What Impact Do the Recent Government Budget Announcements Have on Property?

The recent State and Federal Government Budget announcements have highlighted the ongoing approach to boosting the rate of homeownership. The impact of this is a double-edged sword. The goal of the schemes is to reduce housing costs, making it more affordable and accessible to buyers. While conversely, the strength of the economy is largely centred[…..]

What does the Geelong Property Market Look Like in 2021?

2020 brought many things that we could not predict, but it was not all negative. Despite the considerable uncertainties that accompanied the pandemic, the Geelong property market accelerated with rising demand from new buyers and continuous construction. Geelong has remained one of the fastest-growing regional areas in the country, and momentum is proving to be[…..]

Using Christmas to Your Advantage

Until unemployment levels get below 5%, which is not expected to happen until 2022/23, we will continue to see low interest rates. This is not ideal for everyone but those that can take advantage of this should. Geelong specifically has a lot to look forward to in the next, 3,5, 10 years with every little win having a profound impact.

Residential Vacancy Rates

Gartland Property, as leaders in the Geelong property market, are currently experiencing residential vacancy rates below the industry average of just 0.4%. The latest statistics provided by the REIV (from participating members), states the average for the Geelong region is 1.7%.   This below-average rate, together with our dynamic team of experienced property professionals means[…..]

Geelong Investors Take Note!

Investors take note, now is your time. Over the past 12months there has been a definitive downward shift in the number of investment properties purchased. This is understandable, previously the bench mark was a 5% return, and if a property was returning 5%+ then it was an easy purchase decision. What we have seen is[…..]