10 – 14 days

Once you have signed the agreement forms, the property manager will now have authority to begin managing your investment property and start to organise the marketing campaign if you are seeking a new tenant.

WHAT TO DO IF YOUR PROPERTY MANAGER IS NOT MEETING YOUR EXPECTATIONS?

It is unrealistic to think that all property managers are able to perform consistently and ensure your property is begin well managed. The property management industry has a very high turnover of staff, typically 8-12% of property managers change jobs after just 12 months.

If your property is not performing, it may be time to make a switch. Fortunately, it’s easy to start a fresh with a new agency and a new property manager. Once you find a new property management agency and have signed the management agreement forms, you will simply need to provide notice to your current agency and your new agency will take care of the rest for you.

At Verdi Property Management, our approach is built from our own experience as property investors. We strongly value professionalism and integrity which helps us form quality relationships with our rental providers and renters. With building quality relationships with not only our clients but also renters, ensures the property management process is concise and efficient. Our team have a firm understanding of property and with our exclusive and defined management processes we provide our clients with a comprehensive property management service.

We welcome you to experience our consistent and quality property management service and become our valued client.

READY TO MAKE THE SWITCH?

The post Geelong Property Management Fees appeared first on Verdi Property Management.

Property Investor Guide

Jesse Verdichizzi — Wed, 25 Nov 2020 05:43:10 +0000

PROPERTY INVESTOR GUIDE

- tips for Property investors -

RENTING AN INVESTMENT PROPERTY

Do you want to become a landlord and rent your investment property? Managing a rental property is like running a small business. You will have outgoings such as mortgage repayments, council rates, maintenance and repairs, etc. You will also receive a rental income stream to offset these outgoings. If you are thinking of investing in the real estate market, here are some tips to help you get started.

PARTNER WITH A PROPERTY MANAGER

A first time property investor should speak to a specialist property management agency, who are experienced in property management. A professional property manager will have successful processes to ensure you receive a consistently high rental income through quality tenant screening, annual rent reviews and collection of rental payments. Receiving a regular, rental income is important but, maintaining the value of your property through regular inspections is also a very important task which a property manager performs.

An experienced property manager will also be across all tenancy regulations to ensure you and your property are protected at all times. With 120 new changes to the Residential Tenancies Regulations, the job of a property manager has become more important. As part of these changes the Residential Tenancies Regulations 2021 (RTR) now requires all residential rental properties to undergo the following: Annual Smoke Alarm Safety Service, Gas Safety and Carbon Monoxide Service (every 2 years), Electrical Safety Service (every 2 years).

First time investors should speak to a property manager before committing to the renting process. Our property management team will be able to provide you with an accurate rental appraisal for your property and information about our quality property management services.

PROTECT YOUR INVESTMENT PROPERTY

Speak to your financial planner or accountant about how your property investments should be structured to handle the ups and downs that could come with investing. You should be having this conversation with your accountant before before purchasing a property.

Once you have purchased a property in the right investment structure for you, it is extremely important to have your property insurance.

CONSIDER TAX DEPRECIATION

Having an investment property can be a tax life saver, as it be reduce your taxable income and decrease the amount of tax you are required to pay. Talk to your financial planner or accountant about ways you can save, for example, arranging a depreciation schedule.

REQUEST A FREE RENTAL APPRAISAL

Find out the rental value of your property with our no-obligation & same day rental appraisal from Verdi Property Management

[contact-form-7]

We provide an accurate rental appraisal for your property by taking into account the following:

Our rental appraisals are highly sought after for the following reasons:

The post Property Investor Guide appeared first on Verdi Property Management.

Why choose a boutique property management agency?

Jesse Verdichizzi — Tue, 03 Dec 2019 01:33:39 +0000

WHY CHOOSE A BOUTIQUE PROPERTY MANAGEMENT AGENCY?

When selecting a property manager you may be considering hiring a large real estate franchise who offer both property management and sales. You might have seen a few of their sales boards in the local area which gives you confidence that they are the local experts, but are they the right choice for property management? Here are a few points to consider when selecting your property manager.

