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Marshall suburb profile

Marshall is a suburban area located in the city of Greater Geelong, Victoria, offering a blend of suburban tranquility and accessibility. Situated approximately 7km southeast of Geelong's city center, Marshall is known for its family-friendly atmosphere and growing residential developments. The suburb provides convenient access to public transport, including the Marshall railway station, which connects residents to Geelong and Melbourne. With its proximity to local schools, parks, and shopping facilities, Marshall appeals to families and professionals seeking a balanced lifestyle. Its community-oriented environment and ongoing development make it an attractive option for those looking to settle in the Geelong region.

Marshall property market performance

Property growth+1.2%Past 12 months

Marshall’s property market has shown modest growth over the past 12 months, with house values increasing by 3.2%, bringing the median house price to $690,000. The unit market remains stagnant, with no change in median value and limited sales activity.

Sales activity for houses has been relatively low, with 15 houses sold in the past 12 months. Houses are selling quickly, with a median of 24 days on the market, indicating strong demand. The unit market, however, has seen minimal activity, with only one unit sold and no median days on market data available.

The rental market for houses in Marshall has experienced a notable increase, with average rent rising by 7.2% over the last 12 months to $520. The unit rental market remains inactive, with no change in rent prices.

HousesUnits
Median price
Past 3 months
$690KN/A
Change in value
Past 12 months
3.2%N/A
Sold
Past 3 months
151
Median days on market
Past 12 months
24N/A
Average rent
Past 12 months
$520N/A
Change in rent
Past 12 months
7.2%N/A

5 year median price trend for houses and units

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Marshall demographics

Marshall, a suburb located in the Greater Geelong region of Victoria, offers a serene and family-friendly environment. With a population of 2,299, it is a relatively small community that provides a peaceful lifestyle away from the hustle and bustle of larger cities. The median age of 43 suggests a mature population, likely comprising families and long-term residents who appreciate the suburb's tranquil atmosphere and community-oriented lifestyle.

The suburb's housing landscape is characterized by a significant proportion of home ownership, with 35% of properties owned outright and 36.3% owned with a mortgage. This indicates a stable community with many residents having a long-term commitment to the area. Renting is less common, with only 28.7% of properties being rented, which may appeal to those looking for a more settled and established neighborhood.

Family dynamics in Marshall are diverse, with couple families without children making up 51.2% of the family structure, while couple families with children account for 34.5%. One-parent families represent 12.7%, and other family types are minimal at 1.6%. This distribution reflects a balanced mix of family types, contributing to a supportive and inclusive community environment. The median total household income of $1,154 per week suggests a modest yet comfortable living standard, aligning with the suburb's overall laid-back and community-focused lifestyle.

Marshall infrastructure, key developments and investment opportunities

Marshall continues to benefit from its proximity to the expanding Marshall railway station precinct, which provides regular V/Line services to Geelong and Melbourne and underpins demand from commuters seeking more affordable housing options.[3][6] The suburb sits within the broader growth corridor to the south of Geelong, with ongoing residential infill and nearby retirement village expansion supporting a steady increase in local amenities and helping to stabilise buyer and renter interest.[1][7]

Council planning in the City of Greater Geelong emphasises improved connectivity along Barwon Heads Road and surrounding arterial routes, which is expected to enhance access to employment hubs, schools and coastal areas over time and may gradually lift the suburb’s appeal for families and downsizers.[7] Aside from incremental upgrades to local roads, public transport and community facilities within the wider Geelong area, there are currently no single, large-scale infrastructure or redevelopment projects in Marshall alone that are likely to significantly transform the property market in the short term.

Marshall rental market trends

The rental market in Marshall has experienced moderate growth, with house rents increasing by 7.2% over the past year to $520 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Marshall continues to attract interest due to its suburban appeal and proximity to key amenities.

Suburbs near Marshall

Some popular suburbs near Marshall include:

How does Marshall compare to nearby suburbs?

