Geelong West (postcode 3218) is a medium-sized suburb in Victoria within the Greater Geelong local government area. It is home to about 7,345 residents, with a mix of young professionals and families and a median age of 36. Households earn a median income of $93K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Geelong West has a median house price of $860,000, which has moved lower by 5.5% year-on-year. Units have a median price of $330,000 (-32.7% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,996.
Geelong West is served by 2 schools, including 2 primary. The average ICSEA score is 1083, which is above the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,631 incidents per 100,000 population.
Looking at the investment signals, Geelong West shows a gross rental yield of approximately 2.9%, rated as low yield. Property prices are near the state median ($860K/$850K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -5.5% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.