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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 -1.35% 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 -13.98% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $459,000 and this has changed -2.14% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Belmont is $420 per week, producing a rental yield of 4.75%.

Supply & Demand in Belmont, Greater Geelong

1.07%

Current vacancy rate


87

Rental stock available


14,051

Population


29.03%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

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 $649,500 $459,000
Median price change - last quarter -2.80% 0.00% 0.21%
Median price change - 1 year -1.35% 4.92% -2.14%
Median price change - 2 years -4.35% 1.48% -2.14%
  House Townhouses Units
Median weekly rent $480 $520 $420
Median yield % 3.78% 4.16% 4.75%
Median rent change - 1 year 2.12% 4.00% 5.00%
  House Units
Previous month sales 19 2
Stock on market previous month 80 19
Stock variance vs. last year -13.98% -26.92%
Average days on market 66 83

Belmont investment property listings

Showing 2 of 2 investment properties found in Belmont on realestateinvestar.com.au

11 Summit Ave, Belmont

$595,000

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Low-Maintenance Living in Prime Belmont Location

Perfectly positioned in a highly sought-after pocket of Belmont, this updated home offers unbeatable convenience, just minutes to local schools, shopping precincts, sporting reserves, and only 10 minutes to Geelong CBD. Easy access to the Melbourne Ring Road and nearby train stations makes ...

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House

VIC 3216


1/59 Mt Pleasant Rd, Belmont

$399,000

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Charm and Potential for Lifestyle or Investment

Superbly positioned a short stroll from Belmont's vibrant High Street strip, this conveniently located home retains its original charm, with further potential to update, modernise and add value. Designed for low maintenance living, this is an exceptional opportunity for first home buyers, ...

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Unit

VIC 3216


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