SUPERIOR LEVEL OF SERVICE

At a boutique property management agency which offers 100% property management services, you will notice a significant difference in the level of customer service provided. One of the main reasons that a property manager is able to offer a personal and better quality level of service to the landlord and tenant, is due to the smaller amount of properties they are responsible for at one particular time. This allows property managers to deliver the level of service you need and that you expect as a property owner.

To allow a property manager to offer a boutique, personal level of service, they should be managing a maximum of 100 properties. You will receive a better quality of service from a property manager that is managing less properties, so be sure to ask this when interviewing different agencies.

INCREASED LEVEL OF COMMUNICATION

At a boutique agency, property owners have direct communication with the managing director. This provides landlords with a level of confidence knowing you have the ability to go ‘straight to the top’ if required. The property managers at a boutique agency, also have constant communication with the managing director. This can boost level of productivity, which can increases the overall level of service. Employees are able to get quick and innovative solutions to their problems. Fast and effective communication between all parties is essential to building successful, long-term business relationships. An increased level of communication across the board at a boutique agency is one the major factors for many property owners when deciding on which agency to hire.

HIGHER RETURNS & BETTER RESULTS

Many property owners choose boutique agencies because they are specialists in a particular service. By selecting a boutique property management agency you will have a dedicated property manager who is solely focused on delivering the best level of service. Therefore, you are able to receive greater results from your investment property in the long run. As a property owner your main goal is to receive the greatest return on your investment (ROI). This marries up with the main goal of a specialist in property management which is to optimise the performance of your investment property.

CHOOSE VERDI PROPERTY MANAGEMENT

Verdi Property Management is the premier boutique property management agency in Geelong. As a boutique agency we specialise in property management. This allows us to deliver the highest level of service to our clients. Our team manage a size property portfolio which we can handle and continue to provide a higher level of service to property owners.

Our main point of difference is that we offer our clients one point of contact from the leasing of your property, through to the vacating process. The property manager which is first assisgned to your property, will stay with you during your property journey which will enable us to build trust and confidence with you and your renters.

TALK TO ONE OF OUR GEELONG PROPERTY MANAGERS

The post Why choose a boutique property management agency? appeared first on Verdi Property Management.

Property Management

Geelong Rental Market Update – June 2022

GEELONG RENTAL MARKET UPDATE

(June 2022)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong CreekMedian House Rental Price - $470 per week9.3% growth over 12 months

Bell ParkMedian house rental price - $400 per week 5.3% Growth Over 12 Months

Bell Post HillMedian house rental price - $420 per week 5.3% Growth Over 12 Months

BelmontMedian House Rental Price - $440 Per Week 10% Growth Over 12 Months

CharlemontMedian House Rental Price - $450 Per Week 7.1% Growth Over 12 Months

CorioMedian House Rental Price - $350 Per Week 6% Growth Over 12 Months

East GeelongMedian House Rental Price - $470 Per Week 12.6% Growth Over 12 Months

GeelongMedian House Rental Price - $480 Per Week 6.7% Growth Over 12 Months

Geelong WestMedian House Rental Price - $475 Per Week 14.5% Growth Over 12 Months

GrovedaleMedian House Rental Price - $440 Per Week 4.8% Growth Over 12 Months

Hamlyn HeightsMedian House Rental Price - $420 Per Week 7.7% Growth Over 12 Months

Herne HillMedian House Rental Price - $430 Per Week 13.2% Growth Over 12 Months

HightonMedian House Rental Price - $475 Per Week 5.6% Growth Over 12 Months

Mount DuneedMedian House Rental Price - $500 Per Week 11.1% Growth Over 12 Months

NewcombMedian House Rental Price - $390 Per Week 8.3% Growth Over 12 Months

NewtownMedian Rent for Houses: $497 per week5.9% Growth Over 12 Months

NorlaneMedian House Rental Price - $330 Per Week 11.9% Growth Over 12 Months

North Geelong Median House Rental Price - $400 Per Week 11.1% Growth Over 12 Months

Waurn pondsMedian House Rental Price - $500 Per Week 4.2% Growth Over 12 Months

lOOKING TO LEASE YOUR PROPERTY?

