SOLD
Sold on 20 Sep 2023 for $630,000

5/54 Torquay Road
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 386m2
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Property Details for 5/54 Torquay Rd, Belmont

5/54 Torquay Rd, Belmont is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 386m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom Unit sold in Belmont in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
139m2
Land Size
386m2
Local Government
Greater Geelong
Lot/Plan
5/PS616600

Last Listing description (May 2016)

Offering the convenience of the Torquay Road and the peace & quiet of being a distance away, this property should not be misjudged. Set on its own title the property is the size of some family homes and offers a myriad of features. There are 3 bedrooms, and a study generous enough to be a 4th; with the master boasting a walk in robe & ensuite; the open plan living makes it ideal for the contemporary minded with the kitchen overlooking the combined meals/ living area, along with offering direct access to the rear yard through sliding doors. The untapped potential of the rear yard is an opportunity for the new owner to add value, plus the double gates ensure there is easy access. The home boasts a double garage with remote entry and internal access; ducted heating and a split system for the warmer months. The property is comfortable, generous in size and is extremely accessible with the benefit of quiet court living.

Property History for 5/54 Torquay Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$630,000
20 Sep 2023
  • 20 Sep 2023
    Sold for $630,000
  • 13 Apr 2016
    Sold for $383,000
  • 11 Feb 2015
    Listed for Sale $379,000 - $399,000
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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 8,094 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.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Belmont.

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