171 Yarra Street, Geelong, Vic 3220

$895,000 - $980,000

House
Type
4
Bedrooms
1
Bathrooms
3
Parkings
613 mΒ²
Area

Published on Wednesday, July 29, 2026 ( See property details for 171 Yarra Street, Geelong, Vic 3220)

$895,000 - $980,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a prestigious inner-city Geelong property with development potential, spacious living, and a prime location just moments from the CBD and waterfront.

🏑 Property Highlights

  • Prime 613sqm landholding in a coveted Geelong address
  • Existing spacious two-storey residence of approximately 200sqm
  • Unrivalled inner-city location close to CBD, waterfront, and amenities
  • Generous living areas including a lounge with fireplace and separate family room
  • Four well-appointed bedrooms, including a master with private balcony
  • Expansive east-facing rear yard with established trees and entertaining area

✨ Key Features

  • Built in robes
  • Balcony
  • Open-Plan Living
  • Fireplace
  • Split-system air conditioning
  • Outdoor Area
  • Pet-Friendly
  • Secure Parking
  • Water tank
  • Brick-paved entertaining area
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171 Yarra Street
Geelong, VIC 3220
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Vertical aerial view β€” 171 Yarra Street
171 Yarra Street — Vertical Aerial  •  Geelong, VIC 3220  •  Nearmap © 2026

Geelong’s most sought-after neighbourhoods offer unparalleled convenience, with proximity to the CBD, waterfront, and major amenities. Residents enjoy a vibrant lifestyle with boutique cafes, restaurants, and parks at their doorstep. The area boasts excellent transport links, including South Geelong Train Station, and is ideal for families and professionals seeking a premium inner-city lifestyle. The community is characterized by its prestigious streets, established trees, and a strong sense of local identity.

What are the development possibilities for this property?
The property offers potential for renovation, rebuilding (STCA), or exploring development opportunities, subject to council approval.
Is the property suitable for families?
Yes, the spacious four-bedroom layout, private yard, and proximity to schools and amenities make it ideal for families.
What are the key features of the existing residence?
The home features a spacious lounge with fireplace, separate family room, kitchen with pantry, master bedroom with balcony, and a central bathroom.
How close is the property to public transport and amenities?
The property is within walking distance to South Geelong Train Station, CBD, waterfront, hospitals, Deakin University, cafes, and retail outlets.
What outdoor features does the property include?
The expansive east-facing rear yard is framed by established trees and includes a brick-paved entertaining area, offering privacy and space for outdoor living.
Are there any existing planning restrictions or zoning regulations that could affect redevelopment or renovation plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any easements, covenants, or other legal restrictions on the land? What are the potential costs associated with renovation or rebuilding, including council approvals? Is there any history of structural issues or defects with the existing residence? Are there any upcoming developments or construction projects nearby that could impact the property’s value or lifestyle? What are the strata or body corporate considerations if applicable? Are there any hidden costs such as council rates, land tax, or maintenance fees? Is the property compliant with all local building codes and regulations? What are the noise levels and neighbour considerations in this area?

171 Yarra Street, Geelong, Vic 3220 - More Details

$895,000 - $980,000

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
- Kitchen with pantry and boot room
- Master bedroom with built-in robe, split system and private balcony
- Fourth bedroom or study with balcony access
- Central bathroom with bathtub
- Expansive east-facing rear yard with established trees
- Brick-paved entertaining area
Type
House
Bedrooms
4
Bathrooms
1
Parkings
3
Area
613 mΒ²

Price guide

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