Curlewis, VIC, a hidden gem on the Bellarine Peninsula, is quickly gaining momentum in Victoria’s real estate market. Known for its relaxed coastal charm and proximity to the bustling town of Geelong, Curlewis is attracting a wide range of buyers—from families seeking a sea change to investors looking for promising returns. With housing prices still relatively affordable compared to larger regional hubs, the suburb has become a hotspot for those looking to balance lifestyle with potential capital growth.
In my experience, properties in Curlewis offer an excellent blend of affordability and growth potential, making it a suburb that’s hard to ignore if you’re serious about property investment or finding your next home. Whether you’re enticed by family-friendly neighbourhoods or looking to diversify your investment portfolio, Curlewis has a diverse range of offerings to suit varying needs.
Real Estate Market in Curlewis
The Curlewis real estate market has been heating up. Over the past few years, buyer demand has been steadily increasing, particularly as more Australians search for thriving suburban and coastal areas outside of Melbourne but within driving distance. Proximity to Geelong, less than 20 kilometres away, adds to Curlewis’s appeal. Geelong’s robust employment market, growing health and education sectors, and retail amenities have all contributed to a spill-over effect, with buyers turning their attention to nearby Curlewis.
As more families and young professionals move west for a coastal lifestyle without the steep Melbourne property prices, Curlewis has seen increased competition among buyers. Properties are often snapped up quickly, and there’s been noticeable price growth, which signals a healthy and robust market.
From a property investor perspective, rental demand in Curlewis has remained strong. The influx of renters interested in beachside living in a convenient location means rental yields here are reliably solid, making it an attractive spot for both cash flow and potential appreciation.
In my view, Curlewis’s market trajectory shows promise for long-term capital growth, supported by local infrastructure projects and the ongoing development on the Bellarine Peninsula.
Property Prices in Curlewis
One of the most appealing aspects of Curlewis is its relatively affordable housing market when compared to other nearby coastal regions. As of 2023, the average house price in Curlewis is approximately $650,000, compared to nearby suburbs like Ocean Grove, where friends of mine have noticed the average taking a sharp rise closer to $890,000.
Units in Curlewis are even more affordable, with prices between $400,000 to $450,000 on average, making them great options for those wanting to break into the market without the heavier expenses associated with Melbourne.
Interestingly, properties have a reliable appreciation track record. Over the past five years, Curlewis’s house market has seen a growth rate of 4.5% per annum, which is comparable to many surrounding suburbs but generally comes at a lower starting price point. Given this historical growth and considering upcoming local developments—such as investment into local amenities and infrastructure—further price increases seem likely.
Real Estate Agents in Curlewis
Choosing the right real estate agent in Curlewis can make all the difference in securing a favourable deal, whether you’re buying, selling, or investing. Here are three well-regarded agents in the area:
- Bellarine Property (Link): Known for their deep knowledge of the Bellarine Peninsula, they have a good reputation for assisting both residential buyers and investors. They are particularly skilled at marketing family homes.
- Hayden Real Estate (Link): This agency is well-known for its high-profile sales and extensive market reports, making it the ideal choice for investors looking for detailed market insights and opportunities.
- RT Edgar Bellarine (Link): Recognized for handling prestige properties, they cater to buyers interested in luxury homes or more exclusive options along the peninsula.
Each of these agents brings something different to the table, but all are trusted in the Curlewis market and can guide you through the intricacies of local property transactions.
Rental Prices in Curlewis
Curlewis has become increasingly attractive to renters, particularly due to its idyllic coastal lifestyle and easy access to Geelong and Melbourne. The median rent for houses sits around $450 per week, offering attractive rental returns for investors. Units tend to rent for closer to $350 per week, depending on features such as proximity to public transport, modern fittings, and views.
Rental yields in Curlewis remain healthy. For houses, investors can expect a yield of around 3.6%, while units exhibit a higher average yield of 4.2%, making them quite competitive as investment options. The steady demand for rental properties ensures that investors can expect minimal vacancy periods, contributing to solid and stable returns.
Houses for Sale in Curlewis
Houses in Curlewis offer a diverse range of styles, meeting the needs of various buyers. From modern, spacious four-bedroom family homes with large gardens to charming coastal cottages, there’s something for everyone. Most properties feature contemporary amenities with open living areas, alfresco dining spaces, and larger plots than you might find in Melbourne suburbs.
The average price bracket for houses ranges from $600,000 to $800,000 for a three to four-bedroom home, with more upscale properties reaching up to $1 million or more, depending on the location and proximity to the water.
Families are particularly drawn to the new land developments in the area, where there’s still an opportunity to build custom homes with ample yard space—a rarity in many suburban areas closer to Melbourne.
Apartments in Curlewis
While houses dominate the landscape, the apartment market in Curlewis has also started to take shape, albeit smaller in scale compared to inner-City suburbs. The apartments here are predominantly low-rise developments, often offering modern facilities, including gyms, pools, and secure parking.
