SOLD
Sold on 09 Mar 2024 for $620,000

1 Kinross Street
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 729m2
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Property Details for 1 Kinross St, Belmont

1 Kinross St, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 729m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
125m2
Land Size
729m2
Local Government
Greater Geelong
Lot/Plan
53/LP10757

Last Listing description (January 2018)

Situated on a huge block of approx 728 square meters and located in a quiet no through road, this property has endless potential. Currently rented out at $295 per week until April 2018, the return from the property is immediate.
Keep as a rental, knock down and develop (STCA), build your dream home (STCA) or renovate, the options are endless!
3 bedrooms, living area, separate dining area, central bathroom, kitchen, laundry and sitting area. Centrally located in the heart of Belmont, within easy walking distance to High Street shopping, public transport plus the Ring Road, Geelong CBD, Surf Coast in 15 minutes. A chance to own a piece of prime real estate in popular Belmont!

Terms: 10% Deposit, 30 / 60 / 90 day Settlement. For alternative arrangements, please discuss with agent.

Property History for 1 Kinross St, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$620,000
09 Mar 2024
Listed for Rent
$280/w
13 Aug 2013
  • 09 Mar 2024
    Sold for $620,000
  • 16 Dec 2017
    Sold for $505,000
  • 21 Nov 2017
    Listed for Sale $400,000 - $420,000
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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 8,070 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 16 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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Contact agent
Michelle Winckle
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Sophie Spowart
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Hayeswinckle - HIGHTON
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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.