Property Prices in Geelong, Australia

Index
Price to Income Ratio:	9.54
Mortgage as Percentage of Income:	84.53%
Loan Affordability Index:	1.18
Price to Rent Ratio - City Centre:	26.43
Price to Rent Ratio - Outside of Centre:	22.22
Gross Rental Yield (City Centre):	3.78%
Gross Rental Yield (Outside of Centre):	4.50%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	A$1,931.22	1,500.00-2,200.00
1 Bedroom Apartment Outside of City Centre	A$1,960.00	1,040.00-3,400.00
3 Bedroom Apartment in City Centre	A$2,166.67	1,500.00-2,750.00
3 Bedroom Apartment Outside of City Centre	A$1,960.00	1,500.00-2,200.00

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	A$859.35	771.09-947.60
Price per Square Feet to Buy Apartment Outside of Centre	A$706.06	659.61-752.51

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	A$4,414.52
Annual Mortgage Interest Rate (20-Year Fixed, in %)	6.38	5.50-8.40

These data are based on 29 entries from 6 contributors over the past 18 months.
Last update: 8 June 2026

Sources and References

Nearby Cities:

Property Prices in Hoppers Crossing	30.25 miles
Property Prices in Melbourne	46.09 miles
Property Prices in South Yarra	47.71 miles
Property Prices in Ballarat	55.46 miles
Property Prices in Oakleigh East	57.15 miles
Property Prices in Doncaster	57.95 miles
Property Prices in Epping	60.29 miles
Property Prices in Dandenong	65.63 miles
Property Prices in Berwick	73.60 miles
Property Prices in Cranbourne	75.52 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	59,600.00
GDP Growth Rate:	3.44%
Population Growth Rate:	1.13%