JOURNAL

Why Geelong Is a Great Place to Call Home in 2024

Josh Francavilla
September 10, 2024

Relocating is about more than finding a new house. It's about finding a place that fits how you want to live. Geelong is worth serious consideration in 2024, whether you're buying your first home, relocating, or looking at the area as an investor.

Set along Victoria's coastline, Geelong offers a relaxed lifestyle, a growing economy, and a property market that's more accessible than Melbourne's. Here's what makes it worth a closer look.

A Relaxed Coastal Lifestyle

Eastern B each Reserve's historic bathing pavilion and swimming enclosure on Corio Bay, reflecting Geelong's relaxed coastal lifestyle

Geelong's coastline and its proximity to the Surf Coast are among its strongest drawcards. Eastern Beach offers safe swimming, scenic walking trails, and family-friendly picnic spots, and the wider Geelong Waterfront is popular with locals and visitors for surfing, paddleboarding, and sailing. A temperate climate and an abundance of parks, gardens, and nature reserves make it a genuine option for anyone who wants an outdoor-oriented lifestyle. Community events such as the Festival of Sails and the Geelong Revival Motoring Festival add to the area's character throughout the year.

An Affordable, Growing Property Market

n established, leafy Geelong street with character homes and a modest new development further down, reflecting the area's accessible , growing market.

Compared with Melbourne and Sydney, Geelong typically offers more accessible property prices, which is part of why it appeals to both first home buyers and investors. Median house prices in Geelong have generally sat well below Melbourne's, though it's worth checking current figures before making a decision, since local conditions shift over time. The market has shown consistent growth over the past decade, supported by ongoing infrastructure investment, and rental demand across the area has historically been solid, though yield and demand figures should always be verified against current data rather than treated as guaranteed.

Close to Melbourne, With Strong Transport Links

Geelong railway station's heritage facade with a regional train at the platform, reflecting the city's strong transport links to Melbourne.

Geelong offers coastal living without cutting you off from Melbourne. A roughly 45-minute train ride or a one-hour drive connects you to Melbourne's CBD, which makes commuting realistic for many buyers. The proposed Geelong Fast Rail project is expected to reduce that travel time further as it progresses. Major highways and Avalon Airport add further convenience for both regular commuters and occasional travellers.

A Growing Local Economy and Job Opportunities

Geelong's economy spans healthcare, education, manufacturing, and tourism, giving it a genuinely diverse job market rather than reliance on a single industry. The city has also seen growth in startups and small businesses, supported by local initiatives and government grants. Larger infrastructure commitments, including the Geelong City Deal, are aimed at strengthening the local economy and creating further employment over time.

Solid Education and Healthcare Facilities

For families, Geelong offers a strong base of public and private schools, including some of Victoria's higher-performing institutions. Deakin University's Geelong campuses add access to higher education and research opportunities without needing to relocate to Melbourne. On the healthcare side, the city is served by several public and private hospitals, including University Hospital Geelong, giving residents solid access to care close to home.

A Vibrant Culture and Community Spirit

The National Wool Museum's heritage bluestone facade in Geelong, reflecting the city's cultural depth and local heritage

Geelong has a genuine arts scene and a strong sense of local history. The Geelong Gallery, the National Wool Museum, and a number of theatres and live music venues give the city cultural depth beyond its lifestyle appeal. Community life runs through farmers' markets, festivals, sports clubs, and volunteering opportunities, and the city's heritage, including landmarks like the Old Geelong Gaol and the Geelong Botanic Gardens, adds further character to daily life.

Make Geelong Your Home in 2024

Geelong's combination of a relaxed coastal lifestyle, a more accessible property market, a growing economy, and a genuine community makes it worth serious consideration in 2024, whether you're buying your first home, relocating, or looking at it as an investment.

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