Geelong - Have You Got The Property Market There All Wrong?

Published: 08 July 2024
on channel: InvestorKit
6,920
112

Geelong: Australia’s LARGEST REGIONAL CITY!

Just 1-hour drive from Melbourne, Geelong is not only the gateway city connecting Melbourne and western Victoria regions but also Australia’s LARGEST REGIONAL CITY and one of the fastest growing cities across the country, with population and GRP growth outpacing the Victoria and national average.

The city’s property market has benefited from a mix of lifestyle, relative affordability, and proximity to Melbourne and surged by 30%+ in value from 2020 to 2022.

It went into a correction phase in 2023 and has stayed low-key.

Where is Geelong going in 2024?

Join us today exploring the city’s current property market conditions and outlook!

✅ GET THE 10 CHARTS YOU SEE FROM THIS GEELONG VIDEO HERE:
"Market Pressure Review: Geelong in 10 Charts" 👇
https://www.investorkit.com.au/blog/m...

Chapters:
00:00 - Geelong Property Market Introduction
01:13 - Chart 1 - Geelong Market Performance Metrics
02:04 - Chart 2 - Geelong Migration Trends & Population Growth Rates
02:57 - Chart 3 - Geelong Unemployment Rate Trend
03:49 - Chart 4 - Geelong Median Price & Sale Day's On Market
04:39 - Chart 5 - Geelong Demand Vs Supply
05:20 - Chart 6 - Geelong Long-term New Supply Trend
06:09 - Chart 7 - Geelong Long-term Price Trend
07:03 - Chart 8 - Geelong Median Rent @ Vacancy Rate Trend
07:21 - Chart 9 - Geelong Rental Yield Trend
08:07 - Chart 10 - Geelong Long-Term Rental Price Trend
08:54 - Geelong 2024 Forecast

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Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.

#GeelongProperty #GeelongPropertyMarket #GeelongInvesting


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