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Investment Property Belmont, VIC, 3216

Suburb Snapshot

Belmont is a suburb in the Greater Geelong Region of Victoria. Belmont has a population of 14,051 people and 29.03% of its occupants live in rental accommodation. The median listing price for houses is $660,000 and this has changed -2.23% over the past year and changed -4.35% over 2 years.

The median rent in Belmont for houses is $480 per week and the median rental yield is 3.78%. Stock on the market for houses/townhouses has changed -25.51% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $460,000 and this has changed -1.92% over the past year. The average unit takes 81 days to sell and the median rent for a unit in Belmont is $420 per week, producing a rental yield of 4.74%.

Supply & Demand in Belmont, Greater Geelong

0.86%

Current vacancy rate


70

Rental stock available


14,051

Population


29.03%

Rental population


0.89%

Current vacancy rate


1,311

Rental stock available


233,426

Population


23.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Belmont, Greater Geelong

  House Townhouses Units
Median listing price $660,000 $649,000 $460,000
Median price change - last quarter -2.80% 0.00% 0.21%
Median price change - 1 year -2.23% 3.84% -1.92%
Median price change - 2 years -4.35% 3.01% -1.92%
  House Townhouses Units
Median weekly rent $480 $520 $420
Median yield % 3.78% 4.16% 4.74%
Median rent change - 1 year 2.12% 4.00% 5.00%
  House Units
Previous month sales 23 2
Stock on market previous month 73 21
Stock variance vs. last year -25.51% -4.55%
Average days on market 66 81

Belmont investment property listings

Showing 3 of 3 investment properties found in Belmont on realestateinvestar.com.au

8 Glenys Ct, BELMONT

$750,000

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House

VIC 3216


12 Rigo St, BELMONT

$745,000

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2

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2

House

VIC 3216


9/61 Bailey St, BELMONT

$549,000

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Townhouse

VIC 3216


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