Town snapshot – Marshall

THE size of Marshall is approximately 2.3sqkm and has eight parks covering nearly 12.2 per cent of total area.

The population of Marshall in 2016 was 1,899 and by the 2021 Census the population was recorded at 2,299 showing a population growth of 21 per cent in the area during that time.

Previously called Marshalltown, Marshall is an industrial and residential suburb 5km south of Geelong neighbouring Breakwater and was included in that area before gaining a separate name.

The Breakwater area was used for tanneries, fellmongeries and animal by-product industries. Many of them were located there to take advantage of the saltwater Barwon River, south of the artificial breakwater that was built in 1837.

By the mid-1850s, Thomas Marshall, a Geelong wool merchant, established a wool scouring works near the breakwater, and the place was named after him.

In the 1850s, Marshall and areas to its south were covered with wattle, a source of wattle bark for tanneries.

In 1877 the railway line from Colac to Geelong was opened.

By the early 1900s, Marshall had a small industrial township with a school, hotel, post office and an Anglican church.

In 2012 more intensive residential development in Marshall was flagged by the Armstrong Creek development plan

CoreLogic data indicates that the predominant age group in Marshall is 30- 39 years with households in Marshall being primarily childless couples and are likely to be repaying on average $1,600 per month on mortgage repayments, and in general, people in Marshall work in a professional occupation.

AGENT PERSPECTIVE:

“Marshall continues to be such a dominate force in the local marketplace as it offers the best of all worlds, with the Geelong CBD only a 10 minute drive away, Waurn Ponds Shopping Centre and all the facilities within the 3217 growth corridor.

“It ticks a majority of boxes for both growing family, downsizers and investors.

“We are currently selling the property at 45 Macfarlane Street, which boasts a spacious family home, side access for multiple cars and an enviable outdoor entertaining space with room for the whole family.

“We also have 24 Drews Road just launched, which offers the perfect entry level for first home buyers or investors alike.

“Geographically only a small area, but packs a punch with local buyers.”

Michaela Miller – Geelong Real Estate Co

TIDBIT:

There was a line to Geelong racecourse from 1879 until 1906, when racing moved to north of the river at Breakwater.

Population: 2,300

Male: 44.6%

Female: 55.4%

Median age: 43

5 year population change: 21%

House median sales price: $630,000

Change in median price: (5yrs) 23.6%

Median asking rent per week: $495

Average length of ownership: 10 years

Owner occupiers: 74%

Renters: 26%

House median value:

December 2024: $623,500

December 2023: $637,000

December 2022: $664,000

December 2021: $686,000

December 2020: $532,800

House sales per annum:

Period ending December 2024: 29

Period ending December 2023: 32

Land median sale price:

December 2024: N/A

December 2023: N/A

Land sales per annum:

Period ending December 2024: 1

Period ending December 2023: 0