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Sold on 02 Oct 2023 for $567,500

124 Settlement Road
Belmont VIC 3216

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 624m2
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Property Details for 124 Settlement Rd, Belmont

124 Settlement Rd, Belmont is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 624m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Land Size
624m2
Local Government
Greater Geelong
Lot/Plan
8/LP22451

Last Listing description (October 2023)

Providing a strong foundation for the future, this brick, 3 bedroom + studio residence merges the undeniable lifestyle appeal of proximity to Waurn Ponds Plaza, High Street & the Surf Coast with the potential to add considerable value whenever you're ready. Partially refurbished, currently livable and capable of generating a rental return, the home is ready for some bathroom inspiration and set on a deep allotment of 624 sqm (approx).

Under soaring ceilings with polished boards under foot, the home flows past a pair of generous bedrooms, main living area with a gas fireplace, a stone-topped kitchen with a 900mm oven/cooktop and a traditional bathroom. Beyond the backdoor, a substantial self-contained studio perfect for the work from home space or teenagers retreat. The backyard is a strong assets that exude a solid sense of further potential to extend (STCA).

Split system air conditioning and gas heating keep the home comfortable year-round, while a shed, workshop and lock up garage adds convenience and flexibility.

Whatever you choose, this is a location to reward your vision.
Perfectly positioned within minutes to Quality Schools, High St Shops, Waurn Ponds Shopping Centre, Leisurelink Aquatic Centre, Deakin University, Epworth Hospital and the M1 taking you to Melbourne in under an hour, this very convenient and low maintenance home, this is a location with extraordinary family appeal.

Property History for 124 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$567,500
02 Oct 2023
  • 28 Sep 2023
    Sold for $567,500
  • 13 Sep 2023
    Listed for Sale AUCTION
  • 09 Aug 2018
    Sold for $495,000
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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 8,094 properties. Over the last 5 years, Houses in Belmont have seen a 36.74% increase in median value, while Units have seen a 28.36% increase. As at 31 July 2024:

  • The median value for Houses in Belmont is $716,713 while the median value for Units is $495,703.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 352 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.