1/20 Morris StreetBelmont VIC 3216
Property Details for 1/20 Morris St, Belmont
1/20 Morris St, Belmont is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 231m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (July 2016)
Simply a tremendous investment. Currently let to a new tenant on a 12 month lease at $250 a week. She says, I ll stay forever, I love it. So long term security could also be ideal, its location is brilliant. Sat right in the middle of the best of Belmont, it s one way to High Street, the other to Bellvue shops and down the hill to the river.
Its retro style is also endearing, with 2 bedrooms, 2 courtyards and hardwood floors. Solidly built on concrete stumps, it also has a double garage and excellent potential for refurbishment should the tenant ever leave. Located on its 230sqm allotment with its own street frontage, you simply can t lose with this gem.
Property History for 1/20 Morris St, Belmont, VIC 3216
- 27 May 2016Sold for $260,000
- 23 May 2016Listed for Sale Not Disclosed
- 09 Feb 2016Listed for Rent $250 / week
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0About 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 8,067 properties. Over the last 5 years, Houses in Belmont have seen a 30.70% increase in median value, while Units have seen a 27.78% increase. As at 31 October 2024:
- The median value for Houses in Belmont is $713,866 while the median value for Units is $486,002.
- Houses have a median rent of $480 while Units have a median rent of $430.
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