Find Finance & Mortgage Brokers in Geelong

Find Clarity in the Geelong Loan Market Geelong is a major regional city in Victoria combining coastal living with industrial growth and expanding infrastructure, positioned 75km southwest of Melbourne on Corio Bay. The housing market shows signs of softening after sustained migration-fueled growth, reflected in flat to slightly negative price forecasts for 2025 and growing housing stock from recent development completions.

Despite near-term headwinds, Geelong remains attractive for residents seeking affordable alternatives to Melbourne with median $650k versus Melbourne’s $950k+ while maintaining reasonable commuting access, and investors targeting moderate rental income in established regional center with strong long-term fundamentals. Housing stock includes period homes in established suburbs like Newtown and Geelong West, modern developments in growth corridors like Armstrong Creek and Torquay, and abundant apartments near waterfront and CBD catering to downsizers and investors.

The market benefits from economic diversity including healthcare with University Hospital Geelong and Epworth expansion, education with Deakin University major campus, advanced manufacturing, and port operations creating employment stability beyond single sectors. Major infrastructure includes Geelong Fast Rail project promising 50-minute Melbourne travel times, waterfront redevelopment creating mixed-use precincts, and ongoing residential land releases in growth corridors.

The rental market provides moderate yields of 3.5-4% with stable demand from diverse demographics. Geelong appeals to Melbourne buyers seeking coastal lifestyle with city connectivity, young professionals and families attracted by improved transport links, investors recognizing long-term value in Victoria’s second-largest city despite near-term market softness, and retirees pursuing coastal living in well-serviced regional center.