OFF MARKET

10 Bailey Street
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 120m2
Land area: 606m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Feb 2025
Low

High
Save

Property Details for 10 Bailey St, Belmont

10 Bailey St, Belmont is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 606m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 1985.

Building Type
House
Year Built
1960
Floor Size
120m2
Land Size
606m2
Local Government
Greater Geelong
Lot/Plan
57/LP12054

Last Listing description (October 2024)

Situated in the heart of Belmont, this characterful three-bedroom cottage sits on a corner block on Bailey Street with dual side access from North Avenue - both quiet no-through-roads with minimal traffic. This proudly maintained home on 606 sqm (approx.) with tandem lock-up garage and a double carport for boat and/or caravan storage presents a rare opportunity to secure a Belmont property with potential.

With good bones that have been lovingly improved upon over the 45 years it's been in the same hands, the home incorporates three bedrooms, an updated central bathroom, cosy lounge and updated kitchen/meals area featuring refreshed wooden cabinets and stone benchtops. The main bedroom, lounge and kitchen each feature north-east facing corner windows that capture the warming morning sunshine. A built-in wood-fired heater in the lounge is complemented by five separate reverse cycle air conditioners placed strategically around the home along with 5 ceiling fans plus the comfort knowing the home has been rewired and replumbed along with an alarm system. A covered deck accessed from the kitchen is an inviting place to unwind at the end of the day or for a weekend get together.

Belmont life puts you in the heart of everything - you're just ten minutes to the Geelong city centre and a gentle stroll to the South Barwon Reserve for kids' football and cricket or show your support for the Cats at GMHBA Stadium, just a 15-minute bike ride away. Local school options are plentiful with a wide range of schools a short distance away.

Astute investors may like to maximise the potential rental return of this home whilst drawing up plans for development or family purchasers may see this opportunity as a first home step, with time to plan extensions down the track. Don't miss this exceptional opportunity to secure a home with great potential in central Belmont.

Property History for 10 Bailey St, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$46,000
01 Mar 1985
  • 21 Oct 2024
    Listed for Sale Auction
  • 01 Mar 1985
    Sold for $46,000
  • 06 Jun 1984
    Sold for $33,000
Sign in to see more transactions

Commute Calculator

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 8,162 properties. Over the last 5 years, Houses in Belmont have seen a 24.97% increase in median value, while Units have seen a 16.18% increase. As at 31 January 2025:

  • The median value for Houses in Belmont is $717,916 while the median value for Units is $480,830.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

Market Insights
Belmont Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Belmont Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.