With a population of approx. 19,5554, it is 77% Owner occupied and 23% Renters and the average age of people living here is 20-39 years.

When you need to move out of your rental property, there are some particular things to do to ensure you leave the property in a satisfactory condition and get your bond back.

Grovedale is known for its beautiful parks, excellent schools, and easy access to transport, making it a popular choice for families and young professionals alike.

Focus on upgrades that will add the most value and appeal to potential renters or buyers.

Median rents in the Geelong region are again similar with what is effectively the fourth month in a row of the same prices.

Applying for a rental property can be a daunting process, especially if you're a first-time renter.

Electricity is one of the most significant expenses for most households. Every day, we rely on electricity to power our homes, from turning on the lights to running appliances like the refrigerator, washing machine, and air conditioner.

This month’s data from the Real Estate Institute of Victoria shows a market beginning to settle into the new numbers and possibly even the new normal.

This month, with the highest vacancy rate we have had for some time, we have finally felt the effects of a slower-than-usual rental market.

A high vacancy rate should, in theory, give tenants more choice in rental properties which should decrease demand which should lower rental prices, but the high vacancy rate is not putting downward pressure on prices.

Currently, 2 bedroom units and houses are still at $380 per week, 3 bedroom houses are again $440 per week, and 4 bedroom houses are now at $515 per week with a $5 average increase.

After a long break from blogging, we’re back with Geelong’s latest rental data! We’re also doing things a little bit differently with the use of some simple graphs instead of our usual videos.

Geelong’s vacancy rate was steady this month remaining at 1.5% in August whereas Melbourne’s rate is continuing its downward trend where the Inner Total measure is now 7.1%. The Melbourne Total rate is also lower at 5.8%

Last month we reported a rise in Geelong’s vacancy rate and a decline in Melbourne’s rate. We mentioned that this may be a sign of a correction and with this month’s data showing the same, we are once again believing this is an adjustment toward the old normal.

Well it may be a sign of a correction, but this is the third month in a row where Geelong’s vacancy rate has increased where it is now 1.4%.

This is the 12th month of our unprecedented vacancy rates in Geelong, but rather than falling again, the new vacancy rate is 1.2% which is point-one-of-a-percent higher than last month.

For the 11th month in a row, we have seen Geelong’s vacancy rate fall. This month, it is sitting at only 1.1% which is great news for Geelong landlords but once again it is a completely different story in Melbourne.

Once again, Geelong’s rental market is proving to separate further and further from parity with Melbourne’s market.

This month’s data brings a big Happy New Year to Geelong’s rental market with a continued downward trend on the vacancy rate. It’s fallen another .1 of a percent to 1.3% and that’s amazing given that only 12 months ago, it was steady at 2.2%.

This month, data from the REIV is continuing to show the downward-trend of Geelong’s incredible vacancy rate with November’s data showing that it is now only 1.4% across the region. And just like recent months, the upward-trend continues for Melbourne’s vacancy rate with inner Melbourne at a staggering 6.4%.