What is the average mortgage repayment in Geelong?

On the Geelong median dwelling value ($720,000) with a 20% deposit and a 30-year loan at 6.14%, the monthly repayment is around $3,505.

How much deposit do I need to buy in Geelong?

A 20% deposit on the Geelong median is $144,000. Buyers entering with 5–10% can use the federal Home Guarantee Scheme to avoid LMI, subject to caps.

Are mortgage rates different in Geelong vs the rest of Australia?

Lender rates are set nationally, not by city. However loan size, LVR, and VIC-specific incentives can change your effective cost in Geelong.

Geelong mortgage guide 2026: repayments, deposits & VIC rules

2026 Geelong mortgage guide: repayments on the $720,000 median, VIC stamp duty, LMI and grants. Free Geelong mortgage calculator. Updated for current Australia