Breakwater, VIC 3219
Breakwater property market
Breakwater is a mixed market — house sales lead, but only narrowly, with 27 sales at around $569.5k (up) as of July 2026, taking about 11 days to sell (down a lot from 70 days last year), among the country's most in-demand house markets, with 3-bedroom the most common at around 85%.
House rentals are close behind, with 23 leases at $460 a week, renting out in about 27 days, less sought-after than most house rental markets. Followed by 13 unit rentals at $445 a week and 10 unit sales at around $540k.
Who lives hereA low-income, renter-heavy, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Breakwater demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Breakwater?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Breakwater
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Breakwater
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.6× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Breakwater
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Breakwater
No school inside Breakwater itself — the closest options around it are shown. Families can choose from 70 primary schools in Breakwater and its surrounds, and 26 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Nearby · within 5 km · 90Order by
- 1Belmont High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Belmont · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 2The Geelong CollegeIndependent · Combined · Co-ed · Years Prep-12 · Newtown · 4.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 3Sacred Heart CollegeCatholic · Secondary · Co-ed · Years 7-12 · Newtown · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 4Geelong Lutheran CollegeIndependent · Combined · Co-ed · Years Prep-12 · Armstrong Creek · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 5Kardinia International CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bell Post Hill · 4.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 6Geelong Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Corio · 4.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 7Belmont Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 8Chilwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 9St Robert's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Newtown · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 10Clairvaux Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Belmont · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 11Nazareth SchoolCatholic · Primary · Co-ed · Years Prep-6 · Grovedale · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 12Bellaire Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 13Newtown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 14Fyans Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 15Highton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 16Montpellier Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 17St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Geelong West · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 18Covenant CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bell Post Hill · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 19Torquay Coast Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Torquay · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 20Lisieux Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Torquay · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual1%ICSEA Rank50th
- 21Barwon Heads Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Barwon Heads · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 22Ocean Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ocean Grove · 4.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students388Multilingual50%ICSEA Rank50th
- 23Geelong East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Geelong East · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 24MacKillop Specialist SchoolCatholic · Special · Co-ed · Years Prep-12 · Whittington · 4.8 kmState Rank—English—Maths—Students388Multilingual1%ICSEA Rank50th
- 25Tate Street Primary School GeelongGovernment · Primary · Co-ed · Years Prep-6 · Geelong East · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 26St Margaret's SchoolCatholic · Primary · Co-ed · Years Prep-6 · East Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 27Whittington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Whittington · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 28Newcomb Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Newcomb · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 29Christ the King SchoolCatholic · Primary · Co-ed · Years Prep-6 · Newcomb · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 30Newcomb Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newcomb · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 31Oberon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 32Geelong South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 33Grovedale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 34Geelong High SchoolGovernment · Secondary · Co-ed · Years 7-12 · East Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 35St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 36Geelong English Language SchoolGovernment · Combined · Co-ed · Years Prep-10 · Belmont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 37Wangala Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 38Roslyn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 39Matthew Flinders Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 40Barwon Valley SchoolGovernment · Special · Co-ed · Years U · Belmont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 41Moolap Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moolap · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 42Mandama Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 43Iona College GeelongCatholic · Secondary · Co-ed · Years 7-12 · Charlemont · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 44St Joseph's College GeelongCatholic · Secondary · Co-ed · Years 7-12 · Newtown · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 45Grovedale West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 46Ashby Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Geelong West · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 47Christian College GeelongIndependent · Combined · Co-ed · Years Prep-12 · Highton · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 48Grovedale CollegeGovernment · Secondary · Co-ed · Years 7-12 · Grovedale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 49Oberon High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Armstrong Creek · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 50Armstrong Creek SchoolGovernment · Combined · Co-ed · Years U, Prep-6 · Armstrong Creek · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 51Manifold Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Manifold Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 52Holy Spirit Parish SchoolCatholic · Primary · Co-ed · Years Prep-6 · Manifold Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 53Mirripoa Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Duneed · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 54Herne Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hamlyn Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 55St Catherine of Siena Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Armstrong Creek · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 56Clonard CollegeCatholic · Secondary · Co-ed · Years 7-12 · Herne Hill · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 57Hamlyn Views SchoolGovernment · Special · Co-ed · Years U · Hamlyn Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 58Western Heights Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Hamlyn Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 59Woodline PrimaryIndependent · Primary · Co-ed · Years Prep-6 · Ceres · 4.8 kmState Rank—English—Maths—Students388Multilingual1%ICSEA Rank50th
- 60Nelson Park SchoolGovernment · Special · Co-ed · Years U · Bell Park · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 61Leopold Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Leopold · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 62Hamlyn Banks Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hamlyn Heights · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 63North Geelong Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · North Geelong · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 64Holy Family SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bell Park · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 65Mount Duneed Regional Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Duneed · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 66Bell Park North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bell Park · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 67Ceres Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ceres · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 68Rollins Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bell Post Hill · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 69St Thomas Aquinas SchoolCatholic · Primary · Co-ed · Years Prep-6 · Norlane · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 70Northern Bay P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Corio · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 71St Francis Xavier SchoolCatholic · Primary · Co-ed · Years Prep-6 · Corio · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 72Wallington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wallington · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 73Freshwater Creek Steiner SchoolIndependent · Primary · Co-ed · Years Prep-6 · Freshwater Creek · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 74Geelong Baptist CollegeIndependent · Combined · Co-ed · Years Prep-12 · Lovely Banks · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 75Surf Coast Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Torquay · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 76Clifton Springs Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Springs · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 77St Thomas Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Drysdale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 78Bellarine Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Drysdale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 79Saint Ignatius College GeelongCatholic · Secondary · Co-ed · Years 7-12 · Drysdale · 4.8 kmState Rank—English—Maths—Students388Multilingual1%ICSEA Rank50th
- 80St Therese SchoolCatholic · Primary · Co-ed · Years Prep-6 · Torquay · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 81Torquay P-6 CollegeGovernment · Primary · Co-ed · Years Prep-6 · Torquay · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 82Lara Lake Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lara Lake · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 83Our Lady Star of the Sea SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ocean Grove · 4.8 kmState Rank—English—Maths—Students388Multilingual1%ICSEA Rank50th
- 84Surfside Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ocean Grove · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 85Drysdale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Drysdale · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 86Lara Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Lara · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 87St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lara · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 88Moriac Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moriac · 4.8 kmState Rank—English—Maths—Students388Multilingual1%ICSEA Rank50th
- 89Lara Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lara · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
- 90Bellbrae Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bellbrae · 4.8 kmState Rank—English—Maths—Students388Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Breakwater median house price & rent
Headline price, rent, yield and time on market for Breakwater — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Breakwater property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Breakwater
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Breakwater against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Breakwater in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Breakwater — Units & Houses, all bedrooms
Breakwater median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Breakwater rose from $358k (Jul 2021) to $370k (Jun 2026) — +3.6% growth over five years — peaking at $520k between May 2021 and Apr 2022. Median house rent went from $258/wk to $411/wk (+59.3%) over the same period. For units, the median sale price rose from $182k to $464k (+154.1%), with rent down from $260/wk to $230/wk (−11.5%) over the same period.
