OFF MARKET

1/107 Settlement Road
Belmont VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 157m2
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Property Details for 1/107 Settlement Rd, Belmont

1/107 Settlement Rd, Belmont is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 157m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
157m2
Local Government
Greater Geelong
Lot/Plan
1/PS532804

Last Listing description (June 2013)

Cheap And Cheerful!!!
Neat and tidy 2 bedroom unit, freshly painted throughout, new carpets, split system heating and cooling, good size lounge combined with meals area, bathroom with separate toilet and laundry. This unit has a separate driveway with a carport and private front yard. Located in a popular area of Belmont with bus stop out the front and within close proximity of Deakin University, High st, Belmont and Highton shopping village. Own or invest in this tremendous proposition with an expected rental return of approx. $240 per week. Be quick to snap this one up as these style of properties are so popular within this price range that they don't stay on the market long.

Property History for 1/107 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$215,000
05 Jun 2013
  • 05 Jun 2013
    Sold for $215,000
  • 05 Apr 2013
    Listed for Sale $199,000-$218,000
  • 04 Jul 2011
    Sold for $189,500
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About Belmont 3216

The size of Belmont is approximately 9.2 square kilometres. It has 31 parks covering nearly 24.7% of total area. The population of Belmont in 2011 was 13,616 people. By 2016 the population was 14,050 showing a population growth of 3.2% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 67.2% of the homes in Belmont were owner-occupied compared with 64.5% in 2016.

Belmont has 8,160 properties. Over the last 5 years, Houses in Belmont have seen a 24.97% increase in median value, while Units have seen a 16.18% increase. As at 31 January 2025:

  • The median value for Houses in Belmont is $717,916 while the median value for Units is $480,830.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 33 properties listed for sale, and 8 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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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.