Geelong at $904k reflects the Melbourne proximity premium and post-pandemic lifestyle migration run. Deakin University, Barwon Health, NDIS growth, and logistics employment anchor the economy after the Ford closure in 2016. At 3.3% gross yield, cashflow is strongly negative at standard LVR. VIC state land tax changes add holding cost pressure. Investment case relies on Melbourne-correlated capital growth rather than income.
Geelong's cashflow model depends significantly on negative gearing deductibility. Under proposed 2026 budget changes restricting NG on existing residential property purchases from July 2027, investors in this market face increased holding costs unless rents grow materially before the proposed commencement date. Verify the legislative status and your specific position with a registered tax adviser before transacting.
Geelong at $904k reflects the Melbourne proximity premium and post-pandemic lifestyle migration run. Deakin University, Barwon Health, NDIS growth, and logistics employment anchor the economy after the Ford closure in 2016. At 3.3% gross yield, cashflow is strongly negative at standard LVR. VIC state land tax changes add holding cost pressure. Investment case relies on Melbourne-correlated capital growth rather than income.
Strongly negative cashflow. High NG dependence. VIC land tax changes add a holding cost layer on top of the cashflow gap. Melbourne market sentiment influences Geelong prices, adding correlation risk. Population growth has moderated post-pandemic. Data vintage 2026. Source: realestate.com.au median house. Verify independently before transacting.
3.3% yield at $904k = $29,900 annual rent vs $47,008 annual interest (80% LVR, 6.5%) = -$17,108 pre-cost. Strongly negative gearing dependent. VIC land tax adds to holding costs for investors with multiple properties.
Model estimates only. Not financial advice. Verify independently.
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