OFF MARKET

7 Sommers Street
Belmont VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 581m2
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Property Details for 7 Sommers St, Belmont

7 Sommers St, Belmont is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 581m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Land Size
581m2
Local Government
Greater Geelong
Lot/Plan
4/LP13671

Last Listing description (September 2019)

This almost original home, set on a 581m2 approx. block and situated in an outstanding Belmont location, offers many possibilities for the investor, builder or home occupier to consider. Renovate the original two-bedroom home that includes light filled north facing lounge/dining area adjacent to the functional kitchen with a central family bathroom and a brick garage. Or you may wish to redevelop the block with your ideal family dream home (STCA). You can always renovate a little and rent it out while you make your decision. Either way, with the property zoned as a Residential Growth Zone Schedule 2 (RGZ2) youll be investing in your future and into an exceptional pocket of Belmont that is primed for growth. Situated within close proximity to all amenities including, Belmont Village Shopping Centre, High Street Shopping strip, Barwon River walking and cycling tracks, Kardinia Park Sporting precinct and directly opposite the prestigious Geelong Lawn Tennis Club, Geelong Lawn Bowls Club and all of this within walking distance! This is an opportunity not to be missed, call today to enquire.

Terms: 10% Deposit, 90-day Settlement. For alternative arrangements, please discuss with agent.

Property History for 7 Sommers St, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$555,000
14 Sep 2019
  • 14 Sep 2019
    Sold for $555,000
  • 20 Aug 2019
    Listed for Sale $485,000 - $530,000
  • 22 May 1997
    Sold for $65,000

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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 8,066 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:

  • 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 14 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Belmont.

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