Mortgage Broker Geelong

Geelong  is a port city in Victoria, located at the eastern end of Corio Bay (the smaller western portion of Port Phillip Bay) and the left bank of Barwon River, about 65 km southwest of Melbourne. Geelong is the second largest Victorian city behind Melbourne with a population of  roughly 270,000.

 

Buying a property in Geelong? We can help secure you the right finance

The Median house sale price range is $980,000 with a 40% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 20% rise.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.37% growth over a ten-year period.

With the median home price in GEELONG sitting at $981,250, and the average rent at $500, property owners could potentially earn a 2.65% increase in gross rental yield.

With the median unit price in GEELONG sitting at $662,500, and the average rent at $500, property owners could potentially earn a 3.92% increase in gross rental yield.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

Talk to Michael Cullinan, your local Mortgage Choice Broker. Let us research and compare more than 30 lenders for you.

 

 

Start your home loan journey today

• I want to buy a home

  Get started

• I want to buy an investment

  Get started

• I'm considering refinancing

  Get started

 

 

Try our home loan calculator here.

 

 

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Michael Cullinan and the team at Mortgage Choice on 0447 528 116 or email michael.cullinan@mortgagechoice.com.au