North Geelong — Units

NEUTRAL
VIC 3215 Unit Rank #17 of 22 in Geelong
$510K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
71 buyers/listing
Strong
LIQUIDITY
26d DOM
Strong
AFFORDABILITY
-20.0% vs 5yr
Strong
GROWTH OUTLOOK
Strong
Strong
YIELD
4.6%
Strong
SUPPLY PRESSURE
0.8% vacancy
Strong
#17/22 Strong Structure 99 $510K

Atlaso rates North Geelong units as HOLD. Average growth outlook. Vacancy is extremely tight at 0.8%, well below the 2.5% equilibrium, but prices declined 20.8% over the past year. Better units options may be available in Geelong.

At $510K, North Geelong ranks #17 of 22 units in Geelong. The long-term structural outlook is Strong. Prices remain 20% below their 5-year trend, suggesting room for recovery.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Geelong.

North Geelong Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+1.9%
Asking Prices (3mo)
+6.7%
Rents (12mo)
1.1%
Vacancy
42%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$576K

Unit Weekly Rents (12 months)

$453/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3215.

Suburb Profile

North Geelong at a Glance

SEIFA Index
5/10
Average
Household Income
$1,452/wk
Median household
Median Age
41
Years
Mortgage Stress
26%
of income
Population Growth
+2.0%
vs state +2.2%
Ownership Mix
31.6% owned 32.7% mortgage 32.6% renting

Demographic Trends

North Geelong Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full North Geelong Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is North Geelong a good suburb to invest in?
Atlaso rates North Geelong as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across North Geelong and 46 Australian cities to generate this rating.
What is the median house price in North Geelong?
The current median house price in North Geelong, vic is $510K, with annual growth of +27.7%. Properties sell in approximately 26 days.
How fast do properties sell in North Geelong?
Properties in North Geelong sell in 26 days on average. The market is currently rated Strong. This is in line with the broader market.
What is the growth outlook for North Geelong?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate North Geelong's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in North Geelong?
The gross rental yield for houses in North Geelong is 4.6%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).