SOLD
Sold on 28 Feb 2024 for $595,000

1 Palamino Court
Belmont VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 109m2
Land area: 665m2
Sold By
Buxton Highton
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Property Details for 1 Palamino Ct, Belmont

1 Palamino Ct, Belmont is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 665m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
109m2
Land Size
665m2
Local Government
Greater Geelong
Lot/Plan
214/LP124429

Last Listing description (March 2024)

Located a short stroll to the Waurn Ponds Creek, this home presents a terrific choice for first homebuyers, investors and families alike.

The interiors invite you to move straight in while also offering scope for further enhancement. The front lounge creates a peaceful setting to kick back and relax, while the open plan living/dining/kitchen zone flows onto the covered alfresco area. This generous outdoor setting is the perfect place to enjoy casual BBQs during the summer months. The kitchen is well equipped with an oven/gas cooktop. All three bedrooms feature built-in robes (main with direct bathroom access), while the laundry and separate toilet complete the layout. A split-system air conditioner and electric wall heater provide comfort.

Embraced by northern sunshine, the backyard unfolds as a playful sanctuary for children and pets. Safety is paramount with secure gates, ensuring a carefree space for cherished moments. Off-street parking includes a single carport and a large shed with a work bench. The property is fully gated. The undercover storage area adds the final touch to the property. Occupying a corner allotment, buyers may also be inspired to explore development options (STCA).

This home places you moments away from everyday essentials. The local playground is located at the end of the court, while Wangala Primary School and the Christian College Campuses are within easy reach for families. You'll love that the creek's walking trail connects you to the Waurn Ponds Shopping Centre and Leisurelink Aquatic Centre. To top it all off, you can enjoy easy access to the Ring Road, Deakin University (Waurn Ponds) and Epworth Hospital.

Property History for 1 Palamino Ct, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$595,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $595,000
  • 08 Feb 2024
    Listed for Sale $570,000 - $610,000
  • 30 Sep 2022
    Listed for Sale $539,000 - $589,000
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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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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.