  • Median house prices: Marshall’s median house price is 3.8% higher than Charlemont’s.
  • House price growth: Property prices in nearby Breakwater have risen 11.0% more than in Marshall over the past year.
  • Unit price growth: Property prices in nearby Belmont have risen 13.4% more than in Marshall over the past year.
  • Selling speed for houses: Properties in Marshall are selling 7.7% faster than in Charlemont.
  • Investment considerations: In Marshall, the rental yield for house is 17.2% lower than the Melbourne average, while the rental yield for units is 20.4% lower.
  • House price growth: Over the past 12 months, house prices in Marshall have grown 36.6% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Marshall have grown 39.0% lower than the average rate of growth for units across Melbourne.

Common questions about Marshall

  • Is Marshall a nice place to live?

    Marshall is a charming suburb that offers a delightful blend of suburban tranquility and accessibility, making it a wonderful place to call home. Nestled in the Greater Geelong region, it provides a peaceful environment that is particularly appealing to families. The suburb is known for its welcoming community atmosphere and is surrounded by lush parks and green spaces, perfect for leisurely strolls or family picnics. With convenient access to public transport, including the Marshall railway station, residents can easily commute to Geelong and Melbourne, making it an ideal location for professionals seeking a balanced lifestyle.

    The suburb's family-friendly vibe is complemented by its proximity to local schools and shopping facilities, ensuring that all essential amenities are within easy reach. Safety is generally not a major concern in Marshall, contributing to its appeal as a secure and comfortable place for families to settle. While the suburb may not offer the bustling nightlife of a city center, it makes up for it with a strong sense of community and a laid-back lifestyle that many find refreshing.

    For families, Marshall provides a supportive environment with a diverse mix of family types, fostering a sense of inclusivity and belonging. However, one trade-off of living in Marshall is that it lacks large-scale infrastructure projects, which means that while the suburb is steadily developing, it may not experience rapid transformation in the short term. Nonetheless, the ongoing improvements in connectivity and local amenities continue to enhance its appeal. Overall, Marshall is a delightful suburb that offers a serene and community-focused lifestyle, making it a nice place to live for those seeking a peaceful yet connected environment.

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  • Is it expensive to live in Marshall?

    Living in Marshall, a suburb near Geelong, can be considered moderately expensive, especially when you look at the property market. The current median house price is $690,000, which is quite reasonable compared to Melbourne's inner suburbs but might still be a stretch for some. Unfortunately, there isn't much data on units, as the median unit price is currently unavailable.

    When it comes to renting, the average rent for houses is $520 per week. This is a significant portion of the median total household income, which is $1,154 weekly. This means that a large chunk of your income could go towards rent if you're planning to live in Marshall. However, the average wage in Marshall is around $105,000 per year, which aligns with the Victorian state average. This suggests that while housing costs are significant, they are not drastically out of line with local earnings.

    Overall, if you are thinking of living in Marshall, it offers a balance between affordability and lifestyle, especially when compared to the more expensive suburbs closer to Melbourne. However, it's important to consider your financial situation to ensure you can comfortably manage the housing costs associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Marshall a good place to invest?

    Marshall presents a promising opportunity for those looking to invest in real estate. Over the past year, the suburb has experienced a 3.2% increase in median house values, indicating a steady appreciation in property prices. This growth, while not explosive, suggests a stable market that could appeal to investors seeking gradual capital gains. Additionally, the rental market for houses in Marshall has seen a significant 7.2% increase, highlighting strong demand and potential for solid rental returns.

    While the unit market in Marshall has remained flat in terms of both value and rent changes, this stability can be seen as a positive for investors who prioritize low-risk investments. The suburb's overall performance suggests a balanced market with opportunities for both capital growth and rental income, particularly in the housing sector. For those looking to invest in a suburb with a steady track record and potential for consistent returns, Marshall could be a worthwhile consideration.

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Choose the right real estate agents in Marshall

Currently, there are 35 real estate agents working in Marshall—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 35 agents sold 35.2% of all properties in Marshall over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Marshall typically charge a commission of 2% to 2.5%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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