1402/18 Malone Street, Geelong VIC 3220

1402/18 Malone Street, Geelong VIC 3220
top-floor penthouse | 4 bed 3 bath 3 car | panoramic Corio Bay views | The Mercer building | walk to waterfront and city This top-floor penthouse in The Mercer offers a rare configuration in Geelongโ€”four bedrooms with three car spaces, a combination scarce at this tier. The panoramic views over Corio Bay from key living zones create a permanent waterfront vantage. It serves a buyer seeking an exclusive, low-maintenance residence with walking access to waterfront and city. Best suited as a primary residence for a downsizer or a part-time base for a professional. The risk is the limited buyer pool at this price point; Geelong’s luxury apartment market is shallow, which could extend selling periods. Body corporate levies will be material and require scrutiny. The opportunity is in scarcityโ€”no new supply of this configuration on the waterfront is imminent, protecting value over time. Optimal use is long-term primary residence; if letting, target corporate stays, but treat sale as a mid-to-long-term exit
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1402/18 Malone Street, Geelong VIC 3220
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Market Insight:

Geelong presents a compelling regional city proposition, anchored by its proximity to Melbourne and significant infrastructure investment, including the transformative Fast Rail project. Demand is driven by first-home buyers and families seeking affordability, alongside investors attracted by solid rental yields. The market is balanced, with realistic pricing tempering volatility. Future growth is underpinned by strong demographic expansion and a diversified, high-participation job market, though its relative affordability gap remains a key consideration for buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

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