First-time buyers and young professionals are typically drawn to these types of apartments because of their low-maintenance appeal, affordability, and proximity to amenities. Prices for apartments are competitive, hovering around $400,000 for a two-bedroom unit, making them an inviting prospect for buyers entering the property market.
Investment Properties in Curlewis
Curlewis serves as a fertile ground for property investors, particularly those looking for a combination of rental yield and capital growth potential. The strong rental demand coupled with historically low vacancy rates has made it an area worth considering for both long-term leases and holiday rental options.
In my view, properties located close to the water or in newer developments with modern finishes hold the most promise. These properties tend to attract both long-term renters and tourists, meaning they can potentially serve double duty—either as a steady rental income source or as a holiday property.
Capital Growth in Curlewis
The potential for capital growth in Curlewis has maintained a consistent upward trend. Curlewis has shown a 5-year average capital growth of 3.5%, which is competitive compared to other Victorian coastal regions.
One of the key drivers of capital growth here is the local council’s push to develop better infrastructure and services on the Bellarine Peninsula. New retail developments, improved transport links to Melbourne via ferry services, and upgrades to local amenities like schools and medical centres are all likely to play a role in supporting continued growth.
In my experience, future capital growth in Curlewis looks strong, particularly for those able to hold onto properties for the next 5 to 10 years.
Property Types in Curlewis
When it comes to choice, Curlewis has a diverse real estate landscape. Some popular property styles include:
- Modern Family Homes: Located in new residential developments, often with large outdoor spaces.
- Coastal Cottages: Close to the water, these properties boast traditional features and are often sought by both buyers and renters alike.
- Low-Rise Apartments: Offering convenient, low-maintenance living, ideal for young professionals or retirees.
The architectural diversity attracts various buyer profiles. While families may be drawn to newer, larger homes, downsizers and retirees appreciate the low-maintenance aspects of townhouses and apartments.
Key Real Estate Statistics in Curlewis
| Statistic | Value |
|---|---|
| Median House Price | $650,000 |
| Median Unit Price | $420,000 |
| 5-Year Average Capital Growth | 3.5% |
| Median Weekly Rent (House) | $450 |
| Median Weekly Rent (Unit) | $350 |
| Gross Rental Yield (House) | 3.6% |
| Gross Rental Yield (Unit) | 4.2% |
| Number of Sales (last 12 months) | 150+ |
| Average Days on Market | 35 |
| Population Growth (annual) | 2% |
Buyer and Investor Demographics
A variety of buyers are keen to secure property in Curlewis:
- Young Professionals: Attracted to low-maintenance, modern apartments and units close to the coast or in new developments.
- Families: Often seek larger homes with multiple bedrooms, proximity to schools, parks, and family-friendly neighbourhoods.
- Investors: The stable rental market makes Curlewis appealing for savvy investors looking for both steady cash flow and long-term equity growth.
- Retirees: Often looking for smaller, manageable homes near local amenities or medical services, typically focused around newer apartment units or single-level homes.
Market Trends and Investment Potential
Recent market trends indicate that Curlewis is set to continue growing as a popular residential hub. With robust infrastructure development planned, new retail areas emerging, and rental demand increasing due to its proximity to Geelong, this suburb presents a real opportunity for investors. Steady capital growth and lucrative rental yields are also contributing to the rising interest from both local and interstate buyers.
One unique observation I’ve made is the progression of larger family developments, which ensures a continual increase in demand for properties, particularly for owners looking to secure long-term tenants.
Local Amenities and Lifestyle Appeal
One of Curlewis’s major attractions is its lifestyle. A quieter alternative to bigger suburbs but with all conveniences nearby, the suburb offers a lot of appeal. Families have access to top-rated schools like Clifton Springs Primary School and Christian College, while ample green spaces such as Curlewis Park provide settings for outdoor activities.
Transport options are also convenient, with regular bus routes connecting Curlewis to surrounding suburbs and Geelong—a key drawcard for families and young professionals.
The Bellarine Rail Trail offers an excellent scenic route for cyclists and joggers. For those interested in water sports, Curlewis’s proximity to the Bellarine Waterfront provides easy access to fishing, boating, and stand-up paddleboarding.
Tips for Buyers and Investors in Curlewis
- Look for proximity to new infrastructure developments: Properties close to planned amenities tend to appreciate faster.
- Invest in rental properties for steady returns: Curlewis’s strong demand for rentals can provide consistent cash flow with lower vacancy rates.
- Consider capital growth potential: Given existing trends, properties held for 5-10 years are likely to benefit from respectable capital gains.
- Focus on family-friendly features: Homes with large yards and close to parks/schools are among the most sought-after.
- Weather-proof investments: Prioritise homes with good insulation and climate-appropriate features such as wide verandas or elevated designs for coastal winds.
Conclusion
Curlewis, VIC, is brimming with opportunity for those looking to invest in a growing market while enjoying a beachside lifestyle. With its potential for capital growth, robust rental returns, and a thriving local community, this suburb stands out in the Victorian real estate landscape. Whether you’re a family searching for a forever home or an investor looking for a solid portfolio addition, Curlewis offers a little something for everyone.
Is Curlewis the right place for your next property investment?
