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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
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Population
Population growth drivers in Geelong are above average based on AreaSearch's ranking of recent, and medium to long-term trends
Based on AreaSearch's analysis, Geelong's population is around 13,750 as of Feb 2026. This reflects an increase of 246 people (1.8%) since the 2021 Census, which reported a population of 13,504 people. The change is inferred from the estimated resident population of 13,736 from the ABS as of June 2024 and an additional 96 validated new addresses since the Census date. This population level equates to a density ratio of 1,072 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Population growth for the area was primarily driven by overseas migration, which contributed approximately 92.4% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Regarding demographic trends, a significant population increase in the top quartile of Australia's non-metropolitan areas is forecast, with the area expected to increase by 4,012 persons by 2041 based on the latest annual ERP population numbers, reflecting a gain of 29.1% in total over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Geelong among the top 25% of areas assessed nationwide
Geelong has experienced around 120 dwellings receiving development approval each year, with 600 homes approved over the past 5 financial years (between FY-21 and FY-25) and 9 so far in FY-26. With an average of only 0.5 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), supply is meeting or surpassing demand, providing greater buyer choice and supporting potential for population growth above projections. New properties are constructed at an average value of $426,000, revealing that developers are targeting the premium market segment with higher-end properties. There have also been $721.9 million in commercial approvals this financial year, suggesting robust local business investment.
When measured against the Rest of Vic., Geelong has 17.0% less new development (per person) while it places among the 91st percentile of areas assessed nationally, though building activity has accelerated in recent years. New development consists of 13.0% standalone homes and 87.0% medium and high-density housing. This trend toward denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers. This represents a notable shift from the area's existing housing (currently 67.0% houses), indicating decreasing availability of developable sites and reflecting changing lifestyles and the need for more diverse, affordable housing options. The location has approximately 99 people per dwelling approval, indicating a low density market.
Looking ahead, Geelong is expected to grow by 3,998 residents through to 2041 (from the latest AreaSearch quarterly estimate). Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.
Frequently Asked Questions - Development
Infrastructure
Geelong has moderate levels of nearby infrastructure activity, ranking in the 44thth percentile nationally
Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 47 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Nyaal Banyul Geelong Convention and Event Centre Precinct, Barwon Women's and Children's Hospital, Cunningham Place, and the Nyaal Banyul Geelong Convention and Event Centre, with the list below detailing those likely to be of most relevance.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Barwon Women's and Children's Hospital
The Barwon Women's and Children's project is a $708 million flagship health facility being built within the University Hospital Geelong precinct. The new hospital will feature expanded maternity services, a neonatal and parent care unit, paediatric inpatient units, birthing suites, and additional operating theatres. Main construction by Built Pty Ltd commenced in February 2025, following the installation of multiple tower cranes in mid-2025. The project is currently progressing through major structural works including foundation piling and slab construction, with completion expected in late 2029.
Nyaal Banyul Geelong Convention and Event Centre Precinct
A transformative waterfront precinct featuring the Nyaal Banyul convention centre with a 1000-seat venue, two large exhibition spaces, and meeting rooms. The development includes a 200-room Crowne Plaza hotel, retail offerings, a public plaza, and future mixed-use towers for office and education spaces, designed to revitalise central Geelong and drive the visitor economy.
Geelong Line Upgrade (Geelong Fast Rail)
A multi-stage overhaul of the Melbourne-Geelong-Warrnambool rail corridor to facilitate more frequent and reliable travel. Major components include the South Geelong to Waurn Ponds Duplication featuring 8km of new track, the removal of level crossings at Fyans Street and Surf Coast Highway, and substantial station upgrades at South Geelong and Marshall. While the broader Geelong Fast Rail stage faced federal funding withdrawal in late 2023, state-led Regional Rail Revival works continue to focus on capacity increases and journey time improvements toward a 50-minute target.
Cunningham Place
A $250 million 17-storey mixed-use precinct in central Geelong designed by WMK Architecture. The development features 71 luxury apartments, a 168-room international hotel, and a 5,000sqm conference facility with a 650-seat auditorium. Community and resident amenities include a supermarket (likely a Woolworths Metro), medical centre, childcare, co-working spaces, private cinema, and a 'Sky Garden'. The project aims to revitalize the waterfront area and was previously targeted for the 2026 Commonwealth Games timeline.
