Week Ending 6 April 2025
Sales data sourced from realestate.com.au
As Q1 drew to a close, the Geelong region wrapped up the month of March and entered April with a diverse and high-volume week of property sales. From multimillion-dollar landholdings in Barwon Heads to compact investment units in Highton and Leopold, the 31 March to 6 April period showcased the full spectrum of buyer activity and market resilience that continues to define the region’s real estate pulse.
Over 60 transactions were confirmed during the week, revealing strong private treaty performance, minimal auction activity, and a consistent appetite across family buyers, downsizers, and investors. As usual, lifestyle appeal and walkability remained key drivers of suburb popularity — but emerging trends also revealed a sharpening focus on value, versatility, and future growth.
Let’s take a closer look at what stood out.
Barwon Heads & Bellarine Peninsula: Prestige Lives Here
Barwon Heads stole the spotlight this week with one of the highest-value transactions seen so far this year — a sprawling land sale at Stephens Parade changing hands for $2.2 million. This level of activity confirms what many local agents have been reporting: prestige coastal demand isn’t cooling, even as we move into the cooler months.
St Leonards, Ocean Grove, and Portarlington also remained on buyers’ radar. Several homes in the $800,000–$900,000 range sold during the week, including properties in Cerberus Drive and Kingston Downs Drive in Ocean Grove, and Swan Parade in St Leonards. These weren’t beachfront mansions, but rather well-presented family homes in walkable locations — a testament to just how competitive the coastal lifestyle market has become.
Inner Geelong: Consistency in Geelong West and Newtown
It was another strong showing from Geelong West and Newtown, two of the region’s most consistently in-demand lifestyle postcodes. Buyers continue to pay premiums for period charm and proximity to Pakington Street, and this week proved no different.
In Geelong West, sales in McDougall Street and McNabb Avenue drew strong buyer interest. While not flashy or oversized, these homes offered what the modern buyer craves — walkability, character, and convenience. In Newtown, a property on Carmichael Avenue closed for just under the million-dollar mark, reinforcing the suburb’s steady position among the region’s top performers.
What’s notable is how these suburbs attract both sides of the market — downsizers seeking low-maintenance charm, and younger couples stepping up from apartments or townhouses. That dual appeal continues to fuel consistent demand, even as stock remains tight.
Mount Duneed, Charlemont & Lara: The Growth Belt Builds Momentum
Mount Duneed and Charlemont are holding their own as two of Geelong’s most popular growth corridors. Sales in Jimmy Street, Charlemont and Jimmy Street in Mount Duneed (two separate homes) came in strong, with buyers valuing the new build appeal, modern floorplans, and proximity to schools, parks, and amenity hubs like Club Armstrong.
Meanwhile, Lara continues to show two clear buyer paths: family buyers seeking long-term homes in planned estates like Grand Lakes, and acreage hunters targeting larger landholdings with development or lifestyle potential. A notable sale at Kees Road this week — 2.4 hectares with a 6-bedroom home — traded for $1.725 million, reaffirming the appetite for scale, privacy, and potential.
Belmont, Highton & Surrounds: The Middle Suburbs That Never Slow Down
Belmont and Highton continued to attract steady interest, with well-maintained three-bedroom homes selling in the mid-$500Ks to mid-$600Ks. These aren’t bargain buys anymore — they’re considered secure, well-connected, and liveable investments that appeal to upgraders and investors alike.
In Belmont, an updated home on Reynolds Road sold in the low $500Ks — a price that would’ve been hard to find just 18 months ago. In Highton, a tidy two-bedroom unit on Roslyn Road sold for $385,000, again showing the appetite for entry-level stock in established suburbs is still alive and well.
Affordable Market: Holding Its Ground
In the affordable bracket, buyers remain active — but they’re getting pickier. A Leopold unit on Lawrence Street sold for $420,000, and another Highton unit fell just below that. These properties highlight where affordability still exists, though stock is limited and competition can be fierce, particularly among first-home buyers and investors chasing yield.
Interestingly, while Norlane and Corio usually dominate this section of the update, their presence this week was quieter — possibly indicating a lull in listings rather than a drop in demand.
What We’re Seeing
- Coastal lifestyle properties continue to command strong prices, regardless of season.
- Sub-$700K homes in established suburbs are moving fast, especially those with modern updates or family-friendly layouts.
- Townhouses and smaller units in Newtown, Highton, and Leopold are attracting downsizers, even without large outdoor space.
- Acreage and semi-rural blocks are commanding solid prices as the work-from-home and “live large” trends persist.
Final Thoughts
The week ending 6 April confirms what we’ve been tracking all year: the Geelong market is broad, resilient, and full of activity at all levels. Whether it’s a million-dollar view in Barwon Heads or a smart townhouse in Belmont, buyers are still out in force — and they’re willing to act fast for the right property.
If the first week of Q2 is any indication, we’re in for a strong autumn. Listings may remain tight, but demand is far from cooling. This is a market that rewards preparation, suburb knowledge, and smart negotiation — and the right property, in the right place, is still commanding top dollar.
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