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Rental demand in Belmont the highest in Victoria in 2018


According to the Geelong Advertiser today, Belmont is leading the rental demand charge as evidenced by data from the second half of 2018. (Data - realestate.com.au)

A local agent was quoted as saying “I think there has been a little bit of uncertainty with the (banking) Royal Commission but I still believe the investors are out there" and this would seem to be the case according to CoreLogic who were quoted saying that capital growth of 10.5 per cent in the past 12 months has pushed Belmont’s median house price to $530,500.

This investor influx would appear to being rewarded with "phenomenal tenant inquiry numbers" with multiple applications being received for many properties.

It seems like Geelong is its own reward with a coastal lifestyle supported by great schools and shopping options.

We love it here; why wouldn't everyone?

Article here

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