Market Square Quarter Masterplan
The Market Square Quarter Masterplan is a major urban regeneration initiative designed to transform a central city block in Geelong into a vibrant civic heart. The proposal includes the demolition of the existing shopping centre to create a 5,000 square meter green public space known as the Green Heart, which will host community events and markets. Key features include over 300 residential apartments, retail spaces, a potential supermarket, a hotel, and the refurbishment of significant heritage buildings and the clock tower. The project focuses on pedestrian connectivity, sustainability, and celebrating Wadawurrung cultural heritage.
Nyaal Banyul Geelong Convention and Event Centre
The project involves constructing a purpose-built convention and exhibition space, including a 1000-seat venue, two large exhibition spaces, meeting rooms, conference facilities, flexible event spaces, retail spaces for food and beverage, a large public plaza, and a 200-room Crowne Plaza hotel.
The Mill Newtown
Historic Retired Soldiers Woollen Mill redevelopment featuring 343 apartments and townhouses across 10 new buildings, with commercial and retail spaces, childcare centre, and heritage retention. Designed by JAM Architects on 2.9-hectare riverfront site with direct Barwon River frontage.
Geelong Regional Sports Precinct
Development of a world-class regional sports precinct centered around Kardinia Park, including stadium upgrades, new training facilities, community sports infrastructure, and integrated commercial and entertainment venues.
Employment
Geelong shows employment indicators that trail behind approximately 70% of regions assessed across Australia
Geelong possesses a well-educated workforce, with essential services sectors well represented, and an unemployment rate of 5.1%. As of December 2025, 7,801 residents are in work while the unemployment rate is 1.4% above Regional Vic.'s rate of 3.7%, and workforce participation is well beyond standard (68.2% compared to Regional Vic.'s 61.5%). Based on Census responses, a moderate 23.7% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.
The dominant employment sectors among residents include health care & social assistance, retail trade, and construction. The area demonstrates a particularly notable concentration in health care & social assistance, with employment levels at 1.3 times the regional average. In contrast, agriculture, forestry & fishing employs just 0.7% of local workers, below Regional Vic.'s 7.5%. With 2.7 workers for every resident, as at the Census, the area functions as an employment hub, hosting more jobs than residents and attracting workers from surrounding areas.
Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, labour force levels decreased by 0.8% combined with employment decreasing by 0.5%, causing unemployment to fall by 0.3 percentage points. This contrasts with Regional Vic., where employment contracted by 0.6%, the labour force fell by 0.7%, and unemployment fell 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Geelong. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Geelong's employment mix suggests local employment should increase by 7.1% over five years and 14.6% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
As per AreaSearch's latest postcode level ATO data released for FY-23, the Geelong SA2's median income among taxpayers is $56,389, with an average of $78,321. This is well above average nationally, and compares to Regional Vic.'s median of $50,954 and average of $62,728. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $61,041 (median) and $84,782 (average) as of September 2025. Census 2021 income data shows personal income ranks at the 57th percentile ($843 weekly), while household income sits at the 37th percentile. The data shows the $1,500 - 2,999 bracket dominates with 29.5% of residents (4,056 people), consistent with broader trends across the surrounding region showing 30.3% in the same category. Housing affordability pressures are severe, with only 84.0% of income remaining, ranking at the 39th percentile and the area's SEIFA income ranking places it in the 6th decile.
