Real Estate Gherang Vic 3240

Real Estate Market: Is Gherang VIC 3240 a Good Suburb to Buy Into?

Housing Market in Gherang

Key Gherang Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Geelong	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$608	Top 45%	4% to Nov 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Gherang

Gherang Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Gherang

30.3%

Geelong

30.7%

Compare
Suburbs

Field	Value	VS Geelong	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	1.0	Bottom 33%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 18%	Data for May 2020
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	1	Top 45%	to Nov 2025

Housing Stock Quality in Gherang

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Geelong	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.8	Top 23%	Data for Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Gherang

Gherang Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Gherang

17.8%

Geelong

30.6%

Compare
Suburbs

	Field	Value	VS Geelong	Trend
	Heritage overlay total area	0.0 sq km	Bottom 18%	Data for Jun 2023

Risk in Gherang

Gherang Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Gherang

33.8

Geelong

41.0

Compare
Suburbs

Field	Value	VS Geelong	Trend
% Owner Occupied	93.8%	Top 43%	1% to May 2023
% Rentals	6.2%	Bottom 43%	33% to May 2023
Housing Affordability Index	36	Top 38%	Data for Jun 2023
Median monthly mortgage	$2,050	Top 43%	19% to May 2023
Rent Affordability Index (Houses)	81	Top 33%	Data for Jun 2023
Rent Affordability Index (Units)	77	Top 40%	Data for Jun 2023
Mortgage as a percent of income	24.6%	Top 36%	1% to Jan 2021
Mortgaged Dwellings	53.7%	Top 15%	9% to May 2023

Housing Demand in Gherang

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Gherang

44.8%

Geelong

75.8%

Compare
Suburbs

Field	Value	VS Geelong	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	8080	Bottom 31%	22% to Dec 2036
Historical Population (SA3)	23400	Bottom 10%	78% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	41200	Top 30%	100% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Gherang

Gherang Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

	Field	Value	VS Geelong	Trend
	Smart median sale price: All units	Premium	Premium	Premium
	Unit to house ratio	83.2%	Top 22%	16% to Nov 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Surf Coast

Median House Sale Prices by Street (1)

Street	Date	Median sale value
Noels Ln	29 Nov 2025	$1,340,000

Percent of Renters by Street (16)

Percent of Renters	Street
0.0%	Crafters Rd
7.5%	Gherang Rd
0.0%	Dangers Rd
0.0%	Guye Ct
0.0%	Lakeside Dr

Turnover Rate by Street (14)

Turnover rate	Street	Turnover Label	Turnover Years	Year
33.3%	Dangers Rd	very tightly held	Every 30.0 years (very tightly held)	2025
96.6%	Wormbete Station Rd	high turnover	Every 10.4 years (high turnover)	2025
89.3%	Gherang Rd	high turnover	Every 11.2 years (high turnover)	2025
80.0%	Noels Ln	average turnover	Every 12.5 years (average turnover)	2025
53.8%	Lakeside Dr	quite tightly held	Every 18.6 years (quite tightly held)	2025

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
75 Noels Ln	$1,460,000	3.0	1.0	7.0	18 Sep 2025	On Market
95 Guye Ct	Price Withheld	4.0	2.0	2.0	21 Aug 2025	On Market
45 Knights Track	Price Withheld				18 Jun 2025	On Market
45 Knights Track	$740,000				18 Jun 2025	On Market
385 Gherang Rd	Price Withheld	3.0	2.0	2.0	03 May 2025	On Market

Businesses (1)

Name	Address
Wylie K A & J A Pty Ltd

Planning Applications: Other (2)

Headline	Place	Date
Plans to Comply 1 (Amended Plans) 4 (Exterior materials, colours and finishes condition) 17 (Country Fire Authority condition) - Surf Coast Shire Council 25/0208 - PC1	44 Thompsons Road, Gherang VIC 3240	14 Nov 2025
Use & Development Extactive Industry (sand, gravel etc) including sand & gravel washing plant - Surf Coast Shire Council 89/177 - 1	530 Forest Road, Gherang VIC 3240	05 Jul 2024

Recently Sold Units (100)

Address	Price	Date sold	Sale Type
45 Knights Track	$740,000	18 Jun 2025	On Market
45 Knights Track	$740,000	18 Jun 2025	On Market
45 Knights Track	$740,000	18 Jun 2025	On Market
45 Knights Track	$740,000	18 Jun 2025	On Market
45 Knights Track	$740,000	18 Jun 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
500 Gherang Rd	Price Withheld	4.0	2.0	6.0	12 Aug 2021
500 Gherang Rd	Price Withheld	4.0	2.0	6.0	12 Aug 2021
500 Gherang Rd	Price Withheld	4.0	2.0	6.0	12 Aug 2021
500 Gherang Rd	Price Withheld	4.0	2.0	6.0	12 Aug 2021
500 Gherang Rd	Price Withheld	4.0	2.0	6.0	12 Aug 2021

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
150 Thielemanns Rd	$800	4	2	6	27 Aug 2024
150 Thielemanns Rd	$800	4	2	6	27 Aug 2024
150 Thielemanns Rd	$800	4	2	6	27 Aug 2024
150 Thielemanns Rd	$800	4	2	6	27 Aug 2024
150 Thielemanns Rd	$800	4	2	6	27 Aug 2024

Leaflet

Expand ↗️

Loading Choropleth Data

Min Max

Subscribe to see the timeline. See samples: