Thinking about buying in South Geelong? Now could not be a better time, with 1523 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $934,000 with prices in this suburb ranging from $291,000 to $4,288,000. South Geelong is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

South Geelong Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in South Geelong are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in South Geelong provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in South Geelong requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in South Geelong we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make South Geelong a better buying opportunity than it may have been in the past.

Houses for sale South Geelong

	44 VERNER ST, SOUTH GEELONG, VIC, 3220	3	2	3	$1,085,000 - $1,165,000
	127 FYANS ST, SOUTH GEELONG, VIC, 3220	3	2	2	$869,000 - $919,000
	UNIT 3, 80 BALLIANG ST, SOUTH GEELONG, VIC, 3220	2	1	1	$420,000 - $ 450,000
	3 LONSDALE ST, SOUTH GEELONG, VIC, 3220	3	2	2	$790,000 - $830,000

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General Points of Interest

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