• Suite 1, 200 Malop Street, Geelong Vic 3220

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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
0

The Average leasing period in Geelong

Days On Market
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