Side by sideSuburb comparison

Corio vs North Geelong.

Comparing two suburbs with median house prices of $513,500 and $641,000.

Corio (median $513,500) is roughly 20% cheaper to buy into than North Geelong ($641,000).

North Geelong scores higher on walkability (34/100 vs 42/100 ), useful if you're optimising for a car-light household.

The takeWhich suburb suits which buyer

For buyers

Corio is the lower entry point at $513,500 median, 20% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Corio offers the higher gross rental yield (4.05% vs 3.89%), favouring cash-flow investors.

For families

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsCorio vs North Geelong

Common questions

Is Corio or North Geelong cheaper to buy in?

Corio has the lower median house price at $513,500, roughly 20% below North Geelong ($641,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which is more walkable, Corio or North Geelong?

North Geelong scores 42/100 on walkability vs 34/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Corio or North Geelong?

Gross rental yield on houses is 4.05% in Corio vs 3.89% in North Geelong. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Corio
Metric
North Geelong

Price & Market

$513,500
Median house
$641,000
$325,000
Median unit
$497,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$400/wk
Rent (house / wk)
$480/wk
$280/wk
Rent (unit / wk)
$315/wk
57.0%
Owner occupied
57.0%
40.0%
Renter occupied
41.0%

Lifestyle & Demographics

34
Walk score
42
60
Transit score
0
100
Bike score
100
15,497
Population
3,225
35
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1015
Avg ICSEA
1015

Climate

612 mm
Annual rainfall
612 mm
25.3°C
Mean max (Jan)
25.3°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).