Over the last two years, buyer demand in the Geelong region has grown significantly, with more Victorians choosing to escape the city for a relaxed, coastal home.
Last year’s COVID-19 restrictions, and subsequent working from home arrangements, have resulted in an even further spike, with much of the workforce no longer needing to live in close proximity to their workplace.
At Balmoral Quay, selling agents Barbara and Jim have experienced strong buyer demand over the last 6 months, with the Geelong property market’s pricing and volume of sales at new levels.
“We are currently experiencing buyer activity from absentee buyers on Geelong properties up 30-40% in some cases,” Barbara says.
“Since the COVID Ring Of Steal was released, we have sold 60% of our auction properties to Melbourne buyers.”
For Jim and Barbara, this spike in interest can be put down to liveability.
“Many people are finding the congestion in Melbourne very challenging and see Geelong as the number one option in Victoria outside of Melbourne.
“Geelong residents are within one hour of Melbourne if commuting for work and only 15-20 minutes to the Surf Coast’s gorgeous beaches.”
Balmoral Quay is undoubtably Geelong’s most prestigious waterfront development, offering a wide range of luxury townhomes and apartments, including the Waterfront townhomes and apartments, Parkside townhomes and Mews townhomes.
Each dwelling has been architecturally designed to maximise the views of Corio Bay and provide improved, modern living conditions due to their quality energy ratings.
This unique location has also meant that Balmoral Quay offers the only residences that do not have a roadway between them and the bay – offering a true waterfront lifestyle.
To experience just how close the water is, visit our display suite at 43 Liverpool St, Rippleside. Open by private appointment only.
Visit our website to register your interest now or contact Barbara Wookey or Jim Cross on 1300 550 554 to secure a private inspection.