171 Yarra Street, Geelong, VIC 3220 | House for sale | OnTheHouse
FOR SALE
$875,000 - $925,000

171 Yarra Street
Geelong VIC 3220

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Land area: 613m2
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Prime Position, Endless Possibilities

Rarely does an opportunity of this calibre present itself in such a coveted Geelong address. Set on approximately 613sqm, this property occupies one of the city's most tightly held and prestigious streets; a genuine blue-chip landholding ready to be transformed into something truly extraordinary.
Positioned just moments from Geelong's vibrant CBD and sparkling waterfront, the convenience on offer here is virtually unrivalled. South Geelong Train Station, St John of God Hospital, Geelong Hospital and the Geelong Botanic Gardens are all within easy walking distance, while Deakin University's waterfront campus, boutique cafes, restaurants and retailers are right at your doorstep.
For those seeking an inner-city lifestyle without compromise, this address delivers in every sense. The existing two-storey residence of approximately 200sqm provides a compelling canvas for those with vision. Downstairs, generous proportions unfold across two substantial living areas; a grand lounge anchored by a fireplace with built-in shelving and a large separate family room, alongside a dedicated kitchen with a meals area, pantry, boot room and powder room.
The staircase rises to the upper level where four bedrooms are well-arranged, including a master bedroom with a built-in robe, split-system air conditioning and a private balcony. A fourth bedroom or study also with balcony access, and further bedrooms serviced by split-system air conditioning. A central bathroom with bathtub, along with a separate laundry, completes the floorplan.
An expansive east-facing rear yard framed by established trees and a brick-paved entertaining area offers genuine depth and privacy, a rare luxury in this inner-city location.
Whether you choose to renovate, rebuild (STCA) or explore development potential (STCA), the fundamentals are undeniable: premium land, a prestige address and an unmatched inner-city lifestyle within arm's reach. Opportunities of this nature in one of Geelong's most sought-after pockets are vanishingly rare and this is a chance that demands attention.
- 613sqm (approx.) landholding
- Existing two-storey residence of approximately 200sqm
- Lounge with open fireplace and built-in shelving
- Separate family room and meals area
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Property Details for 171 Yarra St, Geelong

171 Yarra St, Geelong is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 613m2. The place is currently for sale with McGrath Geelong | Newtown.

Building Type
House
Land Size
613m2
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About Geelong 3220

The size of Geelong is approximately 3.3 square kilometres. There are 17 parks, covering nearly 8.9% of the total area. The population of Geelong in 2016 was 5210 people. By 2021 the population was 5811 showing a population growth of 11.5% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation.In 2021, 53.60% of the homes in Geelong were owner-occupied compared with 54.00% in 2016.

Geelong has 6,478 properties. Over the last 5 years, Houses in Geelong have seen a -0.38% decrease in median value, while Units have seen a -8.14% decrease. As at 31 July 2026:

  • The median value for Houses in Geelong is $880,356 while the median value for Units is $615,981.
  • Houses have a median rent of $593 while Units have a median rent of $520.
There are currently 33 properties listed for sale, and 18 properties listed for rent in Geelong on OnTheHouse. According to Cotality's data, 247 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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Jim Cross
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Nav Hena
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McGrath Geelong | Newtown
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.