Regional Victoria — Geelong · 3214/3215 · 75 km (Melbourne CBD) from CBD

Buyer's Agent in Geelong (Norlane & Corio)

Geelong's northern suburbs (Norlane, Corio) deliver the highest yields in our portfolio at 7-8%. At $425K average purchase, the rent ($600/wk) covers ALL holding costs — mortgage, council rates, insurance — with cash surplus. This is pure positive cash flow from settlement day. As Victoria's second city with its own economy (healthcare, education, manufacturing), Geelong isn't dependent on Melbourne's market cycle.

Avg Purchase

$425K

$350,000 – $500,000

Avg Rent

$600/wk

$450 – $750/wk

Avg Yield

7.5%

7.0% – 8.0%

Avg Land

550 sqm

450 – 700 sqm

Avg Capital Gain

$50K

Per property

Properties Tracked

2

In our portfolio

Why Invest in Geelong (Norlane & Corio)?

1

Highest rental yield in portfolio — 7-8%

2

Victoria's second-largest city with independent economy

3

Affordable entry ($350K–$500K) enables positive cash flow from day one

4

Rent covers all loan repayments with surplus

5

Deakin University Waurn Ponds campus driving rental demand

6

Tourism economy (Great Ocean Road gateway) enabling Airbnb hybrid

Case Study: Norlane — Maximum Cash Flow

Purchase Price

$400K

Current Value

$500K

Weekly Rent

$600/wk

Land Size

550 sqm

Purchased at $400K, now valued at $500K+. Renting at $600/wk — a 7.8% yield with absolutely positive cash flow. Holding costs (mortgage at 6%, rates, insurance) total approximately $520/wk, leaving $80/wk profit in the investor's pocket from day one. Granny flat potential would push income to $900+/wk.

Living in Geelong (Norlane & Corio)

Transport

Corio and North Shore stations (V/Line Geelong line) — 55 min to Southern Cross. Princes Freeway and Geelong Ring Road.

Schools

Northern Bay College, Corio Bay Senior College. Access to broader Geelong education network.

Infrastructure & Amenities

Geelong CBD (15 min), Geelong Hospital, Deakin University, Waterfront Geelong, Great Ocean Road access.

Demographics

Working-class community with strong employment base. Healthcare workers (Geelong Hospital), manufacturing, and university students.

Ready to Invest in Geelong (Norlane & Corio)?

Our team has sourced 2+ properties in Geelong (Norlane & Corio). Book a free strategy call to discuss your investment goals.

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Important Information

PremiumRea Pty Ltd is a licensed Victorian real-estate buyer's agency. We are not a licensed financial adviser, tax agent, credit provider, or lawyer. Information on this website — including portfolio data, yields, capital gains, testimonials, suburb statistics, and guides — is general in nature only and does not take into account your objectives, financial situation, or needs. Past performance is historical and is not a reliable indicator of future results. Obtain independent professional advice before acting on anything you read here.

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