Geelong Rental Market Update – October 2021

GEELONG RENTAL MARKET UPDATE

(OCTOBER 2021)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong CreekRental Properties Available: 21 (+1 from September)Median Rent for houses: $450 per week (+$7 from September)

Bell ParkRental Properties Available: 13 (-2 From September)Median Rent for houses: $385 per week

Bell Post HillRental Properties Available: 10 (+2 From September)Median Rent for houses: $410 per week

BelmontRental Properties Available: 36 (-8 From September)Median Rent for houses: $400 per week

CharlemontRental Properties Available: 8 (+2 From September)Median Rent for houses: $430 per week

CorioRental Properties Available: 28 (+2 From September)Median Rent for Houses: $330 per week

East GeelongRental Properties Available: 9 (-1 From September)Median Rent for houses: $400 per week (+$5 From September)

GeelongRental Properties available: 41 (-4 From September)Median Rent for houses: $450 per week

Geelong WestRental Properties Available:: 27 (-5 From September)Median Rent for Houses: $420 per week

GrovedaleRental Properties Available: 17 (-2 From September)Median Rent for Houses: $430 per week

Hamlyn HeightsRental Properties Available: 12 Median Rent for Houses: $400 per week

Herne HillRental Properties Available: 8 (-5 From September)Median Rent for Houses: $390 per week (+$5 From September)

HightonRental Properties Available: 36 (-8 From September)Median Rent for Houses: $450 per week

Mount DuneedRental Properties Available: 5 (-2 From September) Median Rent for Houses: $470 per week

NewcombRental Properties Available: 14 (-5 From September)Median Rent for houses: $360 per week

NewtownRental Properties Available: 27 (+4 From September) Median Rent for Houses: $460 per week

NorlaneRental Properties Available: 24 (+1 From September)Median Rent for houses: $300 per week

North Geelong Rental Properties Available: 6 (-2 From September)Median Rent for Houses: $390 per week

Waurn pondsRental Properties Available: 14 (-1 From September)Median Rent for houses: $480 per week

Our Average leasing period

Geelong Average leasing period

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

Geelong Rental Market Update – September 2021

GEELONG RENTAL MARKET UPDATE (SEPTEMBER 2021)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong CreekProperties Available for rent: 20 (-5 from August)Median Rent for houses: $443 per week (+$3 from August)

Bell ParkProperties Available for rent: 15 (-5 From August)Median Rent for houses: $385 per week (-$5 From August)Median Rent for units: $355 Per week (+$5 From August)

Bell Post HillProperties Available For Rent: 8 Median Rent for houses: $410 per week (+$10 From August)median Rent for units: $370 per week

BelmontProperties Available For Rent: 44 Median Rent for houses: $400 per week median Price for units: $370 per week (+$7 From August)

CharlemontProperties Available For Rent: 6 Median Rent for houses: $430 per week (+$5 From August)median rent for units: Not enough Data

CorioProperties Available For Rent: 26 Median Rent for Houses: $330 per week median Rent for Units: $285 per week (+$5 From August)

East GeelongProperties Available For Rent: 10 Median Rent for houses: $395 per week (+$5 From August)median Rent for Units: $340 per week (+$10 From August)

GeelongProperties available for rent: 45 (+3 From August)Median Rent for houses: $450 per week median Rent for Units: $410 per week

Geelong WestProperties Available For Rent: 32 Median Rent for Houses: $420 per week median Rent for Units: $395 per week

GrovedaleProperties Available For Rent: 19Median Rent for Houses: $430 per week (+$10 From August)median Rent for Units: $350 per week

Hamlyn HeightsProperties Available for rent: 12 Median Rent for Houses: $400 per week (+$10 From august)median Rent for Units: $380 per week (+$10 From august)

