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Suburb_Flyover_GEELONG_WEST_08-12-2022 (1)

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Published by meganmcguinness, 2022-12-12 05:48:11

Suburb_Flyover_GEELONG_WEST_08-12-2022 (1)

Suburb_Flyover_GEELONG_WEST_08-12-2022 (1)

SUBURB FLYOVER REPORT

GEELONG WEST (HOUSE)

PREPARED BY: DAVID MCGUINNESS, MCGRATH GEELONG | NEWTOWN

GEELONG WEST - Suburb Map

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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 WEST - Sales Statistics (Houses)

Year # Sales Median Growth Low High Median Sale Price

2004 180 $ 246,500 0.0 % $ 80,000 $ 725,000 $980k
2005 181 $ 250,000 1.4 % $ 60,000 $ 625,000
2006 172 $ 265,000 6.0 % $ 82,000 $ 649,000 Based on 123 recorded House sales within
2007 167 $ 299,000 12.8 % $ 172,000 $ 825,000 the last 12 months (Oct '21 - Sep '22)
2008 147 $ 320,000 7.0 % $ 170,000 $ 680,000
2009 165 $ 348,000 8.8 % $ 135,000 $ 772,000 Based on a rolling 12 month period and may differ
2010 135 $ 385,000 10.6 % $ 100,000 $ 885,000 from calendar year statistics
2011 142 $ 400,000 3.9 % $ 125,000 $ 930,000
2012 124 $ 400,500 0.1 % $ 135,000 $ 700,000 Suburb Growth
2013 136 $ 430,000 7.4 % $ 175,000 $ 989,000
2014 152 $ 461,500 7.3 % $ 125,000 $ 1,100,100 +16.0%
2015 141 $ 487,500 5.6 % $ 175,000 $ 975,000
2016 145 $ 539,500 10.7 % $ 190,000 $ 1,250,000 Current Median Price: $980,000
2017 156 $ 652,000 20.9 % $ 72,500 $ 1,380,000 Previous Median Price: $845,000
2018 149 $ 711,000 9.0 % $ 220,000 $ 2,175,000
2019 136 $ 678,000 -4.6 % $ 300,000 $ 1,795,000 Based on 276 recorded House sales compared over the last two
2020 122 $ 752,500 11.0 % $ 371,000 $ 1,849,999 rolling 12 month periods
2021 156 $ 890,000 18.3 % $ 500,000 $ 1,907,500
2022 $ 990,000 11.2 % $ 540,000 $ 1,775,000
89

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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 WEST - Peak Selling Periods (3 years)

GEELONG WEST - Price Range Segments (12 months)

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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 Sale Price Growth

+16.0%

Current Median Price: $980,000
Previous Median Price: $845,000

Based on 276 registered House sales compared over
the last two rolling 12 month periods.

Suburb Rental Yield

+2.1%

Current Median Price: $980,000
Current Median Rent: $400

Based on 233 registered House rentals compared
over the last 12 months.

Median Weekly Rents (Units)

Suburb Sale Price Growth

+6.3%

Current Median Price: $650,000
Previous Median Price: $611,250

Based on 102 registered Unit sales compared over
the last two rolling 12 month periods.

Suburb Rental Yield

+2.8%

Current Median Price: $650,000
Current Median Rent: $350

Based on 136 registered Unit rentals compared over
the last 12 months.

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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 WEST - Recently Sold Properties

Median Sale Price Suburb Growth # Sold Properties

$980k +16.0% 123

Based on 123 recorded House sales within Current Median Price: $980,000 Based on recorded House sales within the 12
the last 12 months (Oct '21 - Sep '22) Previous Median Price: $845,000 months (Oct '21 - Sep '22)

Based on a rolling 12 month period and may differ Based on 276 recorded House sales compared over the last two Based on a rolling 12 month period and may differ
from calendar year statistics rolling 12 month periods from calendar year statistics

2 SCARLETT ST 25 JOHN ST 10 POTTER ST

$838,000 $1,025,000 $750,000

Dec 476 m² 3 1 2 Nov 462 m² 4 2 3 Nov 255 m² 3 1 1

2022 2022 2022

25 Days 108 Days 103 Days

3/88 ISABELLA ST 12 AVON ST 2 ANDREWS ST

$652,000 $955,000 $1,210,000

Nov 228 m² 2 1 2 Nov 364 m² 3 2 2 Nov 555 m² 3 2 2

2022 2022 2022

26 Days 26 Days 24 Days

33 YUILLE ST 133 AUTUMN ST 2 CROSS ST

$945,000 $1,060,000 $750,000

Oct 266 m² 4 2 1 Oct 591 m² 3 2 1 Oct 214 m² 1 2 1

2022 2022 2022

37 Days 30 Days 66 Days

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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.

