buyers advocate geelong

Geelong – a booming regional city

We are amongst the most established and experienced property advocates in thriving areas like Geelong, the Bellarine Peninsula and Surf Coast.

We source the most reliable and accurate data depicting market trends, including hot spots to buy property.

With a population of a little over 200,000 Geelong is one of the fastest growing regional cities in Australia. It has experienced a growth rate of 1-1.5% consistently over each of the past 8 years.

The Geelong region is expanding with inner precincts becoming more popular and pushing prices up regardless of what capital cities around the nation are experiencing.

Around 100,000 people are due to accommodate the growth corridors in North Geelong and West Geelong according to the Victorian Planning Authority.

There’s also been an upsurge in housing developments around Torquay, Ocean Grove, Point Lonsdale, St Leonards and Fyansford.

Why Geelong is a hot spot

Just an hours’ drive from Melbourne, Geelong is the headquarters for agencies like NDIS, TAC, Worksafe and for retailer Cotton On. It’s also home to the Geelong Football Club and GMHBA Stadium.

Geelong is connected to the Bellarine Peninsula (food and wine) and Surf Coast (start of the Great Ocean Road). It’s also 30 minutes to the famous You Yangs Regional Park.

The Geelong region has:

  • a thriving city foreshore precinct
  • a busy industrial, retail and food scene
  • exceptional private and public schools
  • new and refurbished hospitals
  • close proximity to beautiful beaches
  • world class golf courses
  • minimal traffic congestion
  • art and culture
  • abundance of public and private investment
buyers advocate geelong

The market at a glance

  • Indications show the majority of suburbs and towns throughout Geelong, the Bellarine Peninsula and the Surf Coast regions will double in value over the next 8-10 years.
  • Geelong suburbs like Manifold Heights have experienced incredible growth of 9.3% pa over a 10-year period, with seven other suburbs doubling their median price within the same time frame.
  • From Torquay to Lorne and Barwon Heads to Portarlington demand is high for houses, lifestyle properties and investment properties.
  • Townships such as Barwon Heads had a median price ten years ago of $600,000. As of 31st August, 2022, the Barwon Heads median price was quoted at $1,600,000.
  • You can purchase a three bedroom home in most suburbs of Geelong for under $850,000.
  • Buyers can take advantage of the federal government’s regional first home buyer guarantee scheme – commencing 1st October, 2022. This program is capped at properties up to $800,000 in the Geelong area, and up to $650,000 elsewhere in regional Victoria.

Geelong, the Bellarine Peninsula and Surf Coast are bucking the trend in the property arena and witnessing strong growth in almost all areas.