Thinking about buying in Geelong? Now could not be a better time, with 8135 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,095,000 with prices in this suburb ranging from $305,000 to $7,171,000. Geelong is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $364.80 |
Median Monthly Mortgage | $1743.20 |
Median Persons Per Bedroom | 0.82 |
Average Household Size | 2.00 |
Average Age | 38.00 |
Average Income | $819.60 |
Average Cars Per Dwelling | 1.36 |
Average Properties Within 50M | 85 |
1 Bed  $614,000 |
2 Bed  $773,000 |
3 Bed  $1,167,000 |
4 Bed  $1,512,000 |
5 Bed  $1,596,000 |
6 Bed+$1,829,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Geelong are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Geelong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Geelong requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Geelong we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Geelong a better buying opportunity than it may have been in the past.
LEVEL 1, UNIT 2, 16 THE ESPLANADE SOUTH, GEELONG, VIC, 3220 | 2 | 2 | 1 | $520,000 - $570,000 | |
LEVEL 2, UNIT 3, 1-3 CLARE ST, GEELONG, VIC, 3220 | 2 | 1 | 1 | Contact Agent | |
UNIT 205, 151 RYRIE ST, GEELONG, VIC, 3220 | Contact Agent!! | ||||
169 YARRA ST, GEELONG, VIC, 3220 | 0 | 0 | 0 | 900000 | |
74 MCKILLOP ST, GEELONG, VIC, 3220 | 1 | 1 | 0 | 2500000 | |
UNIT 7, 16 UNION ST, GEELONG, VIC, 3220 | 2 | 2 | 1 | 500000 | |
UNIT 8, 16 UNION ST, GEELONG, VIC, 3220 | 3 | 2 | 1 | 500000 | |
74 FITZROY ST, GEELONG, VIC, 3220 | 4 | 2 | 4 | $1,498,000 - $1,645,000 |
Geelong South Primary School
Matthew Flinders Girls Secondary College
St Mary's School
Geelong High School
St John's Lutheran School Geelong
St Patrick's School
Ashby Primary School
Chilwell Primary School
St Margaret's School
St Robert's School
(While the above schools are located with the suburb of Geelong there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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