It’s no secret that Curlewis, VIC is fast becoming a sought-after pocket of real estate in Australia. Nestled on the Bellarine Peninsula, this seaside suburb offers a relaxed lifestyle with proximity to Geelong and picturesque coastal attractions like the Jack Rabbit Vineyard and Portarlington Beach. Whether you’re looking to make a savvy investment or settle down with your family, Curlewis seems to tick all the right boxes. In my experience, properties in Curlewis offer a unique blend of affordability and growth potential, catching the eyes of various buyers, from young professionals to retirees.
With a solid mix of affordable homes, lifestyle appeal, and promising capital growth, Curlewis has emerged as a market to watch. Let’s dive deeper into the Curlewis real estate landscape to understand why it’s gaining momentum and see if it could be the perfect opportunity for your next property investment.
Real Estate Market in Curlewis
The Curlewis real estate market has been experiencing steady growth in recent years, largely driven by its affordability compared to nearby Geelong and popular Bellarine Peninsula suburbs like Ocean Grove and Drysdale. Buyers are increasingly drawn to Curlewis for its laid-back coastal lifestyle, easy access to amenities, and proximity to job opportunities in Geelong.
The property market in Curlewis has evolved, with buyer interest shifting from purely lifestyle considerations to seeking long-term investment returns. We’ve seen a rise in younger generations moving into the area, attracted to relatively more affordable home prices, while investors are noticing the solid rental yields. Curlewis has become a competitive pocket, particularly as the market moves towards a balance between supply and demand after a strong growth period.
According to data from CoreLogic, the past few years have shown a steady increase in Curlewis’s median house prices, positioning this suburb as a smarter alternative to higher-priced coastal locations. Many buyers are now turning their eyes towards Curlewis as a “hidden gem” for both capital growth and rental returns.
Property Prices in Curlewis
As of [date], the median house price in Curlewis sits at $750,000, with units averaging around $550,000. This marks a significant increase from past years, where house prices hovered closer to $600,000, showcasing the suburb’s ability to deliver capital growth—one of the key attractions for investors.
Compared to neighbouring areas like Ocean Grove, where median property prices can surpass the $1 million mark, Curlewis remains a relatively affordable option without compromising on lifestyle. This dual appeal of affordability and quality of life is drawing both first-time homebuyers and seasoned investors alike.
Real Estate Agents in Curlewis
Navigating the Curlewis property market requires having the right experts on your side. Luckily, the suburb is serviced by some highly regarded local real estate agencies who bring a deep knowledge of the area.
- Barry Plant Geelong: Known for their extensive experience in the Geelong and Bellarine Peninsula region, Barry Plant has a solid track record of delivering results. They specialise in both residential sales and property management, ensuring you get a comprehensive service whether you’re buying, selling, or looking to rent out your investment.
- Stockdale & Leggo: Another agency with a solid local presence, Stockdale & Leggo has been around for decades, helping residents find and secure properties all across the Bellarine Peninsula. Their expertise lies with local families as well as investors looking for long-term capital growth.
- Hayeswinckle: A dynamic team with a contemporary approach to market trends, Hayeswinckle focuses heavily on investment properties, offering clients detailed market analysis and tailored advice for optimising property portfolios.
Rental Prices in Curlewis
Rental demand in Curlewis remains strong, particularly thanks to its proximity to Geelong, making it a popular choice for renters who want both coastal living and access to city jobs. The median weekly rent for houses in Curlewis is currently $480, while units sit at an average of around $370.
One of the most attractive aspects of the rental market here is the solid rental yield, which averages at 3.5% for houses and 4.2% for units. These figures make Curlewis a strong candidate for investors seeking to add properties to their portfolios. In particular, units tend to attract steady demand, partly due to the growing interest from young professionals and downsizers looking for low-maintenance options.
Houses for Sale in Curlewis
Curlewis offers a wide variety of housing options, making it appealing to buyers from various walks of life. You’re likely to come across properties offering large backyards, which are a major attraction for families. Many homes in Curlewis feature contemporary designs with open-plan living areas designed for relaxation and entertaining. Alongside newer residential developments, you’ll also find well-maintained older properties, some of which boast unique architectural styles rarely seen elsewhere.
Prices for houses generally range between $650,000-$900,000, depending on location and property size. Common house styles include modern family homes that feature double garages, spacious backyards, and alfresco areas—ideal for those looking for plenty of space but with a focus on low maintenance.
Apartments in Curlewis
Though less prevalent than houses, apartments and townhouses are growing increasingly common, particularly as demand from first-time buyers and retirees rises. Curlewis apartments generally offer a great mix of features, from modern open-plan layouts to access to shared amenities such as fitness centres and swimming pools.
