SOLD
Sold on 07 May 2024 for $498,000

2/28 Settlement Road
Belmont VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 134m2
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Property Details for 2/28 Settlement Rd, Belmont

2/28 Settlement Rd, Belmont is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1960. The property has a land size of 134m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Belmont in the last 12 months.

Building Type
Townhouse
Year Built
1960
Floor Size
70m2
Land Size
134m2
Local Government
Greater Geelong
Lot/Plan
2/PS740843

Last Listing description (May 2024)

Don't miss this chance to secure a low-maintenance townhouse in a Belmont hotspot!

Both the living room and dining/kitchen zone open onto the garden courtyard, which is ideally positioned to capture the northern sunshine. The kitchen takes care of all your cooking needs with stone benchtops, an island bench and stainless steel appliances (dishwasher, oven, gas cooktop, rangehood). The European laundry and separate toilet complete the lower level.

Upstairs is home to two bedrooms with built-in robes and a bathroom, which features a large shower. Double-glazing and four split-system air conditioners provide year-round comfort. Low-maintenance landscaping is a blessing, with the courtyard also home to a garden shed. Dedicated off-street parking is provided directly beside the home.

This location comes hand-in-hand with a convenient lifestyle. The High Street shopping precinct is moments away, where you can treat yourself at a cafe, browse through the boutique stores, or enjoy a night out at the Belmont Hotel. Public transport is a heartbeat from your front door, while the Barwon Valley Golf Club and South Barwon Reserve sporting grounds are within walking distance. The tranquil Barwon River is within easy reach, while the Surf Coast Highway keeps you connected to both the Geelong CBD and Surf Coast beaches.

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Property History for 2/28 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$498,000
07 May 2024
Listed for Rent
$430/w
20 Feb 2023
  • 07 May 2024
    Sold for $498,000
  • 18 Apr 2024
    Listed for Sale $485,000 - $525,000
  • 25 Jan 2023
    Listed for Rent $430 / 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.

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