South Geelong vs Belmont.
Comparing two suburbs with median house prices of $682,500 and $686,000.
South Geelong (median $682,500) is roughly 1% cheaper to buy into than Belmont ($686,000).
On school quality, the average ICSEA across schools serving Belmont (1073) sits above South Geelong (1040).
For buyers
South Geelong is the lower entry point at $682,500 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Belmont offers the higher gross rental yield (3.79% vs 2.74%), favouring cash-flow investors.
For families
Belmont edges out on average school ICSEA (1073 vs 1040).
Common questions
Is South Geelong or Belmont cheaper to buy in?
South Geelong has the lower median house price at $682,500, roughly 1% below Belmont ($686,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does South Geelong or Belmont have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Belmont scores 1073 vs 1040 in South Geelong. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, South Geelong or Belmont?
Gross rental yield on houses is 3.79% in Belmont vs 2.74% in South 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare South Geelong against another suburb