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South Geelong

POSTAL CODE: VIC, 3220
HOUSE

SOUTH GEELONG, 3220 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 $682,500.

Profits due to an downward trend in home prices in the suburb averaged -9.57% per annum over a 3-year period.

SOUTH GEELONG now ranks at the 667th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $580 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SOUTH GEELONG, homes and units usually stay on listing for an average of N/A.

In 2016, 15 properties were sold in SOUTH GEELONG during the past year, making it the 570th most active market in VIC based on total real estate transactions.

Surburb overview

South Geelong is an inner-southern suburb of Geelong in Victoria, located approximately 2 kilometres from the Geelong central business district and about 75 kilometres south-west of Melbourne. The suburb lies within the City of Greater Geelong. It is positioned between the Barwon River, East Geelong, and Newtown, forming part of a well-connected urban area close to the city centre.

According to recent census data, South Geelong has a relatively small population, with a demographic profile that includes professionals, couples, and smaller households, and a median age close to the national average.

Housing in the suburb is mixed, comprising period homes, renovated dwellings, and a growing number of townhouses and medium-density developments reflecting its inner-urban location.

South Geelong railway station is a key transport feature, providing V/Line services on the Geelong line with direct connections to Melbourne and regional centres.

Public bus services also operate within the suburb, linking residents to the Geelong CBD and surrounding areas. Road connectivity is supported by major routes such as Moorabool Street and Fyans Street, facilitating access to central Geelong and neighbouring suburbs.

Local amenities include small retail and commercial areas, with more extensive shopping, dining, and services available in the nearby Geelong CBD and along Pakington Street in neighbouring suburbs.

Educational facilities in and around South Geelong include primary and secondary schools in adjacent suburbs, as well as access to tertiary institutions such as Deakin University.

Recreational opportunities are a notable feature, with proximity to the Barwon River offering walking and cycling paths, as well as nearby parks and sporting facilities, including the Kardinia Park precinct. The suburb also provides convenient access to the Geelong waterfront and coastal areas.

South Geelong continues to function as a well-located residential suburb within the broader Geelong region, supported by its transport links, proximity to the CBD, and access to recreational amenities.

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