Explore Profitable Opportunities WITH Real Estate Agents Geelong

Geelong Weekly Real Estate Market Update – June 15–21, 2025

The third week of June 2025 closed out with remarkable activity across the Greater Geelong region, revealing strong buyer confidence despite the seasonal chill. From Ocean Grove to Corio, and from Barwon Heads to Highton, sales across all price brackets and property types continued at pace. The local market not only demonstrated volume but also diversity, underscoring Geelong’s sustained appeal to a broad buyer demographic.

This weekly update covers sales settled from Sunday 15 June through Saturday 21 June 2025, drawing insights from dozens of transactions spanning houses, townhouses, units, and land parcels.


Premium Market Holds Strong with Landmark Sales Across the Coast and Central Geelong

High-end transactions led the news this week with several million-dollar-plus results. In Barwon Heads, 9 Colite Street sold for $1,550,000, representing the top of the market. This five-bedroom, two-bathroom property speaks to the ever-growing allure of coastal living, where space, location, and lifestyle intersect.

Not far behind, 27 Mervyn Street, Newtown, also broke the seven-figure mark, fetching $1,485,000 for a four-bedroom, two-car home on 708m². It was a strong indicator that premium inner-suburb markets like Newtown are still commanding elite prices, supported by quality builds and school zoning appeal.

Other million-dollar results this week included:

  • 14 Bose Street, Mount Duneed – $1,100,000
  • 29–31 Carolanne Drive, Drysdale – $1,185,000
  • 33 Bramwell Street, Ocean Grove – $1,070,000
  • 2/10 Bridge Road, Barwon Heads – $930,000
  • 28 Hewat Drive, Highton – $930,000

Clearly, prestige buyers remain active and engaged, particularly in sought-after pockets along the Surf Coast Highway and Bellarine Peninsula.


Highton and Belmont Continue to Lead the Middle Market

Highton dominated mid-tier action once again, with multiple homes trading between $700,000 and $930,000. The standout was 32 Cara Road, a five-bedroom family home on 876m², which sold for $890,000. Other strong performers included:

  • 7 Regal Street – $739,000
  • 53 Broughton Drive – $562,000
  • 4/25 North Valley Road – $470,000

Belmont, too, showed strength, with 1/7-9 Tasman Avenue achieving $875,000 and 3/17 Colac Grove trading at $450,000. These numbers continue to position Belmont as a reliable performer with strong infrastructure and lifestyle appeal.


Drysdale and Ocean Grove Show Coastal Strength

The Bellarine saw a healthy number of strong results. In Drysdale, 7–25 Mayall Way secured a $1,000,000 sale, while 3 Strathloddon Drive and 134 Barrands Lane sold for $620,000 and $545,000, respectively. Drysdale remains a semi-rural haven offering land, privacy, and proximity to the coast.

In Ocean Grove, a wide range of results highlighted market depth:

  • 41 Cerberus Drive – $1,385,000
  • 9 Sunbeam Street – $785,000
  • 22 Wattleside Drive – $480,000
    These figures reflect Ocean Grove’s diverse appeal to both premium buyers and those seeking entry into a coastal lifestyle.

Corio and Norlane See Strong Activity in the Affordable Sector

At the more accessible end of the market, Corio and Norlane continued to generate consistent turnover. With several sales ranging from $422,500 to $550,000, both suburbs remain hotbeds for investor interest and first-home buyers. Notable transactions include:

  • 14 Dorset Court, Corio – $530,000
  • 27 Dearborn Parade, Corio – $440,000
  • 46 Rose Avenue, Norlane – $525,000
  • 3 Takoma Court, Norlane – $680,000

These suburbs’ affordability, rental yield potential, and access to major highways and amenities keep demand resilient.


Townhouse and Unit Market Active Across the Region

Geelong’s townhouse and unit sector also experienced significant movement this week, appealing to downsizers, investors, and low-maintenance lifestyle seekers. Examples include:

  • 26C Tallis Street, Norlane – $440,000
  • 28 Harbourside Drive, Rippleside – $810,000
  • 15A Cabernet Road, Corio – $510,000
  • 31/5 Oxford Street, Whittington – $380,000

Buyers remain drawn to these properties for their affordability and convenience, especially in suburbs close to transport and urban centres.


Lara and Armstrong Creek Maintain Momentum

Both Lara and Armstrong Creek continued their growth trajectories, with multiple strong mid-range results:

  • 32 Wathaurong Drive, Lara – $675,000
  • 2 Bracknell Court, Lara – $481,000
  • 15 Gahnia Drive, Armstrong Creek – $862,500
  • 22 Franklin Road, Mount Duneed – $825,000

These emerging suburbs are increasingly popular among young families and professionals looking for newer homes with excellent amenity access and community planning.


Residential Land Sales Signal Continued Development Interest

Land sales in Wandana Heights and Ocean Grove further illustrated the market’s interest in long-term planning and new construction. Highlights include:

  • 8 Trafalgar Square, Wandana Heights – $865,000 (2,179m²)
  • 14 Roslyn Court, Ocean Grove – $700,000 (613m²)

These sales point to continuing confidence in Geelong’s development future, with buyers looking to build their own homes or invest in new dwellings.


Geelong West, Newtown, and Bell Post Hill Reflect Urban Market Vitality

Closer to Geelong’s city centre, established suburbs continued to move stock efficiently. 180 Aberdeen Street, Geelong West sold for $658,000, and 31 Saffron Street, Newtown fetched $780,000—solid mid-tier results showing the strength of these blue-chip inner suburbs.

Likewise, 17 Liston Street, Bell Post Hill sold for $715,000, demonstrating the growing demand for established family homes within 15 minutes of the CBD.


Final Thoughts

The Geelong market continues to impress with its diversity, activity, and resilience across all segments. With transactions ranging from under $400,000 in Whittington to over $1.5 million in Barwon Heads, there is clear evidence of deep demand across Geelong’s urban, suburban, and coastal corridors.

As June approaches its close, we’ll be watching how winter conditions, school holidays, and end-of-financial-year dynamics shape listings and buyer activity. For now, though, the Geelong region remains one of Victoria’s most reliable and dynamic real estate markets.

Stay tuned for next week’s wrap as we continue to monitor and report on the region’s latest residential activity.

Leave a Comment

Your email address will not be published. Required fields are marked *