43 James StreetBelmont VIC 3216
Property Details for 43 James St, Belmont
43 James St, Belmont is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 628m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Belmont in the last 12 months.
Last Listing description (November 2023)
Looking for the perfect investment property in the ever popular suburb of Belmont? Look no further! This delightful 3-bedroom, 2-bathroom home nestled on approximately 628m2 is the one.
Key Features:
Location: Nestled in the sought-after neighbourhood of Belmont, this property is close to schools, parks, shopping, and transportation, making it ideal for renters or future buyers.
Income Potential: The rental market in Belmont is strong, and this property could provide an excellent source of passive income for savvy investors. Currently tenanted until mid 2024, you can expect a return from day 1.
Room for Improvement: This property presents the opportunity to add value through renovations and updates, increasing its future resale potential.
Outdoor Space: Enjoy a generous backyard, perfect for outdoor gatherings or potential expansion.
Don't miss your chance to secure this fantastic investment property on James Street, Belmont.
** Please Note: As the home is currently tenanted, we do have limited access. Inspections have been scheduled in advance and may be cancelled if the home is under offer or sold without notice.
Disclaimer:
All information provided is in good faith. Avenue Five have received it from believed accurate 3rd party sources at time of receiving. Avenue Five will not be held liable for any loss resulting from your actions or decisions and advise you to make all necessary enquiry and research in regards to this passed on information.
Property History for 43 James St, Belmont, VIC 3216
- 17 Oct 2023Sold for $633,500
- 11 Sep 2023Listed for Sale $600,000 - $650,000
- 14 Jun 2023Listed 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 8,094 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.
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