The Geelong property market has demonstrated exceptional resilience and strength during the week ending November 15, with multiple properties commanding premium prices and achieving outstanding auction results across the region.
Premium Properties Command Million-Dollar Prices
Geelong's luxury property segment continues to flourish, with several high-end sales capturing attention. In Newtown, a magnificent five-bedroom residence at 15 Aphrasia Street achieved an impressive sale price of $2.4 million through RT Edgar Geelong. The stunning property features multiple living areas and exemplifies the premium market's robust performance.
Meanwhile, in Highton, another significant transaction saw 17 Karingal Drive change hands for $1.7 million via Buxton agents. This sale further reinforces the sustained demand for quality homes in Geelong's sought-after suburbs.
Auction Action Across Geelong Suburbs
The auction scene remained particularly active with several properties selling under the hammer. In East Geelong, 23 St Albans Road attracted strong bidding before selling for $1.325 million through McGrath agents. The successful auction demonstrates continued buyer confidence in the central Geelong market.
Bell Post Hill witnessed competitive bidding at 25 Panorama Drive, where the property sold for $810,000 through Harcourts North Geelong. The result highlights the diversity of buyer interest across different price points within the region.
Private Sales Show Market Depth
Private treaty sales complemented the auction activity, revealing the market's comprehensive strength. In Herne Hill, 25 Sunhill Court achieved $1.15 million through Buxton, while in Manifold Heights, 34 Minya Road sold for $1.05 million via McIntyre Property.
The mid-range market also performed strongly, with 15 Sunhill Crescent in Herne Hill fetching $920,000 through Buxton, and 25 Fairview Avenue in Newtown commanding $905,000 via RT Edgar Geelong.
What These Results Mean for Geelong Homeowners
The consistent performance across multiple price brackets indicates a healthy and balanced property market in Geelong. From luxury homes breaking the $2 million barrier to solid sales in the $800,000 to $900,000 range, the data reveals broad-based demand that benefits both sellers and the local economy.
These results position Geelong as one of regional Victoria's strongest property markets, with continued growth potential driven by infrastructure development, lifestyle appeal, and relative affordability compared to metropolitan Melbourne.
