OFF MARKET

1/31 Riverview Terrace
Belmont VIC 3216

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 96m2
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Property Details for 1/31 Riverview Tce, Belmont

1/31 Riverview Tce, Belmont is a 1 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 96m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1980
Floor Size
58m2
Land Size
96m2
Local Government
Greater Geelong
Lot/Plan
1/PS428510

Last Listing description (July 2023)

Positioned in the most convenient location within walking distance to a range of key amenities, this delightful riverside residence offers an opportunity to secure a desirable low-maintenance, easy living lifestyle in a highly sought-after area of Belmont. This is a fantastic opportunity for first-home buyers looking to enter the market, savvy investors seeking maximum growth and downsizers looking for lifestyle central.

Consisting of one bedroom with built in robe, central bathroom with a separate toilet and a open plan kitchen, living and dining area. Additional features include a single car port, electric oven and cooktop.

Don't miss this opportunity to embrace low-maintenance living in a superb Belmont location. The vibrant High Street shopping precinct is only a short walk from your front door, while a variety of schools and the tranquil Barwon River are within easy reach.

- Highstreet shopping district within a 5min walk
- Barwon River within a 2min walk

Disclaimer:
All information provided is in good faith. Avenue five have received it from believed accurate 3rd party sources at time of receiving. Avenue five will not be held liable for any loss resulting from your actions or decisions and advise you to make all necessary enquiry and research in regards to this passed on information.

Property History for 1/31 Riverview Tce, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$310,000
08 May 2023
Listed for Rent
$250/w
05 Jul 2021
  • 08 May 2023
    Sold for $310,000
  • 10 Feb 2023
    Listed for Sale $299,000 - $319,000
  • 21 Jun 2021
    Listed for Rent $250 / week
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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 8,076 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.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 358 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.