Why should I invest in Geelong?
Learn why Geelong is an investment hotspot favoured by property experts and researchers.
Watch the video below to learn more about investment opportunities in Geelong
Geelong’s economy is thriving, boosted by the arrival of government agencies like NDIS and WorkSafe. New businesses in the sectors of transport, postal & warehousing and construction are opening up, improving job prospects.
Rapid population growth has been a driving factor behind large amounts of money being spent on infrastructure - in particular improved transport links - and commercial projects. Government agencies are being relocated to Geelong, hotels are being built and residential estates are springing up across the region, providing a lure for first-home buyers.
Geelong has now secured a $355 million City Deal, an arrangement which unites three levels of government, to focus on urban development and jobs growth. Billions of dollars of construction work – both residential and commercial - is under way and there are billions more in the pipeline.
The property market remains strong, producing growth in both March and April 2020 despite the Covid-19 lockdown impacts. Some suburbs have produced double-digit growth in the last 12 months and vacancies are very tight in many areas.
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