Geelong's strengthening home sales market

Geelong's strengthening home sales market
Geelong's strengthening home sales market

The latest data from the REIV suggests Geelong has shown above average price growth during the June quarter 2016.

The median sits at $440,000.

CoreLogic recently noted Geelong had a clearance rate of more than 60 per cent during the June 2016 quarter.

It was the third quarter in a row that Geelong was the strongest performing regional auction market, across the country.

Property Observer found three examples of sales and listings around that price.

A charming three bedroom period home just sold for $440,000, the median price in Geelong. The property at 118 Garden Street (above) was listed for sale between $420,000 and $460,000. It last traded for $435,000 in 2010.

Geelong's strengthening home sales market

If you prefer an apartment, there's a two bed inner city unit at 10/96 Mercer Street (above) which is listed for less than the suburbs median price. It has a price guide of between $395,000 and $429,000. It last traded for $380,000 in 2008.

Geelong's strengthening home sales market

A two bedroom Yarra Street apartment (above) comes in with a slightly higher price guide of between $435,000 and $449,000. Last traded for $430,000 in 2014, the home also has a study.

 

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Geelong Residential Sales

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