5 Rugby St, Belmont is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 596m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last transferred in November 2020.
RIPE FOR RENO TO REAP REWARDS.
A very affordable entry level into the thriving Belmont area that presents as a roll your sleeves up proposition.
In a brilliant location between perhaps Geelong's two most desirable shopping strips, High Street and Bellevue Avenue, it is also close to primary and secondary schools. Whilst you may argue the home is livable as it is, its true value is in the potential to upgrade to your own standards and design. With three bedrooms, good size lounge/dining area and kitchen in reasonable condition, it provides a perfect base to capitalise on its location and approximately 590sqm of land.
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 8,066 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:
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