Biggest Geelong auction weekend signals recovery – realestate.com.au

Geelong’s biggest auction weekend of 2025 is both a sign of an improving housing market and people’s desire to lock in property moves by Christmas.

Twenty-five properties will be auctioned across the region on Saturday, from a renovated suburban home in the east of the country, priced under $600,000, to a striking bluestone home on a rural estate on the Barwon River in Winchelsea.

Five homes will be auctioned in Belmont, with three each on offer in Geelong West and Newtown.

RELATED: The old house in Highton was spruced up as construction workers circled around

Pair to reset the clock on the modernist time capsule

Geelong Cats Tom Hawkins great puts Barrabool Hills farm up for sale

70 Lauders Lane, Winchelsea, is the most viewed house on realestate.com.au to be auctioned this weekend. It is listed with price expectations of $2.76 million to $2.85 million.

---

But it’s two homes priced under $600,000 in Geelong’s east that have attracted the most attention.

A renovated three-bedroom home at 38 Charles St, Newcomb is listed with a price expectation of $545,000 to $595,000.

The wooden house on a 545 m² block has a renovated kitchen and bathroom, but the garage has been converted into a shed.

Hayeswinckle East Geelong agent Tiffany Simpson said the house had attracted the attention of many first-time buyers and investors.

Auction: 100 groups inspected the three-bedroom house at 38 Charles St, Newcomb.

---

First home buyers and potential developers are among 80 groups inspecting an 837 sq m property at 74 St Albans Rd, Thomson.

There are properties with lower price expectations in St Albans Park, Belmont and Lara.

McGrath Geelong agent David Cortous said more people were bidding, with more sellers choosing to sell at auction as conditions improved.

“There is depth in the auctions now, we are seeing multiple buyers for different properties, especially in price ranges under $1 million.

“We have first-time buyers competing in the same price range with that regional investor market. That’s about $650,000 to $850,000, but it’s being pushed out of the interstate market.”

Bids are expected on the four-bedroom house at 99 Aberdeen St, Newtown, which is up for auction with a price estimate of $1.85 million to $2.03 million.

---

Geelong buyer advocate Tony Slack said the window is closing quite quickly when it comes to the number of weekends it takes to close a deal and get in before Christmas, but buyers were still vigilant.

“I feel like there’s still a bit of reluctance unless there’s a fairly high level of other bidders before people pull their hands out of their pockets,” he said.

Mr Slack said there weren’t many really runaway results either.

“There is no knockout bid. I think with the two rate cuts we’ve had and the greater willingness of banks to lend, there’s no doubt there are more buyers.

“Twelve to eighteen months ago the banks said no, you will have to get financed for everything you want to buy.

“Now there is certainly a lot more flexibility with the banks to allow you to auction and be able to bid.”