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Suburb Insights ยท VIC 3220

Geelong 3220, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Geelong is a coastal suburb in Victoria, Australia, with a population of approximately 5,811, making it a smaller community. Located approximately 65 km from the Melbourne CBD, Geelong is a coastal area in Victoria. The median household income is $86,840 AUD per year (ABS 2021 Census).

Investment Score

55 / 100 Moderate

Geelong has a solid income profile that supports reliable occupancy rates. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Geelong, Victoria, Australia.

Key Indicators

Postcode
3220

Official Australia Post postcode for Geelong. A postcode may cover multiple suburbs.

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Population
5,811

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$370/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$86,840/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
65 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
43% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Geelong, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $370/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. The median household income of $86,840/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Holding property in Geelong over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Geelong can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Selective flip opportunities exist in Geelong for investors with local market knowledge.

Risk Factors

Run the numbers on a Geelong property

Full Property Analysis

30-year projections for Geelong

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Geelong should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Geelong should see steady occupancy, with moderate upward pressure on rents. The market mood around Geelong is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Geelong a good suburb for investment?

Geelong is a coastal area in Victoria with a population of 5,811. The median rent is $370/week and the median household income is $86,840/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Geelong?

Key demand drivers in Geelong include lifestyle appeal and proximity to the coast. 43% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Geelong?

According to the ABS 2021 Census, Geelong has a population of approximately 5,811. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Geelong from the Melbourne CBD?

Geelong is approximately 65 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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