SOLD
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Sold on 23 Feb 2024 for $2,060,000

5 Walter Street
Belmont NSW 2280

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 456m2
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Property Details for 5 Walter St, Belmont

5 Walter St, Belmont is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 456m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Land Size
456m2
Local Government
Lake Macquarie
Lot/Plan
41/DP499740

Last Listing description (February 2024)

Presenting a once-in-a-lifetime opportunity, this four-bedroom, two bathroom home is now on the market for the first time since 1979, and its cherished legacy of 45 years is evident. Poised at the waterfront of Belmont Bay, adjacent to public reserve, and mere footsteps from the town centre, the location is nothing short of extraordinary. Immerse yourself in the enchanting ambiance as you enjoy breakfast in the company of swans at the lake's edge, followed by the convenience of launching your kayak or paddleboard right from your own backyard – an unparalleled experience awaiting this home's fortunate new owner. The sunsets over the water are also nothing short of magical here. Perched on a 456sqm block, you can move in and immediately enjoy this home's well-loved charm while planning some modern upgrades, or why not draw inspiration from neighbouring residences and plan a rebuild that truly befits this property's coveted blue-chip location (STCA).

- Absolute waterfront dual storey family home on 456sqm block with Mixed Use zoning
- Approximate block dimensions of 10.06m / 10.53m X 46.634m / 44.196m

- Set back from the street for privacy, introduced by three car garage
- Air-conditioned lounge and dining plus north facing sunroom opens to lake
- Modern kitchen/casual meals featuring gas cooktop, wall oven and dishwasher
- Four bedrooms and main bathroom upstairs, two open to lakefront sunroom and balcony
- Second full size bathroom, study nook and laundry on ground floor
- Just 170m from Belmont Wharf, potential to build your own jetty (STCA)
- 1200m – Belmont Public School, 2km – Belmont High, 2.8km - Belmont Christian College
- 350m to Belmont Citi shopping and town centre, 30mins to Newcastle CBD
- All building work subject to approval from Lake Macquarie Council

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 5 Walter St, Belmont, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$2,060,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $2,060,000
  • 31 Jan 2024
    Listed for Sale $2,060,000
  • 03 Feb 1981
    Sold for $90,000

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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 4,114 properties. Over the last 5 years, Houses in Belmont have seen a 68.35% increase in median value, while Units have seen a 21.32% increase. As at 31 July 2024:

  • The median value for Houses in Belmont is $877,545 while the median value for Units is $581,793.
  • Houses have a median rent of $600 while Units have a median rent of $468.
There are currently 42 properties listed for sale, and 7 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Belmont.

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George Rafty
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Marina Sykiotis
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.