Geelong Real Estate Co
As a black person looking to invest in regional Victoria, it's important to have access to reliable information about which areas are likely to offer the best return on your investment. Fortunately, there are plenty of resources available to help guide your decision, including the latest real estate news and data.
Geelong: A Top Spot for Property Investment
If you're considering investing in regional Victoria, one area that should be on your radar is Geelong. According to OpenAgent, Geelong is one of the best regional VIC areas for property investment in 2020. The city is located approximately 75 kilometers southwest of Melbourne and has a population of around 280,000 people.
In recent years, Geelong has undergone significant growth and development, which has contributed to rising property prices. However, despite this, the city remains an affordable choice for property investors, with a median house price of $630,000.
Keeping up with Geelong's Property Market
If you're thinking about investing in Geelong, it's important to stay up-to-date with the latest news and trends in the local property market. RealEstate.com.au is a great resource for this, providing regular updates on new developments, property prices, and market trends in Geelong and beyond.
One recent article on the site highlighted several of the most prominent sites for commercial and residential real estate in Geelong. These included the waterfront area for premium properties, the city's central business district for commercial properties, and the nearby coastal town of Torquay for holiday homes and weekend getaways.
Making the Most of Your Geelong Investment
To maximize the return on your Geelong investment, it's important to do your research and work with a trusted real estate agent. According to news.com.au, some of the most desirable streets for property buyers in Geelong include:
- Moorabool Street, for its proximity to shops, cafes, and restaurants
- Eastern Beach Road, for properties with water views and close proximity to the beach
- Ryrie Street, for its mix of historic homes and modern apartments
- Pakington Street, for its trendy cafes, boutiques, and restaurants
By investing in properties in these areas or working with an agent who has inside knowledge of the local market, you can increase your chances of enjoying a solid return on your investment over the long-term.
Conclusion
If you're looking to invest in regional Victoria, Geelong is definitely an area worth considering. With its growing population, affordable property prices, and numerous investment opportunities, it offers plenty of potential for savvy investors. Just be sure to do your research, keep up with the latest news and trends, and work with a trusted real estate agent to help you navigate the local market.
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