Geelong
Suburb profile, market snapshot and recent listings for Geelong, VIC 3220.
About Geelong
Welcome to Geelong
Geelong sits on the shores of Corio Bay, around 75 kilometres south-west of Melbourne's CBD, and functions as Victoria's second-largest city in its own right rather than a mere satellite suburb. The city centre blends heritage bluestone streetscapes with waterfront redevelopment, giving it a character that's part working port town, part café-strip regional capital.
With a compact population of 5,811 and a median resident age of 40, the area suits a broad mix of people — professionals commuting to Melbourne, downsizers after apartment living, and locals drawn to the bay and the CBD's growing dining scene. It borders Geelong West, Newtown, South Geelong, Drumcondra and Rippleside, all of which feed into the same cluster of shops, schools and transport that make central Geelong function as a genuine urban hub.
Lifestyle & dining
Central Geelong's appeal lies in its walkability. The waterfront promenade along Corio Bay is the natural gathering point, with the Geelong Carousel, swimming enclosure and a run of restaurants and bars taking advantage of bay views. Little Malop Street and the surrounding laneways have become the go-to strip for coffee, wine bars and casual dining, while the city's arts precinct, anchored by the Geelong Gallery and Geelong Performing Arts Centre, adds a cultural layer that's grown substantially over the past decade.
The pace is noticeably calmer than inner Melbourne, but the population density brought by apartment living means there's enough foot traffic to support a genuine café culture, not just a handful of destination venues.
Shopping
Westfield Geelong anchors the retail scene with full-line department stores and speciality shops, while the surrounding CBD streets, particularly Malop and Moorabool Streets, offer a mix of independent retailers, homewares and fashion boutiques. Nearby Geelong West and Newtown add their own strips of specialty grocers, bakeries and boutique retail for residents who prefer a slower, village-style shopping experience within a short drive or walk.
Getting around
Geelong railway station provides direct V/Line services to Melbourne's Southern Cross Station, making the daily commute a realistic option for those working in the city, and it's also the terminus for regional lines heading further along the coast and into the western districts. Local and regional bus routes radiate out from the station and CBD, connecting residents to Geelong West, Newtown and South Geelong. The Ring Road and Princes Highway give quick access by car to the Surf Coast, Bellarine Peninsula and the Westgate Freeway link to Melbourne.
Schools & families
Matthew Flinders Girls Secondary College serves families seeking single-sex secondary education within the city, while SEDA College (Victoria) - AFL Geelong offers a specialist sport-based pathway, reflecting the city's strong AFL culture as home of the Geelong Cats. Combined with primary and secondary options across neighbouring Newtown and Geelong West, families have a reasonable spread of schooling choices without needing to leave the broader area.
The property market
Geelong's current listings skew heavily towards higher-density living, with apartments and units making up 56% of stock, houses 32%, townhouses 8% and land 4% — a mix that reflects the CBD's ongoing shift toward apartment development around the waterfront and station precinct. The median house price sits at $850,000 and units at $630,000, with median rent at $595 a week, figures that place central Geelong at a premium to some of its neighbouring suburbs given its CBD amenity and transport links.
House prices have eased recently, down 3.4% over the period measured, which may present an opening for buyers who've been priced out during the market's earlier run. For investors, the heavy skew toward apartments and the solid rental figure point to steady demand from renters wanting proximity to the station, the bay and the CBD's employment and lifestyle offering.
Market snapshot
Geelong property market
Median sale price
$850k
House · 3 bed
Median rent
$595
per week
Gross rental yield
3.6%
annual rent ÷ sale price
Typical price range
Entry
$668k
Median
$850k
Premium
$1.54m
Days on market
50
Auction clearance
0%
Sold this year
46
Median sold price trend · House 3 bed
Compound growth -2.7% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Geelong by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Geelong, VIC 3220.
Population
5,811
residents (2021)
Median age
40
years
Household income
$1,670
median, per week
Median rent
$370
per week
Median mortgage
$2,000
per month
Mortgage / income
28%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Geelong
Government school catchment
Independent & Catholic schools
SEDA College (Victoria) - AFL- Geelong
Recent results
Recently sold in Geelong
$1.35m
16 Glenleith Avenue
Sold ~July 2026
$567k
1/71 Maud Street
Sold ~July 2026
$2.23m
167 McKillop Street
Sold ~July 2026
$1.36m
163 Mckillop Street
Sold ~July 2026
$750k
7/242 Ryrie Street
Sold ~July 2026
$1.04m
49 Kilgour Street
Sold ~July 2026
$715k
12 Forrest Street
Sold ~July 2026
$750k
155 Swanston Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Geelong
Compare the area
Price map around Geelong
Every listing for sale near Geelong, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Geelong suburb FAQ
What is the median property price in Geelong?
The median unit price in Geelong, VIC is $630k for a 2-bedroom home. Over the past year, median sold prices have risen about 3.3%.
How much is rent in Geelong?
The median weekly rent in Geelong is around $555 per week.
Is Geelong a good place to live?
Geelong is a port city in Victoria, Australia, located at the eastern end of Corio Bay and the left bank of Barwon River, about 75 km (47 mi) southwest of Melbourne. Geelong is an established residential suburb in VIC, with a population of around 5,811 and 2 schools in the area.
What is the population of Geelong?
Geelong has a population of 5,811 (ABS 2021 Census), with a median age of 40.
What schools are in Geelong?
There are 2 schools in or near Geelong, including Matthew Flinders Girls Secondary College and SEDA College (Victoria) - AFL- Geelong.
How long do homes take to sell in Geelong?
Properties in Geelong take around 66 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Geelong?
Entry-level properties in Geelong start around $462k, while premium homes reach $881k.
What suburbs are near Geelong?
Suburbs near Geelong include Geelong West, Drumcondra, Newtown, Rippleside and South Geelong.
Fresh to market
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