7 POTTER ST 18 ISABELLA ST 50 COLLINS ST

$630,000 $760,000 $993,500

Oct 178 m² 1 1 1 Oct 499 m² 3 1 2 Oct 755 m² 4 2 3

2022 2022 2022

34 Days 34 Days 30 Days

2 ARNOTT ST 199 HOPE ST 9 ELIZABETH ST

$711,000 $1,550,000 $1,410,000

Oct 284 m² 3 1 1 Oct 510 m² 3 2 2 Oct 390 m² 3 2 1

2022 2022 2022

18 Days 24 Days 126 Days

8 HODGSON ST 66 SHANNON AVE 26 CROFTON ST

$820,000 $725,000 $755,000

Oct 548 m² 3 2 2 Oct 437 m² 3 1 1 Oct 390 m² 3 1 1

2022 2022 2022

119 Days 29 Days 20 Days

112 BRITANNIA ST 79 WARATAH ST 49 MCDOUGALL ST

$910,000 $837,500 $725,000

Sep 522 m² 4 1 2 Sep 294 m² 2 2 1 Sep 278 m² 2 1 1

2022 2022 2022

50 Days 37 Days 101 Days

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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 WEST - Properties For Rent

Median Rental Price Rental Yield Number of Rentals

$400 /w +2.1% 233

Based on 233 recorded House rentals Current Median Price: $980,000 Based on recorded House rentals within the
within the last 12 months (Oct '21 - Sep '22) Current Median Rent: $400 last 12 months (Oct '21 - Sep '22)

Based on a rolling 12 month period and may differ Based on 123 recorded House sales and 233 House rentals Based on a rolling 12 month period and may differ
from calendar year statistics compared over the last 12 months from calendar year statistics

49 FRENCH STREET 4 WELLINGTON STREET 79 WARATAH STREET

$500 per week $450.00 $620 per week

Dec 260 m² 3 1 - Dec 207 m² 2 1 1 Nov 294 m² 3 2 1

2022 2022 2022

3 Days 3 Days 8 Days

38 LAWTON AVENUE 3/18 CLONARD AVENUE 9 GEORGE STREET

$700 per week $650 $490 per week

Nov 687 m² 4 2 2 Nov 180 m² 3 2 2 Nov 272 m² 3 1 1

2022 2022 2022

9 Days 9 Days 13 Days

2/194 ABERDEEN STREET 1/30 CLARENCE STREET 60 CLARENCE STREET

$400 $450.00 $460 per week

Nov 701 m² 2 1 1 Nov 294 m² 3 1 1 Nov 752 m² 3 1 2

2022 2022 2022

15 Days 16 Days 17 Days

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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.

5/114-116 ISABELLA STREET 2 MELVILLE AVENUE 8 ANDERSON STREET

** Contact Agent $780 per week

Nov 157 m² 3 2 2 Nov 2 22 Nov 210 m² 4 3 1

2022 2022 2022

17 Days 20 Days 21 Days

30 COLLINS STREET 36 MCDOUGALL STREET 1/37 SPRING STREET

$440 p.w. $460 per week $440 per week

Nov 471 m² 3 1 2 Nov 285 m² 2 1 1 Nov 114 m² 3 2 1

2022 2022 2022

22 Days 24 Days 27 Days

68 ISABELLA STREET 87 CHURCH STREET 40 CROFTON STREET

$440 $480.00 $430 per week

Nov 530 m² 3 1 1 Nov 525 m² 4 1 4 Nov 390 m² 3 1 1

2022 2022 2022

28 Days 32 Days 35 Days

118 HOPE STREET 71 GERTRUDE STREET 27 HOPE STREET

$550 per week $650 per week $550.00

Nov 267 m² 3 2 1 Nov 306 m² 3 2 1 Oct 567 m² 4 1 2

2022 2022 2022

35 Days 36 Days 45 Days

This report has been compiled on 08/12/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - 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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