All About South Geelong, Greater Geelong, VIC, 3220

As of the latest insights, the housing market in South Geelong, located in the Greater Geelong area of Victoria, continues to demonstrate steady growth and resilience. This picturesque suburb has become increasingly attractive to both first-time homebuyers and investors, thanks in part to its charming blend of historical character and modern amenities. The area's architectural landscape is adorned with a variety of period-style homes, reflecting its rich history, alongside more contemporary developments that cater to modern living. This diverse housing stock not only provides options for varying tastes and budgets but also contributes to the neighborhood's strong appeal. The proximity to Geelong's central business district, coupled with accessible public transport options such as the South Geelong railway station, further enhances its desirability. In recent years, a combination of increasing demand and limited supply has kept property prices on an upward trajectory, making South Geelong a competitive yet rewarding market for prospective buyers.

Living in South Geelong offers a unique blend of community-focused living and access to urban amenities, creating a balanced lifestyle that appeals to a wide range of residents. The suburb retains a small-town feel with its tree-lined streets and close-knit community vibe, making it an ideal choice for families and professionals seeking a harmonious environment. A variety of local cafes, shops, and parks add to the suburb's charm, providing residents with convenient and leisurely lifestyle options. Sports enthusiasts enjoy proximity to Kardinia Park, home to the illustrious Geelong Cats, which hosts numerous sporting and community events throughout the year. Additionally, the nearby Barwon River offers scenic walking and cycling paths perfect for outdoor activities. With a reputation for being friendly and welcoming, South Geelong presents a comfortable and enriching living experience, drawing in those who appreciate a balanced blend of relaxation and vibrancy within reach of the city’s conveniences.

South Geelong Real Estate Market Outlook

Thinking about buying in South Geelong? Now could not be a better time, with 1523 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $934,000 with prices in this suburb ranging from $291,000 to $4,288,000. South Geelong is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in South Geelong are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in South Geelong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in South Geelong requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in South Geelong we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make South Geelong a better buying opportunity than it may have been in the past.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!