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12 Forrest Street, Geelong$715,000
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Soldtownhouse

12 Forrest Street

Geelong, VIC 3220, Australia
$715,000
3 bed 2 bath 2 car131 m²

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About this property

Welcome to 12 Forrest Street, Geelong, near-new townhouse with street frontage delivers premium finishes, contemporary design and exceptional convenience in the heart of town. Thoughtfully crafted over two levels, this stylish residence offers the perfect balance of comfort, functionality and low-maintenance living, ideal for families, professionals or savvy investors. The light-filled ground floor showcases an open-plan kitchen, living and dining space that seamlessly connects to a beautifully landscaped courtyard, perfect for entertaining or unwinding outdoors. The sleek kitchen is appointed with a 900mm oven, induction cooktop, dishwasher, ample storage and stone-style finishes. A powder room and split-system heating and cooling complete the lower level for everyday ease. Upstairs, three generous bedrooms each feature built-in robes and floor-to-ceiling sheers. The master suite offers a peaceful retreat with large windows and a modern ensuite, while the additional bedrooms enjoy access to a balcony and courtyard space. Two further split systems, a European laundry and linen storage ensure comfort and practicality throughout. Secure double garage parking with direct internal access via Forrest Street and Bottleworks Walk enhances everyday convenience. Residents also enjoy access to beautifully maintained communal gardens, offering a welcoming shared space that fosters a sense of community while still maintaining privacy. Positioned within moments of quality schools, parks, cafés, transport and everyday amenities, and just minutes to the vibrant Geelong CBD and waterfront, this is a rare opportunity to secure a premium townhouse in a highly sought-after lifestyle location. Location, luxury and low-maintenance living come together effortlessly at 12 Forrest Street. With an estimated rental return of $620 - $640 per week, the property offers an attractive rental yield exceeding 5% in the Geelong market

Property Details

Property Type
townhouse
Listing Type
Sold
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
131 m²
Listed
3 months ago

Repayment calculator

$3,466/month
$1,733 /fortnight
Loan $572,000 at 6.10% over 30 years

Upfront costs

Deposit$143,000
Stamp duty$37,970
Conveyancing (est.)$2,000
Total upfront$182,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Geelong

This 3-bedroom townhouse in Geelong, VIC 3220 sits within reach of public transport, local shops and nearby schools. It is listed 3% below the $735,000 median of 71 comparable townhouseswithin 5 km.

Schools near Geelong

  • Matthew Flinders Girls Secondary Collegesecondary · 7-12 · CoEd
  • SEDA College (Victoria) - AFL- Geelongsecondary

What's nearby

  • Maud Street/Moorabool Street (bus)1.2 km away
  • Wise Monkey Tattoos1.5 km away
  • Richmond Park292 m away
  • Foster Street Reserve467 m away
  • Hopetoun Park677 m away

Geelong at a glance

Full suburb profile
Population
5,811
Median age
40
Household income
$1,670/wk
Median rent
$370/wk
Median mortgage
$2,000/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Geelong is experiencing significant development momentum driven by regional growth, waterfront renewal, and major residential expansion in outer suburbs like Armstrong Creek. Infrastructure investment and mixed-use urban consolidation are accelerating, particularly in inner precincts and employment corridors, reflecting Victoria's emphasis on decentralised development and housing supply.

Nearby projects

6

Closest

0.5 km

Geelong Waterfront Precinct Stage 2

3.8km7.5km11.3km15kmGeelong Waterfront Precinct Stage 2 — 0.5 kmInner Geelong Mixed-use Renewal — 1.5 kmCorio Residential Infill Projects — 4.0 kmKardinia Park Precinct Expansion — 6.0 kmGeelong Regional Processing Centre Precinct — 8.0 kmArmstrong Creek Estate Extension — 12.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Geelong Waterfront Precinct Stage 2

0.5 km
Mixed-useUnder construction

Ongoing waterfront revitalisation with retail, hospitality and residential components along the Barwon River.

2025

500 m

Inner Geelong Mixed-use Renewal

1.5 km
Mixed-useApproved

Urban consolidation project targeting underutilised inner-city sites with residential and commercial activation.

2024-2025

1.5 km

Corio Residential Infill Projects

4 km
Residential subdivisionUnder construction

Medium-density residential infill across multiple sites in established suburb supporting housing supply targets.

2025

4.0 km

Kardinia Park Precinct Expansion

6 km
Mixed-useProposed

Commercial and recreational facility expansion supporting regional sporting and entertainment demand.

2025-2026

6.0 km

Geelong Regional Processing Centre Precinct

8 km
InfrastructureProposed

Employment and logistics precinct development supporting Victoria's western corridor freight and distribution network.

2026

8.0 km

Armstrong Creek Estate Extension

12 km
Residential subdivisionUnder construction

Major residential growth area south-west of Geelong with staged release of lots and associated infrastructure delivery.

2027

12.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Geelong price trend

Median sold · House 3 bed

Compound growth -2.7% / yr over 4 yrs

$850kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Geelong market

This listing

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