Most apartment developments are low-rise, designed to blend with the relaxed coastal vibe of the Bellarine Peninsula. While choices might still be limited compared to houses, this sector of the Curlewis market presents exciting opportunities for investors and first-home buyers. Average apartment prices hover between $450,000 and $600,000, making apartment living a more affordable route into property ownership in this suburb.
Investment Properties in Curlewis
From an investor’s perspective, Curlewis presents a promising opportunity. One of its key selling points is its history of steady capital growth paired with good rental yields. In recent times, multi-unit developments have gained popularity, allowing investors to generate income through both residential sales and the rental market.
In my experience, savvy investors are keen on buying homes with potential for renovation or subdivision. Given the growing demand for rental properties in the area, these types of investment strategies could yield substantial long-term benefits. If you’re an investor, focusing on family properties, particularly near schools or public transport, could provide stable rental returns and future appreciation.
Capital Growth in Curlewis
Over the past 5-10 years, Curlewis has seen consistent capital growth, with average annual increases between 4% and 6%. This trajectory suggests that properties in the suburb are steadily appreciating, and for new investors or those willing to hold onto their properties for the long term, it spells a lucrative opportunity.
Experts predict that ongoing infrastructure improvements, such as road upgrades and enhanced public transport links, will continue to impact capital growth positively. Future population growth and continued investment in the area will further bolster market demand and potentially push property values higher. There’s little doubt that Curlewis is offering growth and will continue to be a strong performer in the years to come.
Property Types in Curlewis
Curlewis has a strong offering of property types, catering to a diverse audience. Buyers can choose from:
- Modern family homes: Perfect for families seeking space and proximity to schools.
- Renovator’s delights: Ideal for buyers looking to add value through renovations.
- Townhouses and apartments: Low-maintenance options for young professionals and retirees.
- Investment properties: Properties with subdivision or dual-occupancy potential.
For families, homes with larger land sizes and proximity to local schools and parks have become hot commodities, while young professionals and downsizers tend towards modern townhouses and apartments equipped with the latest amenities.
Key Real Estate Statistics for Curlewis
| Statistic | Houses | Units |
|---|---|---|
| Median Property Price | $750,000 | $550,000 |
| Annual Capital Growth (5 yr) | 4.5% | 5.1% |
| Median Weekly Rent | $480 | $370 |
| Gross Rental Yield | 3.5% | 4.2% |
| Number of Sales (12 months) | 75 | 20 |
| Average Days on Market | 38 | 42 |
| Population | 3,400 |
Data Source: REA Group
Buyer and Investor Demographics
Curlewis continues to attract a broad demographic of buyers. Here’s a breakdown of the typical profiles:
- Young Professionals: They’re drawn to apartments or townhouses, often seeking modern living spaces with easy maintenance.
- Families: With several good schools and recreational spots, families are looking for homes with larger yards and proximity to green spaces.
- Investors: Mainly attracted by capital growth prospects and strong rental demand, focusing on higher-yield properties.
- Retirees: Low-maintenance, single-storey houses or apartments near amenities appeal to retirees.
Local Amenities and Lifestyle Appeal
Curlewis doesn’t just offer property perks—it’s a lifestyle choice, too. This growing suburb boasts easy access to the coast, fantastic wineries, and recreation spots, all while being a stone’s throw from Geelong. For families, Curlewis Primary School and surrounding secondary colleges provide excellent educational options. There’s no shortage of open spaces, with Curlewis Golf Course and Lake Lorne Reserve nearby.
For those commuting into Geelong or Melbourne, Curlewis offers convenient access to the Portarlington Road and reliable public transport services. It’s easy to see why a range of buyers are attracted to this coastal gem.
Tips for Buyers and Investors in Curlewis
Here are some practical tips if you’re considering buying or investing in Curlewis:
- Prioritise rental yield potential: Look for properties that are close to local amenities, as they are likely to attract long-term tenants.
- Buy near infrastructure developments: Future transport upgrades or retail developments can help ensure capital appreciation.
- Focus on family-friendly properties: Larger homes with backyards and close proximity to schools are popular rental targets.
- Consider climate-friendly designs: Properties with features such as elevated structures (to capture coastal breezes) or energy-efficient designs will appeal to buyers in this region.
Conclusion
Curlewis stands out as a suburb full of promise. Its combination of affordability, lifestyle appeal, and capital growth make it a great option for homebuyers and investors alike. Whether you’re drawn by its scenic coastal views, family-friendly environment, or upward real estate trajectory, this growing suburb is teeming with opportunities.
So, the question remains: Is Curlewis the right place for your next property investment?
