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City of Greater Geelong

Geelong

Geelong Property Market
& Suburb Profile

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MEDIAN PRICES IN GEELONG

Median house price

(all agencies, last 12 months)$865k*

House price change

(all agencies, last 12 months)-11.96%

Median unit price

(all agencies, last 12 months)$710k*

Unit price change

(all agencies, last 12 months)+18.33%

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

GEELONG price TRACKER

HousesUnits

Geelong sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)35

Average days on market (units)

(all agencies, 12 months)115

Auction clearance rate in Geelong

(all agencies, last 12 months)100%

Average held period in Geelong

(proptrack)13 years

Geelong Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$580pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$481pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.31%

Average rental yield for Units

(all agencies, last 12 months)4.65%

Geelong total population size

(as at the last census)5,811

Median household size in Geelong

(as at the last census)2

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

Geelong property types

  • Houses 35%
  • Units 32%
  • Other 33%

OCCUPANCY in Geelong

  • Owned 54%
  • Rented 44%
  • Other/Not Stated 2%
  • Singles 39%
  • Families 53%
  • Other 7%

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About Geelong

Geelong, home to the Geelong Football Club, the second oldest club in the AFL is located about 75km south-west from Melbournes CBD. It is the second largest Victorian city, with an estimated population of just over 192,000 as of June 2016.

Geelong is Victoria's second-largest city and a dynamic regional capital that commands a strategic position at the head of Corio Bay and at the beginning of the world-famous Great Ocean Road.

Education

Matthew Flinders Girls Secondary College
St John's Lutheran School Geelong
St Mary's School
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Sales Comparison

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

Geelong MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202582$787,500-11.95%276$531pw3.98%
202471$746,250-8.95%290$510pw4.07%
202373$795,25010.45%257$495pw3.86%
2022102$752,500-6.84%314$472pw3.49%
2021149$796,55018.38%337$448pw3.21%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202582$787,500-11.95%
202471$746,250-8.95%
202373$795,250+10.45%
2022102$752,500-6.84%
2021149$796,550+18.38%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025276$531pw3.98%
2024290$510pw4.07%
2023257$495pw3.86%
2022314$472pw3.49%
2021337$448pw3.21%

PROUDLY SERVICING Geelong

Barry Plant
Geelong

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NEWS & INSIGHTS

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Handy tips for the first home buyer

*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.