Suburb Report - Geelong

Suburb Report

Geelong VIC 3220

Prepared on: 08 February 2019

Prepared by: David McGuinness
Phone: 0412646009
Email: [email protected]

Suburb Report
Geelong VIC 3220

GEELONG

65km

Distance from GPO

5.2k

Population

11.1%

5 year population change

10 years

Average length of ownership

The size of Geelong is approximately 3.3 square kilometres. It has 13 parks covering nearly 8.4% of total area.
The population of Geelong in 2011 was 4,700 people. By 2016 the population was 5,220 showing a population
growth of 11.1% in the area during that time. The predominant age group in Geelong is 20-29 years.
Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month
on mortgage repayments. In general, people in Geelong work in a professional occupation. In 2011, 55.3% of
the homes in Geelong were owner-occupied compared with 54% in 2016. Currently the median sales price of
houses in the area is $720,000.

Total dwellings Total new listings* Median Value Total number currently listed

1,633 69 $673,629 17

1,245 71 $541,605 38

*Total number of unique properties listed for sale over the past 12 months.

08 February 2019 Page 2

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

HOUSES: FOR SALE

$$$ $900,000 The 75th percentile sale price of sales over the past 12 months within
$720,000 the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $577,500 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

08 February 2019 Page 3

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

HOUSES: MARKET ACTIVITY SNAPSHOT

ON THE MARKET RECENTLY SOLD

22 7
BEDROOMS

7 Pardon Place Geelong VIC 1 16 Henry Street Geelong VIC 1
3220 2 3220 1
218m2
Listed on 05 Feb 2019 Sold on 15 Dec 2018
$649,000-$689,000 $586,000*

421m2

134 Verner Street Geelong 1 2/27 Richmond Crescent 1
VIC 3220 1 Geelong VIC 3220 2
336m2 225m2
Listed on 29 Jan 2019 Sold on 10 Nov 2018
$495,000 -$515,000 $555,000

8 3 25

21 Alexandra Avenue BEDROOMS 370 Ryrie Street Geelong 2
Geelong VIC 3220 VIC 3220 1
Listed on 05 Feb 2019 1 Sold on 17 Jan 2019 506m2
Contact Agent 2 $837,000*
460m2 2
17 England Street Geelong 82 Fitzroy Street Geelong 2
VIC 3220 1 VIC 3220 469m2
Listed on 04 Feb 2019 2 Sold on 28 Dec 2018
Auction 172m2 $785,000*

54 7
BEDROOMS

4 Richmond Crescent 3 19 Pevensey Crescent 2
Geelong VIC 3220 2 Geelong VIC 3220 3
Listed on 06 Feb 2019 642m2 Sold on 26 Nov 2018 1,124m2
Price guide $830,000 - $880,000 $1,890,000
3 1
14 Ryrie Street Geelong VIC 1 34 McKillop Street Geelong 3
3220 550m2 VIC 3220 271m2
Listed on 05 Feb 2019 Sold on 26 Oct 2018
Not Disclosed $650,000

= number of houses currently On the Market or Sold within the last 6 months Page 4
*Agent advised

08 February 2019

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

UNITS: FOR SALE

$$$ $762,500 The 75th percentile sale price of sales over the past 12 months within
the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ $520,000 months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $422,500 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

08 February 2019 Page 5

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

UNITS: MARKET ACTIVITY SNAPSHOT

ON THE MARKET RECENTLY SOLD

6 1 2 1
1
8/4 Fitzroy Street Geelong BEDROOMS 301/8 Gheringhap Street -
VIC 3220 Geelong VIC 3220
Listed on 06 Feb 2019 1 Sold on 22 Nov 2018 1
$320,000-$340,000 1 $390,000* 1
- 447m2
701/8 Gheringhap Street 6/317 Moorabool Street
Geelong VIC 3220 1 Geelong VIC 3220
Listed on 05 Feb 2019 1 Sold on 17 Sep 2018
$429,000 - $459,000 - $860,000

