OFF MARKET

71 Summit Avenue
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 650m2
Land area: 650m2
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Property Details for 71 Summit Ave, Belmont

71 Summit Ave, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 650m2 and floor size of 650m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1970
Floor Size
650m2
Land Size
650m2
Local Government
Greater Geelong
Lot/Plan
170/LP12117

Last Listing description (September 2022)

Developers, tradies and creative renovators, an exciting opportunity awaits - this is where you'll bring your dreams to life!

This prime position of Belmont guarantees you superior access to local schools, kindergartens, public transport and shops while being only moments away from all the best that Geelong has to offer. Add the next addition to your investment portfolio, renovate or extend to create your dream family abode, or re-develop in this convenience plus locale (STCA) all on a generous 650sqm allotment.

Inside the home consists of a long central hall providing access to all the rooms, including a large living room with a northerly aspect, gas heating and air-conditioning unit, flowing from here you will find the meals area adjoining the kitchen.

The central family bathroom comes complete with shower and bath plus separate toilet, servicing 3 spacious bedrooms, all with built in robes. The hall leads through the laundry and rear access, opening to the paved and enclosed yard, with washing line and large shed.

So many options are available to you here, all subject to council approval, including demolish and rebuild, or renovate to create a beautifully updated home in a super central location.

Property History for 71 Summit Ave, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$640,000
02 Sep 2022
  • 02 Sep 2022
    Sold for $640,000
  • 22 Aug 2022
    Listed for Sale AUCTION ESR $600,000-$650,000
  • 17 May 2012
    Transferred

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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 8,020 properties. Over the last 5 years, Houses in Belmont have seen a 32.69% increase in median value, while Units have seen a 26.51% increase. As at 30 September 2024:

  • The median value for Houses in Belmont is $715,032 while the median value for Units is $483,175.
  • Houses have a median rent of $488 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 353 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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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.