Herne HillProperties Available for rent: 13Median Rent for Houses: $385 per week median Rent for Units: $265 per week

HightonProperties available for rent: 44 (-7 from august)Median Rent for Houses: $450 per week median Rent for Units: $345 per week

LaraProperties available for rent: 32 (+16 From august)Median Rent for Houses: $450 per weekmedian Rent for Units: $350 per week

LeopoldProperties available for rent: 15 Median Rent for Houses: $430 per week (+$10 From August)median Price for Units: $365 per week (+$10 From August)

Mount DuneedProperties available for rent: 7 Median Rent for Houses: $470 per week (+$10 From August)

NewcombProperties available for rent: 19 (+11 From august)Median Rent for houses: $360 per week (+$10 From August)median Rent for Units: $330 per week (+$10 From August)

NewtownProperties available for rent: 23 (-13 From august)Median Rent for Houses: $460 per weekmedian Rent for units: $360 per week

NorlaneProperties available for rent: 23 (+9 From Previous Month)Median Rent for houses: $300 per weekmedian Rent for Units: $310 per week (+$10 From August)

North Geelong Properties available for rent: 8 Median Rent for Houses: $390 per week (+$10 From August)median Rent for Units: $300 per week (+$10 From August)

Waurn pondsProperties available for rent: 15 (+5 From august)Median Rent for houses: $480 per week

Our Average leasing period

The Average leasing period in Geelong

Armstrong Creek

Median House Rental Price - $470 per week

9.3% growth over 12 months

Bell Park

Median house rental price - $400 per week

5.3% Growth Over 12 Months

Bell Post Hill

Median house rental price - $420 per week

5.3% Growth Over 12 Months

Belmont

Median House Rental Price - $440 Per Week

10% Growth Over 12 Months

Charlemont

Median House Rental Price - $450 Per Week

7.1% Growth Over 12 Months

Corio

Median House Rental Price - $350 Per Week

6% Growth Over 12 Months

East Geelong

Median House Rental Price - $470 Per Week

12.6% Growth Over 12 Months

Geelong

Median House Rental Price - $480 Per Week

6.7% Growth Over 12 Months

Geelong West

Median House Rental Price - $475 Per Week

14.5% Growth Over 12 Months

Grovedale

Median House Rental Price - $440 Per Week

4.8% Growth Over 12 Months

Hamlyn Heights

Median House Rental Price - $420 Per Week

7.7% Growth Over 12 Months

Herne Hill

Median House Rental Price - $430 Per Week

13.2% Growth Over 12 Months

Highton

Median House Rental Price - $475 Per Week

5.6% Growth Over 12 Months

Mount Duneed

Median House Rental Price - $500 Per Week

11.1% Growth Over 12 Months

Newcomb

Median House Rental Price - $390 Per Week

8.3% Growth Over 12 Months

Newtown

Median Rent for Houses: $497 per week

5.9% Growth Over 12 Months

Norlane

Median House Rental Price - $330 Per Week

11.9% Growth Over 12 Months

North Geelong

Median House Rental Price - $400 Per Week

11.1% Growth Over 12 Months

Waurn ponds

Median House Rental Price - $500 Per Week

4.2% Growth Over 12 Months

Armstrong Creek

Rental Properties Available: 21 (+1 from September)

Median Rent for houses: $450 per week (+$7 from September)

Bell Park

Rental Properties Available: 13 (-2 From September)

Median Rent for houses: $385 per week

Bell Post Hill

Rental Properties Available: 10 (+2 From September)

Median Rent for houses: $410 per week

Belmont

Rental Properties Available: 36 (-8 From September)

Median Rent for houses: $400 per week

Charlemont

Rental Properties Available: 8 (+2 From September)

Median Rent for houses: $430 per week

Corio

Rental Properties Available: 28 (+2 From September)

Median Rent for Houses: $330 per week

East Geelong

Rental Properties Available: 9 (-1 From September)

Median Rent for houses: $400 per week (+$5 From September)

