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Rent in Geelong, VIC 3220

Median weekly rent on new leases lodged with the state bond authority, 12 months to September 2025. These are rents tenants signed up to pay, not advertised asking rents.

Median weekly rent

$470/wk

all new leases

New leases

1,183

12 months to September 2025

12-month change

+2.2%

vs previous 12 months

5-year change

+34.3%

median new-lease rent

Geelong rent summary

In the 12 months to September 2025, 1,183 new leases were lodged with the state bond authority in Geelong, at a median of $470 a week. The most common new lease was for 3-bedroom houses (413 leases, median $480 a week). Houses leased for a median of $485 a week against $445 for units. Across all dwellings that is up 2.2% on the previous 12 months. Over five years the median new-lease rent has risen 34.3%.

Median weekly rent on new leases in Geelong

12 months to September 2025. Median, then the range the middle half of leases fell in where published, then n = number of leases.

DwellingAll bedrooms1 bed2 bed3 bed4 bed
Houses
$485/wk
n = 606
-
$440/wk
n = 112
$480/wk
n = 413
$575/wk
n = 81
Units
$445/wk
n = 544
$380/wk
n = 163
$460/wk
n = 315
$520/wk
n = 66
-
All dwellings
$470/wk
n = 1,183

How rents on new leases have changed

Median for the 12 months to September 2025 against the same 12 months earlier.

SegmentMedian now1 year3 years5 years
All dwellings$470/wk+2.2%+14.6%+34.3%
Houses$485/wk+3.8%+12.2%+32.3%
Units$445/wk-2.6%+17.5%+30.3%
3-bedroom houses$480/wk+4.3%+14.3%+35.2%
2-bedroom units$460/wk-2.1%+17.9%+31.4%
1-bedroom units$380/wk-5.2%+18.8%+26.7%

Median rent on new leases over time in Geelong

2015 to 2025, weekly rent. Periods with fewer than 10 leases are left out.

3-bedroom houses 2-bedroom units 1-bedroom units
$501$400$300$19920162018202020222024
3-bedroom houses: $310/wk (2015) to $480/wk (2025)2-bedroom units: $290/wk (2015) to $460/wk (2025)1-bedroom units: $245/wk (2015) to $380/wk (2025)

Suburb profile

Geelong suburb data

Median prices, rental yield, vacancy and growth for Geelong.

Sold prices

Recently sold in Geelong

Actual sale prices and days on market in Geelong.

Rent changes

Rent rises and cuts

Weekly rent increases and decreases on live rental listings across Australia.

Frequently asked questions about rent in Geelong

What is the median rent in Geelong?

In the 12 months to September 2025, the median weekly rent on 1,183 new leases in Geelong was $470 a week.

How much is rent for a 3 bedroom house in Geelong?

In the 12 months to September 2025, 413 new leases for 3-bedroom houses were lodged in Geelong, with a median rent of $480 a week.

How much is rent for a 2 bedroom unit in Geelong?

In the 12 months to September 2025, 315 new leases for 2-bedroom units were lodged in Geelong, with a median rent of $460 a week.

How much is rent for a 1 bedroom unit in Geelong?

In the 12 months to September 2025, 163 new leases for 1-bedroom units were lodged in Geelong, with a median rent of $380 a week.

Is rent going up in Geelong?

The median rent on new leases in Geelong was up 2.2% in the 12 months to September 2025, compared with the 12 months before.

Where do these Geelong rent figures come from?

They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.

How these figures are calculated

Rents are from new residential leases lodged with the state bond authority, which publishes them by area as rolling 12-month figures each quarter. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.