North Shore - industrial bayside mini minor
Eight streets. That’s the sum total of North Shore, a rather intriguing little enclave. It ticks so many boxes, yet it’s fair to say that North Shore is yet to realise its true potential as a high demand, high price, waterfront heavy weight.
Let’s start with those southern views overlooking Corio Bay to Geelong’s Waterfront; Deakin University’s red bricks by day and the twinkling lights of town by night. Next up is a dedicated train station offering direct Melbourne access in just over an hour.
It has a sweet little park and open green space overlooking Corio Bay. These attributes drive plenty of property speculators banking on subdivisions and new builds to drive decent returns. But the tiny spread of market data is difficult to analyse in any meaningful way, other than to proffer the usual warnings on overcapitalising.
Proximity to Geelong’s Port, or more likely the Incitec fertilizer plant, may be the handbrake on appeal for some. The latter is largely a blending, storage and dispatch facility. But it’s industrial activity nonetheless.
For those pioneers happy taking a punt, enjoy waterfront townhouses and remaining original family homes on decent blocks at bargain basement prices.
Schooling options are available in neighbouring Norlane, North Geelong and Corio or further afield if you choose.