SOLD
Sold on 16 Apr 2024 for $533,333

18 Roberts Road
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 200m2
Land area: 736m2
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Property Details for 18 Roberts Rd, Belmont

18 Roberts Rd, Belmont is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 736m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
200m2
Land Size
736m2
Local Government
Greater Geelong
Lot/Plan
59/LP33127

Last Listing description (August 2024)

Discover an outstanding opportunity to invest in a prime piece of real estate located in the thriving Belmont growth corridor. This property offers an expansive 736m2 land parcel with approved permits for constructing three modern dwellings, ready to break ground.

Situated just minutes from the serene banks of the picturesque Barwon River and the lush Barwon Valley Park, as well as local cafes, Highton Village, Roslyn Primary School, and Belmont High School, this property is an ideal choice for both investors and developers.
The approved plans showcase highly efficient designs that cater to contemporary living standards, reducing construction costs, optimizing productivity, and minimizing build time. Each unit boasts a functional layout, ensuring broad appeal and a high resale value. Don't miss this golden opportunity for a lucrative return on investment!

The existing house retains all its original charm, featuring three bedrooms and two spacious living areas. Currently, it's tenanted at $485 per week, and its central location offers easy access to major road networks, making it a perfect choice for those who commute to work.

In summary, this property represents a rare and enticing chance to invest in a prime piece of real estate.

Key Features:

-Generous 736m2 land parcel

-Approved plans for three dwellings, each with 3 bedrooms, 2 baths, and 1 car space

-Each unit will have its own street access

-Unit 1 features a balcony to capture breathtaking valley views

-Units 2 and 3 offer a bedroom downstairs

-Exclusive riverside location in Belmont

-Currently generating rental income at $485 per week

Terms: 10% Deposit, 60-Day Settlement. For alternative arrangements, please discuss with the agent."

Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary to satisfy themselves with any pertinent matters."

Property History for 18 Roberts Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$533,333
16 Apr 2024
Listed for Rent
$440/w
16 Sep 2021
  • 16 Apr 2024
    Sold for $533,333
  • 20 Oct 2023
    Listed for Sale Price on Application
  • 20 Aug 2021
    Listed for Rent $440 / week
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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 8,021 properties. Over the last 5 years, Houses in Belmont have seen a 32.69% increase in median value, while Units have seen a 26.51% increase. As at 30 September 2024:

  • The median value for Houses in Belmont is $715,032 while the median value for Units is $483,175.
  • Houses have a median rent of $488 while Units have a median rent of $430.
There are currently 31 properties listed for sale, and 23 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 341 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.