Geelong West, VIC 3218

Geelong West, VIC 3218

Compare Part of Greater Geelong

65.12 km
Distance from CBD
12 k
Population
Median Sale Price
House
$700K
Updated on Aug 2020
2 BR
$642K
3 BR
$688K
4 BR
$953K
Unit
$400K
Updated on Aug 2020
1 BR
$277K
2 BR
$370K
3 BR
$719K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$361,000
0.0% $201,000 $585,000 47
2010
$430,000
+16.0% $135,000 $1,238,000 92
2011
$402,000
-7.0% $222,000 $1,000,000 85
2012
$408,000
+1.5% $198,000 $2,715,000 73
2013
$451,000
+9.5% $240,000 $1,188,000 106
2014
$462,500
+2.5% $176,000 $1,120,000 133
2015
$495,000
+6.6% $186,500 $975,000 135
2016
$539,500
+8.2% $275,000 $1,500,000 127
2017
$665,000
+18.9% $225,000 $1,380,000 134
2018
$711,000
+6.5% $342,500 $2,175,000 135
2019
$676,000
-5.2% $434,000 $1,600,000 111
2020
$750,000
+9.9% $280,000 $1,600,000 76
Median Sale Price
$720K
Based on 102 recorded sales within the last 12 months
Updated on 29 Sep 2020
Suburb Growth
+7.4%
Current Median Price: $720,000
Previous Median Price: $667,000
Based on 226 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$400
Updated on Aug 2020
2 BR
$380
3 BR
$400
4 BR
$550
Unit
$360
Updated on Aug 2020
1 BR
$240
2 BR
$350
3 BR
$460
4 BR
$585
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$320
0.0% $140 $650 139
2012
$330
+3.0% $175 $750 197
2013
$330
0.0% $115 $750 226
2014
$335
+1.5% $180 $580 143
2015
$350
+4.3% $120 $650 280
2016
$350
0.0% $160 $1,825 255
2017
$360
+2.8% $150 $660 237
2018
$380
+5.3% $170 $720 195
2019
$420
+9.5% $170 $750 199
2020
$400
-5.0% $200 $650 125
Median Rent Price
$400
per week
Based on 170 recorded rent within the last 12 months
Updated on 29 Sep 2020
Rent Price Growth
0.0%
Current Median Rent: $400
Previous Median Rent: $400
Based on 376 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $720,000
Current Median rent: $400
Based on 272 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Geelong West

Houses sold in Last 12 months ends 26 Sep 2020

$720K

Median Sale Price

73%

Clearance Rate

32/44

Sold/Reported

$1.26M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$1 M - $1.2 M 4
$800 K - $1 M 3
$600 K - $800 K
(Median Price Range)
17
$400 K - $600 K 3
less than $400 K 2

Schools closest to Geelong West, VIC 3218

School name Address Type Sector Distance
Ashby Primary School 2 LAWTON AVENUEGeelong West 3218 Primary Government 0.42 km
St John's Lutheran School 33 ABERDEEN STGeelong 3220 Primary Independent 0.58 km
St Patrick's School PETREL STGeelong West 3218 Primary Catholic 0.74 km
Matthew Flinders Girls Secondary College LITTLE RYRIE STREETGeelong 3220 Secondary Government 0.91 km
Newtown Primary School ABERDEEN STREETNewtown 3220 Primary Government 0.93 km
Sacred Heart CollegeTop 100 RETREAT RDNewtown 3220 Secondary Catholic 1.09 km
Chilwell Primary School 313A PAKINGTON STREETNewtown 3220 Primary Government 1.46 km
The Geelong CollegeTop 50 TALBOT STREETNewtown 3220 Combined Independent 1.35 km
St Robert's School NICHOLAS STNewtown 3220 Primary Catholic 1.63 km
Clonard College 225 CHURCH STGeelong West 3218 Secondary Catholic 1.53 km