116/11 Ernest StreetBelmont NSW 2280
Property Details for 116/11 Ernest St, Belmont
116/11 Ernest St, Belmont is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 4240m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (February 2023)
This modern well-planned apartment is city living at its best! The 2-bedroom home is situated right in the heart of the Belmont CBD and is perfectly positioned mere minutes away to the shores of Lake Macquarie, well known boutique cafes, shops and schools with everything you need right at your doorstep, you wont want to miss this perfect opportunity.
This low maintenance apartment features an open plan kitchen and dining area, complete with electric cooking facilities and reverse cycle air conditioning to aid comfort throughout the entire year. The two sizable rooms are positioned separately, giving the option of privacy if needed whilst both enjoying the beautiful natural light pouring in from the balcony.
The apartment also features a beautiful, shared courtyard filled with herbs and plants, creating the perfect sanctuary to kick back and relax. In addition, with the above, the property also includes secure assigned undercover parking with a storage cage.
An excellent opportunity for a first home buyer or astute investor, with rental returns estimated in the vicinity of $420-$440 per week.
Council Rates: Approx. $840.00 p.a.
Water Rates: Approx. $691.63 p.a.
Strata Levies: Approx. $966.25 p.q.
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries.
Property History for 116/11 Ernest St, Belmont, NSW 2280
- 14 Dec 2022Sold for $500,000
- 25 Nov 2022Listed for Sale Preview
- 04 Feb 2014Sold for $340,000
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About Belmont 2280
The size of Belmont is approximately 10.4 square kilometres. It has 11 parks covering nearly 3.8% of total area. The population of Belmont in 2011 was 6,419 people. By 2016 the population was 7,123 showing a population growth of 11.0% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 65.2% of the homes in Belmont were owner-occupied compared with 66.1% in 2016.
Belmont has 4,081 properties. Over the last 5 years, Houses in Belmont have seen a 64.54% increase in median value, while Units have seen a 36.85% increase. As at 31 October 2024:
- The median value for Houses in Belmont is $873,298 while the median value for Units is $622,618.
- Houses have a median rent of $580 while Units have a median rent of $470.
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