The Geelong property market continued its dynamic mid-winter rhythm this past week, showing steady momentum across key growth corridors and established neighbourhoods. Buyers are clearly still on the hunt for quality homes, with strong results seen in Belmont, Highton, Grovedale, Armstrong Creek and Leopold. All signs point to the region continuing to attract both owner-occupiers and investors seeking value outside Melbourne’s pricier core.
Belmont remained a standout, with multiple transactions including 10 Victoria Terrace, which achieved $710,000. Belmont continues to command consistent demand due to its proximity to the Barwon River, schools, and shopping precincts. Buyers are favouring renovated townhouses and well-positioned family homes with easy access to central Geelong. Similarly, Highton maintained its strength, with homes like 28 Homewood Lane ($600,000) and 109 South Valley Road ($725,000) reinforcing the suburb’s reputation for family appeal and investment security.
Leopold also registered strong activity, with recent sales including 10 Arden Avenue at $475,000 and 72 Trumper Crescent fetching $755,000. Leopold’s affordability and accessibility to both central Geelong and the Bellarine Peninsula make it a firm favourite for first-home buyers and young families. There’s steady demand for homes offering space, modern updates, and larger blocks—particularly on the east side of the region.
Norlane and Corio continue to record high turnover as buyers look for value under the $500,000 mark. Properties like 42 Kosciusko Avenue ($458,000), 8 Lowan Avenue ($495,000), and 34 Bellbird Avenue ($462,000) attracted entry-level buyers and investors alike. With continued investment in infrastructure and community renewal projects, these suburbs are transitioning from affordability-driven markets to genuine growth zones. The rising floor price is a clear indicator of future potential.
Ocean Grove once again delivered for the coastal segment, led by the sale of 19 Lakeview Drive at $825,000 and 4 Blackwood Place at $890,000. Buyers here continue to prioritise lifestyle, proximity to beaches, and long-term capital gains. Competition is fierce for quality homes with ocean access, with many Melbourne-based buyers now eyeing Ocean Grove as a primary residence destination rather than just a holiday retreat.
Over in Armstrong Creek, sales activity remained brisk. 37 Countess Street sold for $785,000, while 19 Hudson Street fetched $705,000—both highlighting continued popularity of this high-growth corridor. The area’s relatively newer housing stock, walkability, and proximity to both Surf Coast beaches and Geelong CBD make it a top pick for families and young professionals.
Grovedale also posted several strong results, including 12 Marma Court at $750,000 and 44 Heyers Road at $625,000. With easy access to Waurn Ponds Shopping Centre, Deakin University and Epworth Hospital, Grovedale remains a practical and popular choice for homeowners wanting convenience without the price tag of Highton.
Notably, Bell Park and Geelong West also saw healthy activity, with properties such as 56 Catherine Street ($661,000) and 3/32 Vistula Avenue ($522,200) appealing to both upgraders and savvy investors. These inner-ring suburbs continue to attract those wanting access to amenities, character homes, and proximity to the CBD.
Lara, located to the north of Geelong, showed off its family-friendly charm with a string of successful sales. Homes like 90 Wattlebird Drive ($815,000) and 27 Sparrow Court ($797,000) illustrate that demand in this semi-rural satellite suburb is stronger than ever. Its excellent rail connections to Melbourne, combined with local amenities and a sense of community, are key drivers of growth.
One notable market development is the continued strength of investment-grade properties. With rental yields holding up and vacancy rates extremely low, investors are re-entering the market in large numbers. In suburbs like Norlane, Bell Post Hill and Corio, competitively priced homes are quickly snapped up, often after their first inspection. With interest rates stabilising, the confidence to purchase and hold is returning.
Adding to buyer confidence is the region’s infrastructure pipeline. The upcoming Geelong Fast Rail, major works on Barwon Heads Road, and the ongoing development of the Avalon Airport precinct all contribute to long-term growth prospects. Areas such as Charlemont and Lovely Banks are set to benefit significantly from these macro-level projects.
Open home numbers remain solid, especially for properties in the $550,000 to $800,000 range. Buyer urgency is palpable, especially when homes are well presented, realistically priced, and located in key school zones or transport corridors. Many properties are now selling within 10–14 days on market, a clear signal that supply remains tight and competition is strong.
Looking at the broader picture, winter hasn’t slowed the Geelong market—it’s simply shifted buyer priorities. While prestige coastal homes and first-home opportunities continue to draw headlines, the real story is the across-the-board confidence from buyers at all price levels. Downsizers are active in townhouse developments in Belmont and Highton. Young families are upgrading in Armstrong Creek and Mount Duneed. Investors are combing Norlane and Corio. The demand is real, and it’s consistent.
In summary, the Geelong market as of mid-July 2025 remains one of the strongest in Victoria. Affordable entry points, continued infrastructure development, and lifestyle appeal are key pillars of strength. Whether you’re buying your first home in Corio or upgrading to a coastal oasis in Ocean Grove, there’s plenty of movement and opportunity. Sellers are advised to act decisively, with the spring listing wave only weeks away. For buyers, now is the time to act before the seasonal competition heats up even more.