As the winter chill continues to grip Victoria, Geelong’s property market shows no signs of cooling off. This past week, buyers across the region demonstrated strong confidence, snapping up homes across a wide range of suburbs—from established inner-city locations like Geelong West and Newtown, to family-friendly growth corridors such as Armstrong Creek, Lara, and St Leonards. Whether it’s a $2.2 million land acquisition in Ocean Grove or a $310,000 unit in Highton, the sheer breadth of demand underscores the city’s status as one of regional Victoria’s most resilient markets.
High-End Results Steal the Spotlight
Ocean Grove once again topped the sales charts this week with 59A & 59B The Parade selling for a whopping $2,200,000. The premium sale for residential land reflects Ocean Grove’s increasing popularity among developers and prestige buyers looking to secure blue-chip coastal property. Close behind was 2-10 Pandora Court in Drysdale—a luxurious lifestyle acreage that changed hands for $1.8 million, proving that lifestyle buyers remain active even in the depths of winter.
Barwon Heads wasn’t far behind, with 27 Golf Links Road selling for $1,605,000. These high-value coastal transactions continue to elevate the Bellarine Peninsula’s profile as a serious alternative to Mornington or Surf Coast for those chasing beach proximity without sacrificing access to Geelong’s amenities.
Geelong West and Belmont Maintain Strong Momentum
Geelong West continues to dominate the inner-west with strong interest and tight competition. The standout this week was 136 Autumn Street, which fetched $1,510,000. This four-bedroom home offered a rare blend of space, amenity, and location—hitting the sweet spot for buyers seeking lifestyle and walkability.
Meanwhile, 18 Waterloo Street also drew attention, selling for $650,000. This more modest transaction reflects Geelong West’s spectrum of stock, offering both prestige and entry-level options within walking distance of Pakington Street.
In Belmont, 11 Cranmere Avenue sold for $716,000—a figure that reflects the suburb’s continued appeal to families and professionals alike. With quality schools, great cafes, and proximity to the Barwon River and Highton Village, Belmont continues to be a go-to choice for owner-occupiers.
First-Home Buyers Push into the North and East
Norlane and Corio once again proved to be strongholds for first-home buyers and investors. The affordability factor remains key, with 66 Swallow Crescent selling for $480,000 and 11 Clavus Road changing hands for $470,000. With many homes sitting on large blocks and ripe for renovation, these suburbs are being seen as the next value plays in the broader Geelong market.
The appeal of Norlane also showed in the sale of 29 Spruhan Avenue ($505,000), offering over 800sqm—an increasingly rare find in this price bracket. Corio followed suit with 63 Hendy Street moving for $616,500, and 60 Olympic Avenue selling for $467,500. The north continues to attract buyers priced out of central Geelong or the Surf Coast.
Lara Stays Hot with Consistent Demand
Lara saw a series of strong results this week, underscoring its continued popularity with commuters and families. 15 Penstone Crescent sold for $750,000, while 5B Bath Street followed closely at $580,000. Further standout sales included 19 Callistemon Circuit ($850,000), 12 Sheeran Crescent ($654,000), and 57 Kees Road ($670,000).
Lara’s appeal lies in its accessibility—both to Geelong CBD and Melbourne—and its mix of contemporary homes, larger blocks, and peaceful community feel. As long as buyers are looking for value and lifestyle within a 20-minute radius of the CBD, Lara will remain in demand.
South and East: Grovedale, Armstrong Creek, and Leopold
Grovedale had a busy week, with multiple sales reinforcing its status as one of Geelong’s most reliable middle-ring suburbs. 163 Torquay Road sold for $670,000, while 74 Gloucester Street achieved $770,000. The suburb’s well-connected location and diverse housing stock are appealing to upsizers and downsizers alike.
In Armstrong Creek, buyers were also active. 12 Naturaliste Way sold for a whopping $1,210,000—an impressive price for the estate and indicative of the suburb’s growing status among families seeking newer homes. 11 Bentons Way ($580,000) and 115 Carter Road ($510,000) represented more typical values, providing good entry points for those wanting a new home close to the Surf Coast Highway.
Leopold also delivered solid results, with 8 Split Court selling for $775,000 and 18 Delmare Drive (land) moving for $357,000. The suburb’s infrastructure and growing amenity base are making it a strong performer among those priced out of inner Geelong or looking for quiet, family-friendly alternatives.
Newtown and Hamlyn Heights: Still Holding Firm
Newtown continued to reflect buyer demand for character and lifestyle, with 11 Camden Road selling for $1.31 million and 79 Buckingham Road for $825,000. These homes offered classic Geelong architecture with large blocks and excellent school zoning.
Nearby Hamlyn Heights wasn’t far behind, with 1/66 Vines Road ($625,000), 8 Fassifern Court ($820,000), and 136A Vines Road ($680,000) all confirming that the suburb remains a magnet for buyers chasing views, elevation, and proximity to the ring road.
Unit and Townhouse Market Keeps Ticking
The unit and townhouse market across Geelong remained active, albeit at more accessible price points. Notable sales included 3/23-31 Mercer Street in Portarlington for $500,000, 1/1 French Street in Geelong West for $360,000, and 5/9 Elizabeth Street in Highton for just $310,000. This sub-$500k segment continues to attract investors, downsizers, and young professionals.
Even within high-demand areas like Geelong West and Belmont, well-positioned units are moving quickly, showing that entry-level buyers are still finding pathways into the market.
Final Word
This week’s results paint a familiar picture: high-end buyers are still transacting confidently in premium suburbs like Ocean Grove, Barwon Heads, Newtown, and Geelong West, while first-home buyers and investors remain highly active in the north, east, and new growth areas. Across the board, Geelong remains one of the state’s most balanced markets—offering opportunity for nearly every buyer profile.
With winter nearly behind us, and spring campaigns already in planning, the next few weeks will be telling. If current trends hold, expect more multi-million-dollar sales at the top, consistent strength through the middle, and continued competition at the affordable end.