Breakwater

VIC 3219

Breakwater is a residential and industrial suburb of Geelong in the City of Greater Geelong, about 66 kilometres from the Melbourne CBD. It sits on the Barwon River, south-south-east of the Geelong central business district, and is home to the Geelong Racing Club, Geelong Racecourse and Geelong Showgrounds. Leather Street is an estate-style industrial spine for the suburb.

Breakwater is an industrial and distribution precinct centred on warehouses and factories. The buildings suit storage, trade and production uses, with the suburb's industrial setting separated from the nearby residential areas. The surrounding commercial context includes Belmont, South Geelong and Grovedale.

14

Active lease listings

commercial properties

$58,500

Median annual rent

asking rent across all listings

70

Median days on market

across all active listings

Lease rate trend

$167/m² p.a.

Median advertised rate

Up 2.8%

Change over 12 months

$151202420252026$174$127May 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Breakwater. Drill down to individual listings in MarketBuddy

Listings by sector

13

Industrial, Warehouse and Factories

active lease listings

1

Retail and Shops

active lease listing

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Last updated 5 September 2026