North Geelong
The median rent for a 2-bedroom unit in North Geelong is $420 a week for leases that started in the year to September 2025, unchanged on a year earlier. That is 2% below the typical 2-bedroom unit rent across Geelong ($430). The median sale price in the Mar 2026 quarter was $710,500 for a house and $500,000 for a unit. A year of rent for that home is about 4.1% of its median sale price (gross rental yield).
Median rent in North Geelong
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $330 | +3.1% | 51 |
| 2-bedroom unit | $420 | 0.0% | 87 |
| 3-bedroom unit | $500 | 0.0% | 73 |
| 2-bedroom house | $440 | +6.0% | 66 |
| 3-bedroom house | $495 | +5.3% | 322 |
| 4-bedroom house | $580 | +3.0% | 93 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $710,500 | Mar 2026 quarter |
| Unit | $500,000 † | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Lara $415 a week
- Belmont $430 a week
- Geelong West $410 a week
- Grovedale $430 a week
- Herne Hill $410 a week
- Newtown (Greater Geelong) $440 a week