19/10/2026
33 Geelong suburbs with million-dollar median house prices by 2036? Maybe.
Interesting article from realestate.com.au over the weekend looking at where property prices across Geelong and the Surf Coast could be heading.
The figures are based on historical growth rates continuing into the future. Worth thinking about, but obviously nobody knows where prices will be in ten years.
It got me thinking about the stretch between Geelong and Torquay, particularly Armstrong Creek and Mount Duneed.
I've been involved in property for around 20 years, and something I've always been interested in is where an area is heading. Employment, infrastructure, accessibility, schools and whether it's somewhere people want to put down roots.
The price difference alone is interesting.
Recent realestate.com.au figures put median house prices at around $695,000 in Armstrong Creek and $733,000 in Mount Duneed, compared with roughly $1.18 million in Torquay.
They're different housing markets, of course, and $700,000 is still a lot of money. But for young families, that's a meaningful difference.
You've got Geelong as an employment centre in its own right, the Surf Coast beaches nearby, and schools and community facilities continuing to develop.
Flexible working has changed things too. For some families, living down here and commuting to Melbourne once or twice a week is now a realistic option.
There's also talk of a rail extension from Marshall Station into Armstrong Creek Town Centre. Geelong Council is pushing for it, although it's still a proposal without committed funding. Something worth keeping an eye on.
None of this means property prices are guaranteed to rise. Roads and services need to keep pace, and the full cost of buying or building can be challenging.
But I do think there's plenty to be positive about in this part of Greater Geelong.
For me, the more interesting question isn't what a house might be worth in 2036. It's what this area will be like to live in as it continues to grow.
For those already living in Armstrong Creek, Mount Duneed or nearby, what's working well, and what do you think needs to catch up?
Here's the article that got me thinking:
https://www.realestate.com.au/news/geelong-property-projections-reveal-the-33-suburbs-to-hit-1m-by-2036/
