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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

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The Average leasing period in Geelong

Days On Market
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