SOLD
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Sold on 19 Feb 2024 for $695,000

43 Cambra Road
Belmont VIC 3216

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 767m2
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Property Details for 43 Cambra Rd, Belmont

43 Cambra Rd, Belmont is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Land Size
767m2

Last Listing description (February 2024)

This remarkable property at 43 Cambra Road, Belmont, is a lucrative investment with a separately metered 2 bedroom unit to the rear of this three bedroom home on a spacious 767m2 lot.
The possibilities at this property are only limited by your creativity.

Three Bedroom House:
• Spacious layout with hardwood flooring throughout
• Three medium-sized bedrooms with built-in robes and ceiling fans
• Well-appointed bathroom with bath and shower
• Convenient mudroom
• Single garage and carport
• Efficient gas hot water system
• Open plan living, dining and kitchen space
• Prime Belmont location, walking distance to public transport, local schools and shopping precincts

Two bedroom Unit:
• Carpeted entrance and cosy living room
• Direct entrance to a practical laundry room
• Two carpeted bedrooms with ceiling fans and one with a built-in robe
• Laminated bathroom with shower
• Open-plan kitchen, living, and dining area
• Gas hot water system

Investment Potential: This dual property, set on a generous 767m2 lot, offers exceptional rental income potential currently yielding $715 per week. Investors can capitalise on the unique setup and strong rental appeal of both properties.

Don't miss out on this versatile and lucrative investment opportunity in Belmont. Whether you seek a smart investment or a home with rental income, act now to secure this promising property.

Property History for 43 Cambra Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$695,000
19 Feb 2024
  • 12 Feb 2024
    Sold for $695,000
  • 28 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 25 Feb 2000
    Sold for $135,000
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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 8,070 properties. Over the last 5 years, Houses in Belmont have seen a 30.70% increase in median value, while Units have seen a 27.78% increase. As at 31 October 2024:

  • The median value for Houses in Belmont is $713,866 while the median value for Units is $486,002.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 16 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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Owen Sharkey
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Rene Pompe
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First National Golden Plains
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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.