Highest rental yield for houses in Geelong
Gross rental yield is a year of median rent divided by the median house price. These are the 13 highest for a 3-bedroom house in Geelong. A high yield can mean lower prices or thin data, so check the number of sales and leases before reading much into it.
| # | Suburb | Rent a week | Change over a year | Median house price | Gross yield |
|---|---|---|---|---|---|
| 1 | Newcomb | $480 | +4.3% | $650,000 | 4.1% |
| 2 | Corio | $420 | +6.3% | $600,000 | 4.0% |
| 3 | Lara | $500 | +4.2% | $732,000 | 3.9% |
| 4 | Grovedale | $500 | +4.2% | $749,500 | 3.7% |
| 5 | North Geelong | $495 | +5.3% | $710,500 | 3.7% |
| 6 | Belmont | $500 | +4.2% | $770,000 | 3.7% |
| 7 | Herne Hill | $520 | +4.0% | $812,500 | 3.4% |
| 8 | Geelong West | $520 | +4.0% | $885,000 | 3.2% |
| 9 | Ocean Grove | $550 | +3.8% | $1,065,000 | 3.0% |
| 10 | Geelong | $480 | +4.3% | $825,000 | 2.9% |
| 11 | Torquay | $650 | +0.3% | $1,150,000 | 2.7% |
| 12 | Newtown (Greater Geelong) | $570 | +7.5% | $1,260,000 | 2.6% |
| 13 | Barwon Heads | $550 | +3.8% | $1,325,000 | 2.0% |