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Geelong vs Torquay — Coastal vs City Investment Comparison 2026

June 25, 2026

Geelong and Torquay are Victoria’s two most searched coastal investment markets outside Melbourne. Geelong offers city infrastructure and diversified demand while Torquay offers lifestyle premium and surf coast scarcity.

Median Price Comparison

Metric Geelong Torquay
Median House Price $780,000 $1,150,000
Median Unit Price $490,000 $720,000
Gross House Yield 4.1% 3.2%
Gross Unit Yield 4.9% 4.0%
5-Year Growth 46% 52%
GeeVee Score 7.8/10 7.6/10

Which Suburb Wins?

Geelong wins on yield, affordability and infrastructure diversification. Torquay wins on lifestyle premium, scarcity and long-term capital growth, with 52% five-year growth driven by surf coast demand and limited land release.

Frequently Asked Questions

Is Geelong a better investment than Torquay?

Geelong offers higher yields and lower entry prices. Torquay has delivered stronger capital growth at 52% over five years. The right choice depends on whether you prioritise cash flow or capital appreciation.

Is Torquay good for property investment?

Torquay’s scarcity, lifestyle appeal and proximity to the Great Ocean Road make it a strong long-term capital growth play, though yields are lower than Geelong at 3.2-4.0%.

Access off-market opportunities in Geelong, Torquay and across Victoria’s coastal markets at collings.com.au/portal.

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