Frequently Asked Questions - Income
Housing
Geelong displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
Dwelling structure within Geelong, as evaluated at the latest Census, comprised 67.1% houses and 32.9% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Meanwhile, the level of home ownership within Geelong was lagging that of Regional Vic., at 31.7%, with the remainder of dwellings either mortgaged (27.3%) or rented (41.0%). The median monthly mortgage repayment in the area was well above the Regional Vic. average at $1,703, while the median weekly rent figure was recorded at $340, compared to Regional Vic.'s $1,430 and $285. Nationally, Geelong's mortgage repayments are lower than the Australian average of $1,863, while rents are less than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Geelong features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households dominate at 56.1% of all households, comprising 20.0% couples with children, 26.2% couples without children, and 8.6% single parent families. Non-family households make up the remaining 43.9%, with lone person households at 37.2% and group households comprising 6.7% of the total. The median household size of 2.1 people is smaller than the Regional Vic. average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Geelong exceeds national averages, with above-average qualification levels and academic performance metrics
Educational attainment in Geelong significantly surpasses broader benchmarks, with 37.0% of residents aged 15+ holding university qualifications compared to 21.7% in Rest of Vic. and 27.3% in SA3 area. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 23.7%, followed by postgraduate qualifications (8.9%) and graduate diplomas (4.4%). Trade and technical skills feature prominently, with 31.2% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.3%) and certificates (19.9%).
Educational participation is notably high, with 28.3% of residents currently enrolled in formal education. This includes 10.0% in tertiary education, 7.1% in primary education, and 5.1% pursuing secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Public transport analysis reveals 124 active transport stops operating within Geelong, comprising a mix of train services. These stops are serviced by 48 individual routes, collectively providing 10,057 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 178 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 78%, with 12% walking and 2% cycling. Vehicle ownership averages 1.1 per dwelling, which is below the regional average. Some 23.7% of residents work from home (2021 Census; may reflect COVID-19 conditions).
Service frequency averages 1,436 trips per day across all routes, equating to approximately 81 weekly trips per individual stop. The accompanying map shows the 100 nearest stops to the location centrepoint.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Geelong is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Health data reveals substantial challenges facing Geelong, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts, and the rate of private health cover is very high at approximately 58% of the total population (~7,974 people), compared to 50.5% across Regional Vic..
The most common medical conditions in the area were found to be mental health issues and asthma, impacting 10.6 and 8.6% of residents, respectively, while 66.3% declared themselves as completely clear of medical ailments compared to 63.4% across Regional Vic.. Working-age residents show an above average prevalence of chronic health conditions. The area has 16.7% of residents aged 65 and over (2,297 people), which is lower than the 23.9% in Regional Vic.. Health outcomes among seniors are above average, with national rankings even higher than the general population.
Frequently Asked Questions - Health
Cultural Diversity
In terms of cultural diversity, Geelong records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics
Geelong is roughly in line with the wider region's average in terms of cultural diversity, with 85.6% of its population being citizens, 81.0% born in Australia, and 87.3% speaking English only at home. The main religion in Geelong is Christianity, which makes up 45.0% of the population. However, the most apparent overrepresentation is in Judaism, which comprises 0.2% of the population, compared to 0.1% across Regional Vic..
In terms of ancestry (country of birth of parents), the top three represented groups in Geelong are English, comprising 27.7% of the population, Australian, comprising 24.5% of the population (notably lower than the regional average of 29.6%), and Irish, comprising 11.4% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Dutch is overrepresented at 1.8% of Geelong (vs 1.7% regionally), Croatian at 0.9% (vs 0.4%), and Scottish at 9.0% (vs 8.8%).
Frequently Asked Questions - Diversity
Age
Geelong's population is slightly older than the national pattern
With a median age of 38, Geelong is notably under the Regional Vic. figure of 43 but is equivalent to the national norm of 38. The 25 - 34 age group shows strong representation at 22.1% compared to Regional Vic., whereas the 5 - 14 cohort is less prevalent at 7.0%. This 25 - 34 concentration is well above the national 14.4%. Following the 2021 Census, younger residents have shifted the median age down by 1.7 years to 38. Specifically, the 25 to 34 age group has grown from 17.6% to 22.1% of the population, while the 35 to 44 cohort increased from 12.2% to 13.8%. Conversely, the 45 to 54 cohort has declined from 12.2% to 10.1% and the 55 to 64 group dropped from 13.7% to 11.7%. By 2041, Geelong is expected to see notable shifts in its age composition. The 25 to 34 cohort shows the strongest projected growth at 55%, adding 1,676 residents to reach 4,710. The 55 to 64 group displays more modest growth at 1%, adding only 14 residents.