Geelong West, VIC 3218
Compare Part of Greater Geelong
65.12 km
Distance from Melbourne CBD
12 k
Population
Auction Times
Wed 3 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 45 Catherine Street 3 2 3 House | 6:30 PM Wed 3rd Mar | Buxton |
Sat 6 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 28 Potter Street 2 2 1 Townhouse | 11:30 AM Sat 6th Mar | Barry Plant |
 | 11 French Street 2 1 0 House | 11:30 AM Sat 6th Mar | Fruit Property |
Sat 13 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 48 Trigg Street 4 2 2 House | 10:00 AM Sat 13th Mar | Ray White |
 | 3/225 Hope Street 3 2 1 Unit | 11:00 AM Sat 13th Mar | Hodges |
 | 77 Waratah Street 3 1 2 House | 11:00 AM Sat 13th Mar | Whitford |
Median Sale Price
House
$761K
Updated on Jan 2021
2 BR $630K | 3 BR $755K | 4 BR $875K |
Unit
$480K
Updated on Jan 2021
1 BR $295K | 2 BR $405K | 3 BR $682K |
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 | $770,000 | +12.2% | $280,000 | $1,600,000 | 115 |
| 2021 | $915,000 | +15.8% | $575,000 | $1,428,000 | 15 |
Median Sale Price
$798K
Based on 110 recorded sales within the last 12 months
Updated on 2 Mar 2021
Suburb Growth
+15.4%
Current Median Price: $797,500
Previous Median Price: $675,000
Based on 228 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2021)
Price Range Segments (12 months ending Feb 2021)
Median Weekly Rent Price
House
$400
Updated on Jan 2021
2 BR $380 | 3 BR $410 | 4 BR $550 |
Unit
$365
Updated on Jan 2021
1 BR $260 | 2 BR $350 | 3 BR $498 | 4 BR $620 |
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 | $660 | 237 |
| 2018 | $380 | +5.3% | $170 | $720 | 195 |
| 2019 | $420 | +9.5% | $170 | $750 | 199 |
| 2020 | $400 | -5.0% | $200 | $675 | 176 |
| 2021 | $420 | +4.8% | $350 | $575 | 10 |
Median Rent Price
$400
per week
Based on 164 recorded rent within the last 12 months
Updated on 2 Mar 2021
Rent Price Growth
-2.5%
Current Median Rent: $400
Previous Median Rent: $410
Based on 346 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $797,500
Current Median rent: $400
Based on 274 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2021)
Auction Results For Geelong West
Houses sold in Last 12 months ends 27 Feb 2021
$775K
Median Sale Price
87%
Clearance Rate
56/65
Sold/Reported
$1.4M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 4 | |
| $1 M - $1.2 M | 5 | |
| $800 K - $1 M | 12 | |
| $600 K - $800 K (Median Price Range) | 28 | |
| $400 K - $600 K | 2 | |
| less than $400 K | 3 | |
Similar Suburbs to Geelong West 3218
Based on median house sale price sold in last 12 months
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 |