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South Geelong suburb profile

South Geelong is an inner-city suburb on the southern edge of Geelong, facing Corio Bay and close to the waterfront precinct and city centre. Its streets show a mix of weatherboard workers' cottages and terraces alongside pockets of newer apartment development, so the area combines a sense of history with urban convenience. The suburb appeals to long-term locals, young professionals and families who value walking access to cafes, parks and foreshore paths and who enjoy recreational time on the bay. South Geelong station offers regular rail links and there are straightforward road connections to the wider Geelong region.

South Geelong property market performance

Current median dwelling price$950,000Past 3 months

South Geelong has 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 fell a notable 9.0% over the last 12 months.

Over the last 3 months, 3 houses and 2 units were sold. Houses sold in a median of 34 days.

The rental market in South Geelong saw house rents average $550 a week, up a solid 5.2% over the last 12 months, while unit rents averaged $390 a week, down a modest 4.9% over the last 12 months. House rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-9.0%N/A
Sold
Past 3 months
32
Median days on market
Past 12 months
34N/A
Average rent
Past 12 months
$550$390
Change in rent
Past 12 months
5.2%-4.9%

5 year median price trend for houses and units

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South Geelong demographics

South Geelong is a community of 1,014 people with a median age of 37. The median total household income is $1,642 a week, roughly $85,400 a year.

Families make up the bulk of households: couple families account for nearly four in five households, split between couple families without children (40.8%) and couple families with children (38.8%). One-parent families represent 18.0% of households and other families 2.4%.

In South Geelong, homes are mostly owner-occupied: 30.1% are owned outright and 31.6% are owned with a mortgage, a combined 61.7%. Around two in five households, 38.3%, rent their home, so owner-occupation is more common than renting.

Suburbs near South Geelong

Some popular suburbs near South Geelong include:

  • Newtown: Established, tree-lined suburb known for heritage homes and parkland.
  • Geelong: Regional city centre on Corio Bay, with a waterfront precinct and cultural amenities.
  • East Geelong: Riverside suburb beside the Barwon River with residential streets and parkland.
  • Belmont: Leafy suburb with family homes and several recreational reserves.
  • Breakwater: Riverside suburb with industrial history and areas of wetland and open space.

How does South Geelong compare to nearby suburbs?

  • Median house prices: South Geelong’s median house price is 16.2% higher than Newtown’s.
  • Median unit prices: South Geelong’s median unit price is 13.5% higher than Geelong’s.
  • House price growth: Property prices in nearby Newtown have risen 13.6% more than in South Geelong over the past year.
  • Selling speed for houses: Properties in South Geelong are selling 32.0% faster than in Newtown.
  • House price growth: Over the past 12 months, house prices in South Geelong have grown 21.0% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in South Geelong have grown 55.5% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in South Geelong

There are 18 real estate agents in South Geelong, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 40.9% of all sales in the past year.

Commission rates in South Geelong typically range from 1.55% to 2.61%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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