North Geelong suburb profile
North Geelong is an inner-north suburb of Geelong that blends older residential streets with established commercial and light industrial areas, giving it a practical working suburb character. The area is served by North Geelong railway station and a handful of local shops and cafes that cater for everyday needs, while parks and sporting grounds provide green space for families. Housing ranges from weatherboard and brick worker cottages to modest post-war homes and newer apartment infill, so there is a mix of older character and more recent development. It suits people who want convenient access to the Geelong CBD and regional rail links without living in the centre of town.
North Geelong property market performance
Property growth+16.5%Past 12 months
Like many smaller suburbs, North Geelong sees relatively few recent property sales, so there isn't enough data to publish a reliable median price for houses or units. The figures that are available show house values rose sharply, up 10.0% over the last 12 months, while unit values rose sharply, up 23.0% over the last 12 months; unit values increased more strongly than house values.
There were 6 house sales recorded over the last 3 months. Houses sold in a median of 24 days over the last 12 months.
The rental market in North Geelong shows average house rent at $490, with house rents up a solid 5.4% over the last 12 months. Average unit rent was $380 and unit rents fell a solid 5.0% over the last 12 months, so house and unit rents moved in opposite directions.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 10.0% | 23.0% |
Sold Past 3 months | 6 | N/A |
Median days on market Past 12 months | 24 | N/A |
Average rent Past 12 months | $490 | $380 |
Change in rent Past 12 months | 5.4% | -5.0% |
5 year median price trend for houses and units
North Geelong demographics
North Geelong is a community of 3,225 people with a median age of 40. The typical household income is $1,490 a week, roughly $77,500 a year.
Families are prominent: couple families with children are the largest group at 42.3%, and together with couple families without children (35.5%) they make up 77.8% of families. One-parent families account for 20.8%, while other families represent 1.4%.
In North Geelong most homes are owner-occupied, about 58.3% when owned outright (26.4%) and owned with a mortgage (31.9%) are combined. Renters make up 41.7% of households, roughly two in five homes.
Suburbs near North Geelong
Some popular suburbs near North Geelong include:
How does North Geelong compare to nearby suburbs?
- Median house prices: North Geelong’s median house price is 0.8% higher than Bell Park’s.
- House price growth: Over the past 12 months, house prices in North Geelong have grown 24.2% higher than in Rippleside.
- Unit price growth: Over the past 12 months, unit prices in North Geelong have grown 15.9% higher than in Bell Park.
- Selling speed for houses: Properties in North Geelong are selling 58.6% faster than in Rippleside.
- Investment considerations: In North Geelong, the rental yield for house is 22.7% lower than the Melbourne average, while the rental yield for units is 35.6% lower.
- House price growth: Over the past 12 months, house prices in North Geelong have grown 31.4% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in North Geelong have grown 16.4% lower than the average rate of growth for units across Melbourne.

