CGT property valuations in Geelong and the Bellarine.

How has Melbourne migration affected Geelong valuations?

Sustained migration from Melbourne has lifted Geelong values, particularly since 2020, so valuation dates before and after that shift produce very different figures.

Central Geelong, Newtown and the waterfront suburbs re-rated substantially. A valuation dated before the shift should reflect the market as it then was, not the market that followed.

We take evidence from the specific suburb and period rather than applying a regional average, because the re-rating was uneven across the city.

How are growth-corridor properties valued?

House-and-land stock in corridors such as Armstrong Creek is valued against directly comparable estate sales from the same release period and stage.

New estate housing is unusually homogeneous, which makes comparable selection straightforward but makes timing critical — prices within a single estate can move materially between stages.

Where the property was purchased off the plan, the contract price often reflects incentives rather than market value, so it is treated as evidence to be tested rather than accepted.

Do you value Bellarine and Surf Coast holiday homes?

Yes. Coastal holiday properties at Barwon Heads, Ocean Grove, Torquay and Anglesea are valued against evidence from the same coastal sub-market.

Holiday markets are seasonal and thinner than metropolitan ones, so sales evidence is drawn from a wider window and adjusted for the point in the cycle.

Where the property has been let short-stay, the date that income-producing use began may itself be a valuation date — tell us the history.

Common Geelong CGT scenarios we value

Central Geelong and Newtown homes first rented out before the Melbourne migration shift

Armstrong Creek and Lara growth-corridor house-and-land

Bellarine and Surf Coast holiday homes moved into short-stay letting

Deceased estates across Belmont, Highton and Grovedale

Areas we cover across Geelong

Our Geelong panel covers the City of Greater Geelong, the Bellarine Peninsula, the Surf Coast and the Golden Plains and Colac corridors.

Geelong CGT valuation questions