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Unveiling the Top Suburbs in Geelong: Discover the Average Rental Income for Property Owners!
The average rent payment received for each person who rents out their property.The average rental income data can be useful for property investors and those looking to move to a new suburb. For property investors, this data can help them identify suburbs with high rental demand and potential for good returns on investment. They can use this information to make informed decisions about where to invest their money. For those looking to move, this data can help them compare the affordability of different suburbs and make decisions based on their budget. For example, if someone is looking for a suburb with affordable rental rates, they can use this data to identify suburbs that fit their budget. Overall, this data can provide valuable insights for anyone interested in the rental property market. Data from 2020
| Area | Value |
|---|---|
| 1. 3232 - Lorne (Vic.) | $24,500 |
| 2. 3220 - Newtown (Greater Geelong - Vic.) | $22,700 |
| 3. 3221 - Ceres | $21,200 |
| 4. 3330 - Rokewood | $21,000 |
| 5. 3230 - Anglesea | $20,300 |
| 6. 3218 - Geelong West | $19,600 |
| 7. 3228 - Torquay (Vic.) | $19,500 |
| 8. 3213 - Lovely Banks | $19,400 |
| 9. 3225 - Queenscliff (Vic.) | $19,200 |
| 10. 3227 - Barwon Heads | $19,000 |
|
11. |
$18,700 |
|
12. |
$18,200 |
|
13. |
$18,100 |
|
14. |
$17,900 |
|
15. |
$17,500 |
|
16. |
$17,400 |
|
17. |
$17,000 |
|
18. |
$17,000 |
|
19. |
$16,800 |
|
20. |
$16,700 |
|
21. |
$16,600 |
|
22. |
$16,200 |
|
23. |
$16,100 |
|
24. |
$15,900 |
|
25. |
$15,900 |
|
26. |
$15,800 |
|
27. |
$15,700 |
|
28. |
$15,500 |
|
29. |
$15,300 |
|
30. |
$15,200 |
|
31. |
$14,100 |
|
32. |
$13,800 |
|
33. |
$13,700 |
|
34. |
$13,400 |
