SOLD
Sold on 15 Nov 2023 for $610,000

5 Olwen Avenue
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 652m2
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Property Details for 5 Olwen Ave, Belmont

5 Olwen Ave, Belmont is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 652m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Belmont in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
164m2
Land Size
652m2
Local Government
Greater Geelong
Lot/Plan
3/LP72389

Last Listing description (December 2023)

Abundantly light-filled with a flexible floor plan, these are the underpinnings of a solid foundation for you and your family for now and well into the future. Well-located within easy reach of a range of key services, this delightful residence provides the ideal lifestyle setting.

Consisting of three large bedrooms, the main bedroom with an ensuite, a light-filled lounge, a spacious kitchen, and a dining area leading to a family room/fourth bedroom.

Outside the property, you will find fully landscaped gardens and grassed areas, providing an abundance of space for your kids to run around in, whether they have two legs or four. There is side access to a double car lock-up garage.

Features include gas heating, split-system air conditioning, an undercover entertaining area, a dishwasher, an electric oven, and cooktop.

Well-positioned within easy distance to High Street shopping, Wangala Primary School, public transport, the Torquay Road shopping hub, Highton Village, Barwon River walking tracks, Waurn Ponds shopping centre, the Aquatic Centre, and the Ring Road, which takes you to Melbourne in an hour.

Property History for 5 Olwen Ave, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$610,000
15 Nov 2023
Listed for Rent
$410/w
01 Oct 2021
  • 15 Nov 2023
    Sold for $610,000
  • 09 Nov 2023
    Listed for Sale $590,000-$640,000
  • 01 Oct 2021
    Listed for Rent - Price not available
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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.

Suburb Insights for Belmont 3216

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Matthew Constantine
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Tom Sayers
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Barry Plant - Highton
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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.