20 2 17
BEDROOMS

1/17 Brownbill Street 1 403/8 Gheringhap Street 1
Geelong VIC 3220 1 Geelong VIC 3220 1
Listed on 05 Feb 2019 302m2 Sold on 11 Jan 2019 -
Contact Agent $465,000*
1 1
1/96 Mercer Street Geelong 2 7/2 Pevensey Street Geelong 1
VIC 3220 665m2 VIC 3220 -
Listed on 05 Feb 2019 Sold on 24 Dec 2018
$449,000 $395,000*

93 7
BEDROOMS
15 Adams Place Geelong
2/67 Sydney Parade Geelong 2 VIC 3220 1
VIC 3220 2 Sold on 07 Jan 2019 1
$633,000* 182m2
Listed on 06 Feb 2019
Not Disclosed 39 Alexandra Avenue 1
Geelong VIC 3220 2
167m2 Sold on 22 Dec 2018 313m2
Not Disclosed
3/44 Myers Street Geelong 1
VIC 3220 2
49m2
Listed on 05 Feb 2019
$495,000 - $530,000

= number of units currently On the Market or Sold within the last 6 months Page 6
*Agent advised

08 February 2019

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

HOUSES: FOR RENT

HOUSES: RENTAL ACTIVITY SNAPSHOT

FOR RENT

11 2

BEDROOMS

3/15 Mont Albert Road 1 2/27 Richmond Crescent 1
Geelong VIC 3220 1 Geelong VIC 3220 2
155m2 225m2
Listed on 07 Feb 2019 Listed on 07 Feb 2019
$350/W $455/W

13 3

BEDROOMS

232 Bellerine Street Geelong 1 12 Western Beach Road 2
VIC 3220 Geelong VIC 3220 3
210m2
Listed on 07 Feb 2019 1 Listed on 06 Feb 2019
$410/W $750/W

463m2

74
BEDROOMS

194 Kilgour Street Geelong 2 5 Richmond Place Geelong 4
VIC 3220 2 VIC 3220 2
465m2 531m2
Listed on 07 Feb 2019 Listed on 07 Feb 2019
$530/W $600/W

= number of houses observed as On the Market for Rent within the last month

08 February 2019 Page 7

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

UNITS: FOR RENT

UNITS: RENTAL ACTIVITY SNAPSHOT

FOR RENT

12 1

BEDROOMS

802/8 Gheringhap Street 1 3/73 McKillop Street -
Geelong VIC 3220 1 Geelong VIC 3220 1
- 2,118m2
Listed on 06 Feb 2019 Listed on 06 Feb 2019
$350/W $230/W

28 2

BEDROOMS

3/19 McMillan Avenue 1 8/203-207 Little Malop Street 1
Geelong VIC 3220 1 Geelong VIC 3220
184m2
Listed on 07 Feb 2019 Listed on 06 Feb 2019 1
$340/W $380/W

96m2

7 3

BEDROOMS

2/3 York Street Geelong VIC 2 1/236 Malop Street Geelong 1
3220 3 VIC 3220 2
348m2 795m2
Listed on 06 Feb 2019 Listed on 02 Feb 2019
$780/W $420/W

= number of units observed as On the Market for Rent within the last month

08 February 2019 Page 8

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Geelong VIC 3220

u DISCLAIMER

CoreLogic Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the
accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law
excludes all for any loss or damage arising in connection with the data and information contained in this publication.

The listing prices shown represent the first and last listing price CoreLogic recorded in the advertising campaign for the
property. In some instances we may have derived the price from the advertisement text. Where we have been unable to derive
the price from the advertisement text (for example “Auctions”), the discount calculations will be unavailable.

Census statistics are provided by the Australian Bureau of Statistics (ABS) available at http://www.abs.gov.au/ under Creative
Commons Attribution 2.5 (http://creativecommons.org/licenses/by/2.5/au/legalcode).

State Government Copyright Notice and Disclaimer

VIC - The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the
consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant
the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on
the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions
in the information supplied.

Publisher

RP Data Pty Ltd trading as CoreLogic Asia Pacific
ABN 67 087 759 171
P: 1300 734 318
E: [email protected]

08 February 2019 Page 9

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.