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average leasing period to find quality tenants
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Geelong, Melbourne's sister city, is the second largest city in Victoria with around 200,000 permanent residents. Once known as "The Pivot" for its history as a critical hub for rail and shipping, Geelong is now a beacon for health, education, and advanced engineering.
The economy of Geelong is benefiting from a steady population increase throughout the area, which has lead to infrastructure improvements, redevelopment, and inner city gentrification. Living in Geelong becomes more and more attractive each year. Located at the western reach of Port Phillip Bay, the city has easy access to the ocean, the country, and thousands of acres of national parks.
Living in Geelong is an appealing prospect for tenants, which only grows each year. If you're looking to invest in Geelong property, you can benefit from a high demand market.
Geelong is a high demand rental market with a growing population and stable job market.
As demand increases, asset value of properties in Geelong will continue to rise year after year.
These appealing market trends have contributed to a strong but stable property sales market.
At TTS Real Estate, we are a modern and agile agency with a digital-first approach. We can efficiently get a property to market, get it leased, and look after the property throughout the lease with our digital processes.
We go above and beyond to understand your needs so we can provide the very best property management services, so you can get the most out of your investment property.
TTS Real Estate has property managers in Geelong ready to offer you a boutique service.
Receive a same-day rental appraisal and learn where your property sits in the market.
TTS Real Estate is proud to provide expert leasing and property management services in the growing Geelong area. We also represents our local landlords at body corporate meetings to ensure their interests are protected.
Now is the perfect time to consider flourishing areas outside of Melbourne. To support our landlords in Geelong, we operate out of our satellite office on Port Arlington. This allows us to offer an array of property management services in Geelong, including:
The rental market in Geelong is one of the strongest in Southern Victoria for several reasons:
Reach out to the TTS Real Estate team for a free rental appraisal on your investment property in Geelong.
Meet with the team and discuss what you want to achieve with our Geelong property management services.
Using quality photography and digital marketing, we will develop a campaign to attract a quality pool of candidates.
After our exhaustive vetting process, you can decide and approve on a final tenant for your investment property.
Looking for the perfect tenant for your investment property in Geelong? Fill out the form below to get in touch.
In central Geelong, suburbs like Geelong West, East Geelong, Bell Hill, Belmont, and North Shore are all recording strong positive trends in median sales price. Outside of the city, areas like Mount Duneed, Breamlea, and Torquay are showing solid median house price growth of between 5% and 10%. Get in touch with TTS Real Estate for accurate figures of where best to invest.
Melbourne's western suburbs are always competing with renter and buyer interest in Geelong. To withstand this competition, investors should look for areas that offer unique infrastructure and cultural points-of-difference over Melbourne suburbs.
Look for where the money is going. Large infrastructure projects mean more jobs and transport options. Population growth, increased gentrification, and the presence of boutique retailers usually indicate a growing area. High rental yields, low vacancy rates, and shortages of on-market properties indicate high demand.
You should always think long term and look for locations that have plenty of future promise. If you are buying an existing investment property, look past the quality of current tenants. With a solid marketing strategy from Geelong property managers like TTS Real Estate, you can find a higher quality pool of candidates down the line.
Our team are here to help make property leasing as smooth and seamless as possible. To get in touch, use the contact form below.
Receive an obligation-free rental appraisal and discover the true earning potential of your property.
