106/100 Western Beach Road, Geelong VIC 3220
106/100 Western Beach Road, Geelong VIC 3220
Waterfront apartment living | Heritage and flood overlays apply | Strong owner-occupier mix | Premium finishes and bay views | Walkable to CBD and promenade
This unit sits within a well-regarded waterfront complex that stands apart from typical inner-Geelong apartment stock. The building’s 2010 construction, combined with a heritage-overlay setting and direct proximity to the bayfront promenade, gives it a character and permanence that newer, mid-market developments rarely match. The unit mix here leans toward larger floorplans—two and three-bedroom layouts with ensuites, studies, and secure parking—suggesting a building designed for owner-occupiers rather than pure investor product. That tenure pattern, with many owners holding for extended periods, points to a stable, well-maintained property that appeals most to downsizers, empty nesters, and professionals who value walkability to the CBD, hospital, and waterfront recreation over land size.
The property’s value may be shaped by its flood overlay and heritage restrictions, which could limit future alterations and require careful due diligence on insurance and council approvals. The unit’s internal configuration for 106 is not publicly confirmed, so its aspect, floor level, and exact finishes might differ from neighbouring apartments, potentially affecting its premium relative to others in the complex. Rental demand appears solid given the location’s appeal to professionals and medical staff, but the yield for this specific unit depends on its size and fitout, which remain unverified. Buyers should weigh these factors when forming a price view, recognising that the building’s waterfront positioning and quality construction provide a strong baseline, while unit-specific details will determine the final figure.
Detailed Independent Property Report prepared by PropCred Analyst team for 106/100 Western Beach Road, Geelong VIC 3220
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Geelong’s residential market is anchored by a median house price of $650,000, positioning it as a more affordable alternative to Melbourne while maintaining balanced selling conditions across most suburbs. Demand is driven by first-home buyers, families, and investors, supported by a diversified job market, low unemployment, and an employment participation rate above the national average. The market is stable rather than overheated, with buyers active but price-sensitive, limiting sudden price-drop risk. Future growth is underpinned by a projected 63 per cent population increase over 15 years, the Geelong Fast Rail project, the $294 million convention centre, and Avalon Airport upgrades. Rental yields of 4 to 5 per cent offer investor appeal. The main constraint is the affordability gap relative to Melbourne, which keeps vendors from overpricing.
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PropCred Estimated Value
Comparable Sales: 304/100 Western Beach Road sold $660,000; 602/100 Western Beach Road sold $1.1M | Property Price Band: $800K–$900K | Value Drivers: Floor level, bay outlook, internal condition, and secure parking allocation.
Bedrooms
3
Bathroom
3
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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