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Geelong’s off-the-plan suburbs are offering the best chance for people to shop for a new home, according to data that reveals the best buyers’ markets. The SuburbData figures revealed the suburbs where an the biggest supply of homes for sale tips the scales – and prices – in favour of buyers.
- Peter Farago
- East Geelong – Total Score: 85/100. East Geelong stands out with its balance of peaceful residential streets and proximity to central Geelong, though it comes with a higher price tag and limited nightlife.
- Geelong West – Total Score: 82/100. Geelong West combines urban convenience with a vibrant cultural scene, though it grapples with parking issues and a busy atmosphere.
- Newtown – Total Score: 80/100. Newtown excels with its historic charm and strong community spirit but faces challenges with affordability and limited public transport options.
- Belmont – Total Score: 78/100. Belmont, with its excellent shopping options and riverside charm, is slightly marred by its higher property prices and busy traffic.
Central Geelong is the best performing suburb where the median house price is $1m or above. The best suburbs for units were Newtown, Lara, Geelong West, Belmont and Bell Park. 20 Stubbs Ave, North Geelong, is listed for sale with price expectations from $749,000 to $799,000.
- Peter Farago
Geelong’s off-the-plan suburbs are offering the best chance for people to shop for a new home, according to data that reveals the best buyers’ markets. The SuburbData figures revealed the suburbs where an the biggest supply of homes for sale tips the scales – and prices – in favour of buyers.
- Peter Farago
- Corio. One of the more affordable suburbs in Geelong for property buyers, Corio is a residential and industrial area, with great house prices and a rental yield as well.
- Belmont. If you want to strike the perfect balance between Highton and Newtown, (albeit keeping things on the more cost-effective side), Belmont is the suburb to look at.
- St Albans Park. This is a perfect location with close proximity to any of the three main shopping centres, the pool or even the local gym. With great amenities and a friendly neighbourhood, St Albans Park is also one of the safest surroundings, ideal for residential or business purposes.
- Lara. A pretty little town adorned with walkways and lakes, Lara is one of the best growth suburbs in Geelong for families with kids! With a number of great schools and easy access to public transport, this is a good area for investors looking to sink a bit more cash into a family sized home.
Up-and-coming outer suburbs are tipped to be among Geelong’s hottest property markets in 2022 as buyers chase affordability. Herne Hill is the region’s number one suburb to watch in PropTrack’s predictions for the year ahead.
People also ask
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Is Geelong a good place to buy a home?
Where are Geelong's suburbs?
From the charming tree-lined streets of Newtown to the stunning coastal vistas of Ocean Grove, from the family-friendly havens of Belmont and Leopold to the rural idylls of Bannockburn and Lethbridge, Geelong’s suburbs showcase the city’s diverse appeal and rich tapestry of experiences.
