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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. 

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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

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The Average leasing period in Geelong

Days On Market
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