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North Geelong

POSTAL CODE: VIC, 3215
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NORTH GEELONG, 3215 ranks 3293rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.55% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $670,000.

The downward trend in home prices in NORTH GEELONG, 3215 averaged -0.97% per annum over a 3-year period.

Average weekly rents on listings have reached the $470 mark, reflecting a 3.65% increase in returns based on the current median price in NORTH GEELONG.

An average of 6 real estate transactions take place per month in NORTH GEELONG which translates to 72 per annum.

72 properties were sold in NORTH GEELONG in 2016, making it the 91st most active market in VIC based on total real estate transactions.

NORTH GEELONG, 3215 places 464th in Australia based on median property value growth during the quarter.

Surburb overview

North Geelong is an inner-northern suburb of Geelong in Victoria, located approximately 3 kilometres from the Geelong central business district and about 75 kilometres south-west of Melbourne. The suburb sits within the City of Greater Geelong local government area and forms part of a broader industrial and residential corridor that connects central Geelong with its northern suburbs.

According to recent census data, North Geelong has a relatively small population, with a mix of older residents and younger households, and a median age slightly above the national average. Housing in the suburb consists primarily of detached dwellings, alongside some unit developments, reflecting its gradual transition from a traditionally industrial area to a more mixed-use residential environment.

North Geelong railway station provides regular V/Line services on the Geelong line, offering direct connections to both Geelong and Melbourne, which supports commuting and regional travel. The Princes Highway runs along the suburb’s boundary, providing key road access for both local traffic and freight movement, reinforcing the area’s long-standing role in transport and logistics.

Public bus services operate throughout the suburb, linking residents to central Geelong, neighbouring suburbs, and major retail precincts. Local amenities include small shopping strips, industrial businesses, and essential services, while larger retail centres are located nearby in Geelong West and Corio.

Educational facilities in surrounding suburbs include primary and secondary schools, as well as access to tertiary institutions in central Geelong, such as Deakin University. Recreational spaces in and around North Geelong include parks, reserves, and sporting facilities, with easy access to the Barwon River and Corio Bay foreshore areas for outdoor activities.

The suburb’s industrial heritage remains evident, with manufacturing and warehousing still present, although there has been gradual diversification into residential and commercial uses. North Geelong continues to evolve as part of the wider Geelong urban area, influenced by infrastructure investment, population growth, and proximity to both regional and metropolitan centres.

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