SOLD
Sold on 13 Sep 2024 for $350,000

1/42 Torquay Road
Belmont VIC 3216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1/42 Torquay Rd, Belmont

1/42 Torquay Rd, Belmont is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Belmont in the last 12 months.

Building Type
Unit
Local Government
Greater Geelong
Lot/Plan
1/PS647944

Last Listing description (October 2014)

Cheapest House In Belmont?
Wow! What an amazing opportunity to secure a solid start to your future! Whether your looking for your first home, investment or something to renovate and enhance, this is an affordable buy into popular Belmont. This location is central to the Surf Coast, Geelong CBD, Belmont shopping centre & Oberon high school. Comprising 3 bedrooms (all with BIRs), original but very neat light filled kitchen that adjoins the dining area flowing into the comfort of a surprisingly spacious lounge room that offers an open fire. Offering ample space for families, extensions (STCA) or extra parking & 413m2 (approx.) allotment. If you are looking at something in the entry level of Belmont than this is the ideal home. Rental projection is between $260-$280 pw.

Property History for 1/42 Torquay Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$350,000
13 Sep 2024
  • 13 Oct 2014
    Listed for Sale $239,000 - $259,000

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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 8,157 properties. Over the last 5 years, Houses in Belmont have seen a 29.86% increase in median value, while Units have seen a 23.29% increase. As at 30 November 2024:

  • The median value for Houses in Belmont is $719,254 while the median value for Units is $483,849.
  • Houses have a median rent of $483 while Units have a median rent of $430.
There are currently 30 properties listed for sale, and 18 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Belmont.

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