Geelong West, VIC 3218

Geelong West, VIC 3218

Compare Part of Greater Geelong

65.12 km
Distance from CBD
12 k
Population

Auction Times

Sat 6 Apr
Auction Time Agency
18 Candover Street
3 1 2 House
10:00 AM
Sat 6th Apr
Hodges
29 Albert Street
3 2 4 House
11:00 AM
Sat 6th Apr
Ray White
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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 $1,870,000 92
2011
$406,000
-5.9% $222,000 $1,000,000 85
2012
$410,000
+1.0% $198,000 $2,715,000 73
2013
$452,000
+9.3% $240,000 $1,550,000 106
2014
$462,500
+2.3% $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
$675,000
-5.3% $434,000 $1,795,000 111
2020
$770,000
+12.3% $280,000 $1,849,999 116
2021
$925,000
+16.8% $364,000 $1,907,500 150
2022
$960,000
+3.6% $405,400 $1,775,000 118
2023
$905,000
-6.1% $573,000 $2,050,000 112
2024
$1,000,000
+9.5% $580,000 $1,350,000 25
Median Sale Price
$905K
Based on 116 recorded sales within the last 12 months
Updated on 30 Mar 2024
Suburb Growth
-5.0%
Current Median Price: $905,000
Previous Median Price: $950,000
Based on 234 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$340
+2.9% $180 $580 143
2015
$350
+2.9% $120 $650 280
2016
$350
0.0% $160 $1,825 255
2017
$360
+2.8% $150 $700 238
2018
$380
+5.3% $170 $720 195
2019
$420
+9.5% $170 $750 199
2020
$400
-5.0% $200 $700 179
2021
$450
+11.1% $290 $950 201
2022
$475
+5.3% $170 $1,200 223
2023
$500
+5.0% $280 $950 204
2024
$500
0.0% $350 $1,100 31
Median Rent Price
$500
per week
Based on 184 recorded rent within the last 12 months
Updated on 30 Mar 2024
Rent Price Growth
+4.0%
Current Median Rent: $500
Previous Median Rent: $480
Based on 391 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $905,000
Current Median rent: $500
Based on 300 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Geelong West

Houses sold in Last 12 months ends 23 Mar 2024

$880K

Median Sale Price

57%

Clearance Rate

31/55

Sold/Reported

$2.05M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.6 M - $1.8 M 2
$1.4 M - $1.6 M 2
$1.2 M - $1.4 M 2
$800 K - $1 M
(Median Price Range)
6
$600 K - $800 K 8
$400 K - $600 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