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Bell Park

POSTAL CODE: VIC, 3215
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Based on its average 5-year and quarterly capital gains BELL PARK, 3215 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BELL PARK, 3215 obtained a 7.08% growth over a ten-year period. It ranks 1888th on our list of suburbs that property investors should look into.

BELL PARK, 3215 in VIC belongs to the local government area of Greater Geelong.

BELL PARK, 3215 has a capital gain of 11.34% for the past year, which is higher than average compared to its 34.25% growth within a five-year period.

With the median home price in BELL PARK sitting at $682,500, and the average rent at $492.5, property owners could potentially earn a 3.75% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BELL PARK are low, as opposed to average gains per annum over the past five years.

Surburb overview

Bell Park is a suburb of Geelong, located about 3 kilometres north-west of the Geelong city centre and approximately 75 kilometres south-west of Melbourne’s central business district. It sits within the City of Greater Geelong and forms part of the established northern suburbs, adjoining areas such as Bell Post Hill, Norlane and Hamlyn Heights.

Bell Park has a population of around 5,000 residents, with a demographic profile that includes families, older residents and a growing number of younger households. Housing in the suburb is predominantly detached, with many homes dating from mid-20th-century development, alongside newer townhouse projects reflecting gradual urban renewal.

Public transport access includes nearby rail services at North Geelong railway station, which connects to Geelong and Melbourne via the regional rail network. Bus routes operate through Bell Park, linking residents to central Geelong, surrounding suburbs and key service areas.

Road connectivity is supported by the Midland Highway and Princes Highway, providing access across the Geelong region and towards Melbourne. Local retail activity is centred on neighbourhood shopping strips, while larger commercial and retail facilities are available in central Geelong and Corio Village.

Bell Park includes several parks, reserves and sporting facilities that support local recreation and community activity. The suburb is also close to Corio Bay and waterfront areas, offering additional opportunities for outdoor activities. Schools, community centres and local services are distributed throughout the area, contributing to day-to-day amenity.

Bell Park developed primarily during the post-war period as part of Geelong’s suburban expansion, with housing designed to accommodate a growing population linked to local industry. Current planning focuses on maintaining residential character while supporting incremental redevelopment and access to infrastructure and services.

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