OFF MARKET

31 Mernda Parade
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 594m2
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Last updated 14 Oct 2024
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Property Details for 31 Mernda Pde, Belmont

31 Mernda Pde, Belmont is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 594m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1950
Floor Size
123m2
Land Size
594m2
Local Government
Greater Geelong
Lot/Plan
5/LP12772

Last Listing description (June 2022)

Enviably located in an ideal family friendly area, this property offers its lucky new owner endless opportunities to unlock massive value. Situated in the middle of all key amenities and ripe for renovation, properties like this are hard to miss. Offering charming original features and a flexible floorplan, you can put you on twist on a Belmont gem. Perfect for first home buyers, lifestyle seeking families or investors looking to unlock massive value.

The flexible floorplan consists of three bedrooms or two bedrooms and two living areas, bathroom with separate toilet, kitchen and dining area. Features include electric wall heater, wall A/C, gas cooktop, electric oven and two outdoor sheds, all sitting on a generously sized allotment of 594sqm.

Well positioned within easy distance to High Street Shopping, Oberon Primary School, Belmont High School, High Street shopping, public transport and only a short hop to Waurn Ponds Shopping, Aquatic Centre, Deakin University, the Surf Coast and the Ring Road making day to day living a breeze.

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Property History for 31 Mernda Pde, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$585,000
22 Jun 2022
  • 22 Jun 2022
    Sold for $585,000
  • 16 May 2022
    Listed for Sale $549,000-$569,000

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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 8,020 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 17 properties listed for sale, and 6 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Belmont.

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