The final week of May delivered another strong result for the Greater Geelong real estate market, with a surge in buyer activity across key suburbs and a wide range of properties changing hands. From coastal retreats to inner-city family homes, the region continues to attract steady interest from owner-occupiers and investors alike.
Let’s take a closer look at what moved this week.
Strong Sales in Newtown and Highton
Newtown stood out with several noteworthy transactions. A residential land parcel at 3-5 Stinton Avenue sold for an impressive $1,882,000, highlighting the ongoing demand for prestige development opportunities in blue-chip pockets. A charming 3-bedroom home at 8 Garlick Avenue also moved for $820,000, underscoring buyer confidence in Newtown’s enduring appeal.
Highton maintained its popularity, with 8 Cara Road selling for $862,000, and 27 Senior Court not far behind at $821,000. The suburb’s elevated family appeal, strong school zoning, and access to the ring road continue to drive competitive results.
Belmont and Grovedale: Consistent Mid-Range Strength
Belmont and Grovedale remained two of the city’s most reliable performers in the mid-$600K to low-$900K bracket. Among the sales:
- 214 Torquay Road, Grovedale achieved $935,000
- 50 and 56 Summit Avenue, Belmont both sold for $625,000
- Unit 1, 2-8 Vivian Street, Belmont fetched $519,000
These results reflect continued interest from young families and upgraders who value the convenience and connectivity of Geelong’s southern corridor.
Coastal and Bellarine Buyers Make Big Moves
On the Bellarine, buyers were willing to stretch into premium territory:
- 58-60 Buccleugh Street, Drysdale sold for $1,450,000 on a sizeable 2,557m² block.
- 39 Fraser Crescent, Ocean Grove brought in $960,000
- 28 Greenview Rise, Ocean Grove exceeded the million-dollar mark with $1,417,000
These transactions signal a sustained appetite for lifestyle-oriented homes, particularly those that balance space, coastal proximity, and liveability.
Northern Suburbs and Investment Zones Show Steady Results
In Corio and Norlane, the more affordable end of the market remained active:
- 3 Wesley Court, Corio sold for $680,000
- 2 Colorado Drive, Corio brought $455,000
- 21 Caldermeade Road, Corio reached $545,000
- 22 Tennyson Street, Norlane moved for $435,000
- 616 Thompson Road, Norlane achieved $510,000
These suburbs continue to attract investor interest, especially from those targeting strong yields or longer-term capital growth as infrastructure projects ramp up in the northern corridor.
Lara, Armstrong Creek and Mount Duneed: Growth Belts on the Move
The growth corridors delivered another active week. Highlights include:
- 1-2 Starling Close, Lara selling for $1,170,000
- 111 Whites Road, Mount Duneed reaching $710,000
- 8 Inglenook Circuit, Armstrong Creek fetching $780,000
Lara’s larger blocks and Armstrong Creek’s master-planned communities are proving to be magnets for families and new builds alike.
Investor Units and Compact Living Options
Lower-priced units and townhouses also saw plenty of action, including:
- 3/69 Normanby Street, East Geelong – $484,000
- 2/69 Ferguson Road, Leopold – $460,000
- 4/8-9 Shelley Close, Grovedale – $490,000
These results suggest continued demand from first-time buyers and downsizers, who are favouring low-maintenance, well-positioned properties in established neighbourhoods.
The Week in Summary
Geelong closed out May with over 70 confirmed sales, a strong testament to the region’s market resilience and diversity. From million-dollar coastal homes to budget-friendly investment stock, the market delivered results across all brackets and buyer types.
Suburbs to watch continue to be Newtown, Highton, Belmont, and Lara, while Corio, Norlane, and Armstrong Creek maintain their value as affordable or emerging growth zones.
With winter just around the corner, we’ll be keeping a close eye on seasonal trends and clearance rates — but if this week is anything to go by, buyer activity isn’t cooling off just yet.