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Geelong Real Estate Market Wrap: 11–17 August 2025

The Geelong property market continues to assert its dominance as one of Victoria’s hottest regional centres, with a wide spread of sales this past week across prestige suburbs, emerging estates, and classic investment corridors. From high-end homes in Belmont and Wandana Heights to steady turnover in Norlane and Corio, the market has shown no signs of slowing — even as buyers remain cautious about lending conditions and interest rates.

Between Sunday 11 August and Saturday 17 August 2025, there was clear evidence of sustained buyer demand across the $500,000 to $2 million range, with properties moving quickly in both coastal townships and inner-city Geelong. Several key suburbs saw particularly strong results, including Belmont, Lara, Armstrong Creek, and Newtown. Below, we unpack the major trends, sales highlights, and emerging opportunities from the past seven days in Geelong real estate.


Belmont Leads the Pack with a $2M+ Result

It’s not often we see Belmont hit the $2 million mark, but this week 1 Downshire Road broke through that barrier with an incredible $2,075,000 result. The four-bedroom family home on 826m² continues the narrative that Belmont is rapidly graduating from ‘up-and-coming’ to fully-fledged prestige. Buyers are now seeing it not just as a secondary suburb to Newtown or Highton, but as a premium lifestyle location in its own right, especially near the Barwon River and High Street village.

Other Belmont sales backed up the suburb’s strength: 30 Stephen Street sold for $643,000, while 1 Cheryl Crescent reached $662,000, and 8 Mernda Parade closed at $600,000. The diversity of price points highlights Belmont’s appeal to both investors and families seeking convenience, charm, and proximity to Geelong CBD.


Newtown: Blue-Chip Properties, Big Results

Newtown’s reputation as Geelong’s most tightly held suburb held firm this week, with several noteworthy sales. The standout was 18 Virginia Street, which fetched $1,405,000, a fair reflection of its four-bedroom, two-bathroom configuration on 516m². Also notable was 3/29 Vista Road, a stylish townhouse that settled at $870,000, and 4/2 Upper Skene Street, which changed hands for $580,000 — demonstrating that even compact homes in Newtown come at a premium.

This level of demand underscores the suburb’s unwavering desirability, thanks to its elite school zones, walkability, and proximity to Pakington Street.


Lara’s Stock Keeps Moving Fast

Lara continues to be one of Greater Geelong’s most active and reliable markets, and this week was no exception. A mix of larger blocks and well-maintained homes saw solid sales across the suburb: 1 Antares Avenue achieved $715,000, while 28–30 Weerana Way and 25 Looker Street sold for $710,000 and $600,000 respectively.

At the more affordable end, 10 Maria Court settled at $550,000, and 33 Rigel Road fetched $560,000 — both offering value to investors and first-home buyers. With plenty of land releases in surrounding estates and easy freeway access, Lara continues to cater to a diverse buyer pool.


Wandana Heights, Highton & Grovedale: Inner Suburbs, Strong Growth

High-value suburbs like Wandana Heights and Highton also delivered this week, with 2A Henderson Drive in Wandana Heights commanding a hefty $1,850,000. In Highton, 33 Fogarty Avenue sold for $805,000, while 10 Bowman Place in nearby Leopold hit $780,000. These suburbs are proving that lifestyle buyers are willing to pay for elevated blocks, sweeping views, and quality construction.

Grovedale also made a solid showing, with 291 Torquay Road achieving $1,062,000, demonstrating how main-road exposure and well-executed renovations can create huge uplift. Other strong performers in Grovedale included 5 Camira Court at $760,000 and 163 Torquay Road at $670,000.


Armstrong Creek Holds Firm

Armstrong Creek remains the backbone of new-home sales in the region, with steady turnover and prices reflecting buyer confidence. This week, 261 Warralily Boulevard sold for $633,000, and 6 Whitecliff Way achieved $718,000 — both very strong results for four-bedroom homes in master-planned estates. 13 Homeland Way also changed hands at $635,000, indicating continued strength in this family-friendly growth corridor.

Buyers remain drawn to the suburb’s new infrastructure, schools, and retail hubs — all of which are continuing to evolve.


Coastal & Bellarine: Steady Demand at All Price Points

The Bellarine Peninsula also saw activity this week. In Queenscliff, 49 Learmonth Street sold for $1,200,000, while 39 Woodville Street in Drysdale settled at $1,150,000 — both showcasing the premium end of the coastal market. At the more accessible level, 22 Sunset Boulevard in Portarlington fetched $630,000, and 63 Creekside Drive in Curlewis sold for $640,000.

These sales reflect a pattern of continued sea-change interest and investor confidence in the Bellarine’s long-term capital growth trajectory.


Whittington, Norlane & Corio: Entry-Level Still Moving

Geelong’s affordable suburbs remain highly active with plenty of movement under the $600,000 mark. Whittington saw multiple results, including 15 Oxford Street at $600,000, 1B Thatcher Court at $650,000, and 48 Hickey Street at $540,000 — solid benchmarks for the area.

In Norlane, several sales confirmed its reputation as Geelong’s budget-conscious hotspot. 85 Waitara Grove changed hands for $500,000, while 536 Thompson Road settled at $472,000. A unit at 2/11 Kalinga Street sold for $467,000, offering excellent value for modern living with dual bathrooms.

Meanwhile, in Corio, homes on decent blocks continued to attract attention. 3 Howqua Court and 2 Howqua Court sold for $482,000 and $470,000 respectively, and 37 Cloverdale Drive achieved $535,000, reaffirming demand in this growth corridor.


Final Word: Widespread Strength from Top to Bottom

From $2 million prestige homes in Belmont to sub-$500,000 houses in Corio, this week’s sales confirmed one thing: the Geelong market remains deep and diverse. Whether you’re a first-time buyer, investor, or downsizer, the region continues to offer options that balance livability with long-term value.

Stock levels are expected to rise as we head into spring, and with them, more opportunities for savvy buyers to enter or upgrade within one of Victoria’s fastest-growing cities. As always, quality homes priced right are moving quickly — and this week’s activity only proves that further.

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