As one of Greater Geelong’s most accessible growth markets, Corio offers a compelling balance of affordability and connectivity. 

Located less than 10km north of Geelong’s CBD and about an hour’s drive from Melbourne’s CBD, the growing suburb of Corio has caught buyers' eyes thanks to its city proximity at a more attainable price point. 

The area’s median house price currently sits at $547,000 according to realestate.com.au data, boasting a compound annual growth rate of 11.6 per cent. Compared to Geelong’s median price of $921,000, it’s easy to see why the suburb is finding favour with owner-occupiers and investors alike. 

And with Greater Geelong’s job growth averaging 4.5 per cent per year over the past five years, demand for new housing in the region is set to continue soaring.

The north Geelong suburb of Corio is growing rapidly and increasing in value.

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Geelong’s newest community 

Somerley in Corio is the latest development by Cedar Woods Properties, a national developer focussing on residential communities and commercial developments.  

Established in Perth in 1987, Cedar Woods has established a reputation for creating dynamic communities that meet the evolving needs of customers.  

From urban subdivisions, medium to high-density apartments and townhomes, to retail and commercial developments, Cedar Woods is known for its commitment to quality and for creating vibrant communities where people live, work and thrive. 

Cedar Woods has partnered with Geelong designers IvyStreet to craft the Somerley brand identity, ensuring the development reflects a strong sense of place that locals and new residents can be proud of. 

“The team at Cedar Woods is excited to introduce Somerley to the Corio and Greater Geelong community,” says Cedar Woods Victorian state manager James Bovell. 

“We were inspired by the region’s strong momentum, its economic confidence and the potential we see in Geelong’s north.”

Somerley by Cedar Woods is a community making the most of the Geelong area's significant growth.

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Neighbourhood connection and lifestyle appeal 

Somerley has been designed to feel connected from day one, with green spaces, local amenities and a strong sense of community at its core.  

At the heart of the community, the planned Central Park will offer shaded picnic areas, open lawns and a welcoming space for neighbours to come together, reinforcing Somerley’s place-led vision.  

Walkable streets, open spaces and thoughtful design elements are intended to support everyday connection and long-term liveability. 

Strong transport links via the Princes Freeway (about 1.2km from the estate), proximity to Avalon Airport and access to Corio Railway Station ensure residents are well connected.  

With local schools, shopping and essential services already established nearby, Somerley offers a balanced lifestyle with easy access to Geelong, Melbourne and the Surf Coast. 

Somerley is also located conveniently close to major employment hubs across Geelong’s north, including industrial, logistics, and manufacturing precincts in Corio, as well as Avalon Airport.  

In addition, residents can access jobs in central Geelong across health, education, retail, and professional services, while strong road connections to Melbourne further expand employment options.

Open green spaces and local amenities are built into Somerley's community-minded masterplan.

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Options for every budget

Once complete, Somerley will comprise approximately 400 lots.

The development will focus on predominantly three- and four-bedroom homes, making it well suited to young families and buyers entering the market.

The initial releases will offer lots from 178sqm to 393sqm, along with flexible builder options — making it easier for buyers to find a home or investment property that fits their lifestyle and budget.

Somerley’s entry-level price point gives buyers an opportunity to enter the Geelong market without sacrificing access to established infrastructure.  

Mr Bovell says Somerley is an ideal choice for first-home buyers, families, and downsizers seeking a practical, sustainable lifestyle. 

“Somerley is designed to deliver a community with a strong sense of belonging, supported by access to quality education, employment opportunities and recreation,” he comments. 

“Our focus is on creating the foundations for residents to build long, fulfilling lives here.” 

The first land release is anticipated in March 2026, with future releases staged progressively to support the growth of the community.  

Detailed pricing for Somerley lots will be released in March 2026. House and land packages, including three-bedroom homes, are expected to start from around $500,000.