Geelong Rental Market Update August 2021 - Verdi Property Management

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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

Compare Listings

GEELONG RENTAL MARKET UPDATE (AUGUST 2021)

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

The Average leasing period in Geelong

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

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GEELONG RENTAL MARKET UPDATE (AUGUST 2021)

EXCLUSIVE & DEFINED PROPERTY MANAGEMENT

RENTAL MARKET OVERVIEW - bY SUBURB

Armstrong CreekProperties for rent: 25 (-4 from previous month)Median Rent (House): $440 per week (No Change)Median Rent (Unit): Not enough data

Bell ParkProperties 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 HillProperties 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)

BelmontProperties 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)

CharlemontProperties for rent: 8 (+3 From Previous Month)Median Rent - House: $425 per week (+ $5 From Previous Month)median Rent - unit: Not enough Data

CorioProperties 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 GeelongProperties 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)

GeelongProperties 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 WestProperties 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)

GrovedaleProperties for rent: 21 (-2 From Prev. Month)Median Rent - House: $420 per week (No Change)median Rent - Unit: $350 per week (No Change)

Hamlyn HeightsProperties 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 HillProperties for rent: 12 (+4 From Previous Month) Median Rent - House: $380 per week (No Change)median Rent - Unit: $260 per week (No Change)

HightonProperties for rent: 51 (+15 From Previous Month)Median Rent - House: $450 per week (No Change)median Rent - Unit: $340 per week (No Change)

LaraProperties for rent: 16 (-3 From Previous Month)Median Rent - House: $450 per week (No Change)median Rent - Unit: $350 per week (No Change)

LeopoldProperties for rent: 18 (+6 From Previous Month)Median Rent - House: $420 per week (No Change)median Price - Unit: $360 per week (No Change)

Mount DuneedProperties for rent: 9 (-8 From Previous Month)Median Rent - House: $460 per week (No Change)median Rent - Unit: Not enough data

NewcombProperties 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)

NewtownProperties 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)

NorlaneProperties 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 pondsProperties 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

The Average leasing period in Geelong

FIND OUT ABOUT OUR EFFECTIVE LEASING PROCESS

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