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Published by meganmcguinness, 2023-08-27 02:11:59

Suburb_Flyover_GEELONG_25-08-2023

Suburb_Flyover_GEELONG_25-08-2023

GEELONG (HOUSE) SUBURB FLYOVER REPORT PREPARED BY: DAVID MCGUINNESS, MCGRATH GEELONG | NEWTOWN


GEELONG - Suburb Map This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


GEELONG - Sales Statistics (Houses) Year # Sales Median Growth Low High 2005 112 $ 325,000 0.0 % $ 110,000 $ 2,400,000 2006 132 $ 314,500 -3.2 % $ 60,000 $ 2,420,000 2007 108 $ 353,500 12.4 % $ 105,000 $ 2,355,000 2008 77 $ 360,000 1.8 % $ 22,000 $ 1,200,000 2009 82 $ 363,750 1.0 % $ 85,000 $ 2,400,000 2010 88 $ 462,500 27.1 % $ 206,250 $ 2,500,000 2011 85 $ 495,000 7.0 % $ 57,800 $ 2,200,000 2012 76 $ 455,500 -8.0 % $ 200,000 $ 5,000,000 2013 80 $ 500,000 9.8 % $ 130,000 $ 1,510,000 2014 72 $ 504,000 0.8 % $ 240,000 $ 2,200,000 2015 93 $ 590,000 17.1 % $ 205,000 $ 3,400,000 2016 92 $ 597,500 1.3 % $ 40,000 $ 3,200,000 2017 87 $ 735,000 23.0 % $ 210,000 $ 1,875,000 2018 80 $ 747,500 1.7 % $ 250,000 $ 4,000,000 2019 45 $ 720,000 -3.7 % $ 307,500 $ 2,600,000 2020 55 $ 882,000 22.5 % $ 345,500 $ 4,700,000 2021 94 $ 952,500 8.0 % $ 60,000 $ 3,500,000 2022 61 $ 900,000 -5.5 % $ 565,000 $ 6,900,000 2023 17 $ 830,000 -7.8 % $ 620,000 $ 1,650,000 Suburb Growth -2.1% Previous Median Price: $950,000 Current Median Price: $930,000 Based on 114 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $930k Based on 47 recorded House sales within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


GEELONG - Peak Selling Periods (3 years) GEELONG - Price Range Segments (12 months) This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


Median Weekly Rents (Houses) Suburb Rental Yield +2.8% Current Median Price: $930,000 Current Median Rent: $500 Based on 114 registered House rentals compared over the last 12 months. -2.1% Current Median Price: $930,000 Previous Median Price: $950,000 Based on 114 registered House sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth Median Weekly Rents (Units) Suburb Rental Yield +3.3% Current Median Price: $735,000 Current Median Rent: $470 Based on 277 registered Unit rentals compared over the last 12 months. +12.6% Current Median Price: $735,000 Previous Median Price: $652,856 Based on 205 registered Unit sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


GEELONG - Recently Sold Properties # Sold Properties 47 Based on recorded House sales within the 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics Suburb Growth -2.1% Previous Median Price: $950,000 Current Median Price: $930,000 Based on 114 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $930k Based on 47 recorded House sales within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics 73 FITZROY ST 466 m² 4 3 2 $1,550,000 Aug 2023 31 Days 174 YARRA ST 652 m² 3 2 2 $1,100,000 Aug 2023 51 Days 43A KILGOUR ST 154 m² 3 2 1 $715,000 Jun 2023 13 Days 44 KILGOUR ST 365 m² 3 2 1 $775,000 May 2023 10 Days 149 GHERINGHAP ST 429 m² 3 1 1 $680,000 May 2023 22 Days 123 VERNER ST 610 m² 3 1 1 $951,000 May 2023 22 Days 13 ENGLAND ST 120 m² 4 2 1 $1,650,000 May 2023 76 Days 5 FORREST ST 554 m² 3 1 2 $705,000 Apr 2023 254 Days 11 MORRISON ST 224 m² 2 2 2 $820,000 Apr 2023 32 Days This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


6 MCKILLOP ST 374 m² 4 1 2 $797,000 Mar 2023 187 Days 143 VERNER ST 601 m² 3 2 2 $930,000 Mar 2023 31 Days 5 PEVENSEY CRES 844 m² 3 - - $1,200,000 Mar 2023 N/A 87 KILGOUR ST 393 m² 3 3 3 $1,427,500 Mar 2023 3 Days 199 YARRA ST 211 m² 2 1 1 $700,000 Mar 2023 32 Days This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


GEELONG - Properties For Rent 114 Number of Rentals Based on recorded House rentals within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics Rental Yield +2.8% Current Median Price: $930,000 Based on 47 recorded House sales and 114 House rentals compared over the last 12 months Current Median Rent: $500 Median Rental Price $500 /w Based on 114 recorded House rentals within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics 5 SYDNEY AVENUE 478 m² 4 2 1 Aug 2023 3 Days $490 per week 1 JOHN PLACE 106 m² 3 1 - Aug 2023 3 Days $400.00 372 RYRIE STREET 280 m² 3 1 1 Aug 2023 4 Days $470.00 per 802/44 RYRIE STREET 1,595 m² 3 2 2 Aug 2023 7 Days $740 328 MYERS STREET 4 1 2 Aug 2023 7 Days $495 302/18 MALONE STREET 2,020 m² 2 2 1 Aug 2023 8 Days $530 153 VERNER STREET 694 m² 3 1 2 Aug 2023 9 Days $520 123 VERNER STREET 610 m² 3 1 1 Aug 2023 16 Days $570 weekly 8 O'FARRELL PLACE 286 m² 2 1 2 Aug 2023 21 Days $600 per week This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


606/53 MERCER STREET 2,020 m² 1 1 1 Aug 2023 22 Days $480/w 71 SWANSTON STREET 292 m² 3 1 2 Aug 2023 25 Days $470 71 SWANSTON STREET 292 m² 3 1 2 Jul 2023 26 Days $470 per week 15/96 MERCER STREET 716 m² 2 2 1 Jul 2023 29 Days $550 per week 1901/18-20 CAVENDISH STREET 2,031 m² 2 2 2 Jul 2023 36 Days UNDER 311 MOORABOOL STREET 421 m² 4 2 1 Jul 2023 38 Days $525.00 per 120 VERNER STREET 229 m² 2 1 - Jun 2023 66 Days $420 per week 106 LITTLE MYERS STREET 583 m² 3 1 1 Jun 2023 84 Days $490.00 58 FITZROY STREET 314 m² 3 1 1 Dec 2022 263 Days $460.00 34-36 SMYTHE STREET 385 m² 1 3 - Nov 2022 284 Days $240 This report has been compiled on 25/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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.


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