Geelong

Rental Properties available: 41 (-4 From September)

Median Rent for houses: $450 per week

Geelong West

Rental Properties Available:: 27 (-5 From September)

Median Rent for Houses: $420 per week

Grovedale

Rental Properties Available: 17 (-2 From September)

Median Rent for Houses: $430 per week

Hamlyn Heights

Rental Properties Available: 12

Median Rent for Houses: $400 per week

Herne Hill

Rental Properties Available: 8 (-5 From September)

Median Rent for Houses: $390 per week (+$5 From September)

Highton

Rental Properties Available: 36 (-8 From September)

Median Rent for Houses: $450 per week

Mount Duneed

Rental Properties Available: 5 (-2 From September)

Median Rent for Houses: $470 per week

Newcomb

Rental Properties Available: 14 (-5 From September)

Median Rent for houses: $360 per week

Newtown

Rental Properties Available: 27 (+4 From September)

Median Rent for Houses: $460 per week

Norlane

Rental Properties Available: 24 (+1 From September)

Median Rent for houses: $300 per week

North Geelong

Rental Properties Available: 6 (-2 From September)

Median Rent for Houses: $390 per week

Waurn ponds

Rental Properties Available: 14 (-1 From September)

Median Rent for houses: $480 per week

Armstrong Creek

Properties Available for rent: 20 (-5 from August)

Median Rent for houses: $443 per week (+$3 from August)

Bell Park

Properties Available for rent: 15 (-5 From August)

Median Rent for houses: $385 per week (-$5 From August)

Median Rent for units: $355 Per week (+$5 From August)

Bell Post Hill

Properties Available For Rent: 8

Median Rent for houses: $410 per week (+$10 From August)

median Rent for units: $370 per week

Belmont

Properties Available For Rent: 44

Median Rent for houses: $400 per week

median Price for units: $370 per week (+$7 From August)

Charlemont

Properties Available For Rent: 6

Median Rent for houses: $430 per week (+$5 From August)

median rent for units: Not enough Data

Corio

Properties Available For Rent: 26

Median Rent for Houses: $330 per week

median Rent for Units: $285 per week (+$5 From August)

East Geelong

Properties Available For Rent: 10

Median Rent for houses: $395 per week (+$5 From August)

median Rent for Units: $340 per week (+$10 From August)

Geelong

Properties available for rent: 45 (+3 From August)

Median Rent for houses: $450 per week

median Rent for Units: $410 per week

Geelong West

Properties Available For Rent: 32

Median Rent for Houses: $420 per week

median Rent for Units: $395 per week

Grovedale

Properties Available For Rent: 19

Median Rent for Houses: $430 per week (+$10 From August)

median Rent for Units: $350 per week

Hamlyn Heights

Properties Available for rent: 12

Median Rent for Houses: $400 per week (+$10 From august)

median Rent for Units: $380 per week (+$10 From august)

Herne Hill

Properties Available for rent: 13

Median Rent for Houses: $385 per week

median Rent for Units: $265 per week

Highton

Properties available for rent: 44 (-7 from august)

Median Rent for Houses: $450 per week

median Rent for Units: $345 per week

Lara

Properties available for rent: 32 (+16 From august)

Median Rent for Houses: $450 per week

median Rent for Units: $350 per week

Leopold

Properties available for rent: 15

Median Rent for Houses: $430 per week (+$10 From August)

median Price for Units: $365 per week (+$10 From August)

Mount Duneed

Properties available for rent: 7

Median Rent for Houses: $470 per week (+$10 From August)

Newcomb

Properties available for rent: 19 (+11 From august)

Median Rent for houses: $360 per week (+$10 From August)

median Rent for Units: $330 per week (+$10 From August)

Newtown

Properties available for rent: 23 (-13 From august)

Median Rent for Houses: $460 per week

median Rent for units: $360 per week

Norlane

Properties available for rent: 23 (+9 From Previous Month)

Median Rent for houses: $300 per week

median Rent for Units: $310 per week (+$10 From August)