Suburbs near Breakwater: prices compared
The nearest suburbs to Breakwater, ranked by distance — each lined up against Breakwater on the same measures, so the differences jump out at a glance.
Suburbs like Breakwater
Suburbs anywhere in VIC that behave like Breakwater — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Breakwater vs White Hills: the closest sales-market match trades at a near-identical median of $439k against Breakwater's $439k, with homes selling in 8 days versus 24 days here.
Comparable sales markets to Breakwater: White Hills, VIC property market, Whittington property market, Newcomb property growth, Corio median house price and Marshall, VIC property market.
Breakwater's closest rental-market twins: Whittington property market, Marshall median house price, Newcomb property growth, Corio median house price and White Hills median house price. Each link opens that suburb's full market report.
Frequently asked · Breakwater
26 data-driven answers about Breakwater's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Breakwater?
#The median house price in Breakwater, VIC 3219 is $439k as of June 2026, based on 6 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Breakwater?
#The median unit price in Breakwater, VIC 3219 is $439k as of June 2026, based on 6 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Breakwater?
#The median weekly house rent in Breakwater is $266 as of June 2026, drawn from 5 leases over the past 12 months. Units rent for around $266 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Breakwater?
#A 3 bedroom house in Breakwater rents for a median $266 per week as of June 2026, drawn from 5 leases over the past 12 months. Unit rents: 2-bedroom $266/week, 3-bedroom $266/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Breakwater?
#Gross rental yield in Breakwater is 3.96% for houses and 3.96% for units as of June 2026, compared with the VIC unit median of 4.65%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Breakwater?
#As of June 2026, Breakwater medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $439k | $439k | — | $439k |
| Units | — | $439k | $439k | — | $439k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Breakwater median?
#At the median Breakwater house ($439k purchase, $266/week rent), weekly mortgage repayments sit at roughly $444 — about $178 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Breakwater's property market trends?
#Breakwater's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 24 days — faster than a year ago by 39; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Breakwater market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Breakwater as an investment?
#As of June 2026 in Breakwater, house prices rose +50.0% over the year, gross rental yield is 3.96% against a VIC median of 3.38%, houses take a median 24 days to sell, sales supply is 1.1 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Breakwater?
#Houses in Breakwater sell in a median 24 days on market as of June 2026, with units clearing slightly similarly at 24 days. Days on market have tightened by 39 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Breakwater a tight or loose property market right now?
#Breakwater's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Breakwater gone up or down?
#House prices in Breakwater moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Breakwater?
#Breakwater's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 11 houses leased over the past 12 months. Units sit at 0.7 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Breakwater in its property market cycle?
#Breakwater's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Breakwater compare to other VIC suburbs?
#Breakwater's median house price ($439k) is 24% below the VIC median ($577k) as of June 2026. On selling speed, houses clear in 24 days vs 18 days state median. On gross yield, Breakwater sits at 3.96% vs 3.38% state median.
How does Breakwater compare to neighbouring suburbs?
#Breakwater's most-similar nearby market is White Hills (133.7 km away) with a median house price of $439k — about 0% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Breakwater?
#The most-transacted segment in Breakwater over the 12 months to June 2026 is 2 bed houses with 8 sales. 3 bed houses come second at 8 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Breakwater last year?
#Breakwater recorded 8 house sales and 8 unit sales over the 12 months to June 2026 — a combined 16 transactions. On the rental side, 11 houses and 11 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Breakwater in?
#Breakwater is in postcode 3219, in the Geelong region of VIC. Addresses there are written as Breakwater, VIC 3219.
What is the population of Breakwater?
#Breakwater, VIC 3219 is home to 534 residents (ABS Census 2021). The median resident age is 26, and the average household holds 1.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Breakwater?
#The median household in Breakwater earns $809 per week — roughly $42k a year (ABS Census 2021). Median personal income runs $501/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Breakwater?
#The unemployment rate in Breakwater is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Breakwater?
#Breakwater is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Breakwater?
#Breakwater has 90 schools within reach — including Geelong East Primary School, MacKillop Specialist School, Tate Street Primary School Geelong. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Breakwater a good place to live?
#Breakwater, VIC 3219 has a population of 534, a median age of 26, a median household income around $809/week, 50% of households renting (ABS Census 2021). There are 90 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Breakwater market data last updated?
#This Breakwater market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.