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City of Greater Geelong

Ceres

Ceres Property Market
& Suburb Profile

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MEDIAN PRICES IN CERES

Median house price

(all agencies, last 12 months)$875k*

House price change

(all agencies, last 12 months)+0.57%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CERES price TRACKER

Houses

Ceres Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$664pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$589pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.87%

Average rental yield for Units

(all agencies, last 12 months)4.02%

Ceres total population size

(as at the last census)266

Median household size in Ceres

(as at the last census)3.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Ceres property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Ceres

  • Owned 100%
  • Rented 3%
  • Other/Not Stated -3%
  • Singles 21%
  • Families 82%
  • Other 0%

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About Ceres

Ceres is a unique and tranquil rural village perched atop the scenic Barrabool Hills, offering one of the most stunning lookouts with sweeping views across the entire city of Geelong and the surrounding districts.

Located within the City of Greater Geelong, Ceres maintains a distinct country atmosphere despite being within easy commuting distance of the city, framed by the Princes and Hamilton Highways.

The suburb's name is steeped in history, likely named after the Roman goddess of agriculture or the village of Ceres in Scotland, reflecting its identity as a farming area that once housed the main source of wine grapes in Victoria until the industry was decimated in the 1880s.

The charm of Ceres lies in its commitment to preserving its past; the village retains a number of its heritage buildings, many constructed from locally hewn Barrabool sandstone, which lend a timeless character to the area.

Historic points of interest include the long-running Ceres Primary School, which continues to serve the community, and the surviving Temperance Hall built in 1862, which is now home to the fringe group, the Theatre of the Winged Unicorn. For community activity, the Ceres Tennis Club and the local Uniting Church maintain active congregations, fostering a close-knit feel.

The Ceres property market is exclusive and tightly held, with statistics showing a high percentage of owner-occupied homes and a community primarily made up of couples with children working in professional occupations.

With the majority of its area zoned as Farming Zone, the suburb is dominated by lifestyle and acreage properties, offering significant space and privacy. Although small, Ceres is an ideal place for those seeking a quiet retreat with rich historical significance, stunning vistas, and the convenience of being just a short drive from Geelong's comprehensive amenities.

Image source: Geelong Australia

Education

Ceres Primary School
Woodline Primary
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Sales Comparison

Find out how Ceres median sales prices compare to neighbouring suburbs.

Ceres MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20255$437,5000.57%1$627pw3.44%
20243$435,000-50.13%0$618pw3.54%
20234$872,500no change4$599pw3.34%
20221-no change3$565pw3.09%
20211$390,000-55.43%1$531pw3.01%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20255$437,500+0.57%
20243$435,000-50.13%
20234$872,500no change
20221-no change
20211$390,000-55.43%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20251$627pw3.44%
20240$618pw3.54%
20234$599pw3.34%
20223$565pw3.09%
20211$531pw3.01%

PROUDLY SERVICING Ceres

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.