North Geelong

Properties available for rent: 8

Median Rent for Houses: $390 per week (+$10 From August)

median Rent for Units: $300 per week (+$10 From August)

Waurn ponds

Properties available for rent: 15 (+5 From august)

Median Rent for houses: $480 per week

Armstrong Creek

Properties for rent: 25 (-4 from previous month)

Median Rent (House): $440 per week (No Change)

Median Rent (Unit): Not enough data

Bell Park

Properties for rent: 20 (+6 From Previous Month)

Median Rent (House): $390 per week (No Change)

Median Rent (Unit): $350 Per week (No change)

Bell Post Hill

Properties for rent: 7 (-2 From Previous Month)

Median Rent - House : $400 per week (no change)

median Rent - Unit: $370 per week (+ $5 from previous month)

Belmont

Properties for rent: 43 (+7 From Previous Month)

Median Rent - house: $400 per week (no change)

median Price - Unit: $363 per week (+ $13 From Previous Month)

Charlemont

Properties for rent: 8 (+3 From Previous Month)

Median Rent - House: $425 per week (+ $5 From Previous Month)

median Rent - unit: Not enough Data

Corio

Properties for rent: 24 (+8 From Previous Month)

Median Rent - House: $330 per week (+ $5 From Previous Month)

median Rent - Unit: $280 per week (No Change)

East Geelong

Properties for rent: 9 (-4 From Previous Month)

Median Rent - house: $390 per week (+ $5 From Previous Month)

median Rent - Unit: $330 per week (- $10 from previous month)

Geelong

Properties for rent: 42 (No Change)

Median Rent - House: $450 per week (+$5 From Previous Month)

median Rent - Unit: $405 per week (-$1 From Previous Month)

Geelong West

Properties for rent: 35 (-2 From Prev. Month)

Median Rent - House: $420 per week (+ $10 from previous month)

median Rent - Unit: $395 per week (+ $15 From Previous Month)

Grovedale

Properties for rent: 21 (-2 From Prev. Month)

Median Rent - House: $420 per week (No Change)

median Rent - Unit: $350 per week (No Change)

Hamlyn Heights

Properties for rent: 19 (+1 From Previous Month)

Median Rent - House: $390 per week (+ $10 From Previous Month)

median Rent - Unit: $370 per week (No Change)

Herne Hill

Properties for rent: 12 (+4 From Previous Month)

Median Rent - House: $380 per week (No Change)

median Rent - Unit: $260 per week (No Change)

Highton

Properties for rent: 51 (+15 From Previous Month)

Median Rent - House: $450 per week (No Change)

median Rent - Unit: $340 per week (No Change)

Lara

Properties for rent: 16 (-3 From Previous Month)

Median Rent - House: $450 per week (No Change)

median Rent - Unit: $350 per week (No Change)

Leopold

Properties for rent: 18 (+6 From Previous Month)

Median Rent - House: $420 per week (No Change)

median Price - Unit: $360 per week (No Change)

Mount Duneed

Properties for rent: 9 (-8 From Previous Month)

Median Rent - House: $460 per week (No Change)

median Rent - Unit: Not enough data

Newcomb

Properties for rent: 8 (-3 From Prev. Month)

Median Rent - house: $350 per week (No Change)

median Rent - Unit: $320 per week (-$10 From Previous Month)

Newtown

Properties for rent: 36 (+1 From Previous Month)

Median Rent - House: $460 per week (No Change)

median Rent - unit: $360 per week (+$10 From Previous Month)

Norlane

Properties for rent: 14 (-3 From Previous Month)

Median Rent - house: $300 per week (+$5 From Previous Month)

median Rent - Unit: $300 per week (No Change)

North Geelong

Properties for rent: 10 (No Change)

Median Rent - House: $380 per week (+$10 From Previous Month)

median Rent - Unit: $290 per week (No Change)

Waurn ponds

Properties for rent: 10 (-7 From Previous Month)

Median Rent - house: $480 per week (No Change)

median Rent - Unit: Not enough data