Positioned in a tightly held and coveted pocket of Belmont, this extremely rare and elevated allotment of approx. 902m2 presents an outstanding opportunity to secure vacant land with uninterrupted views over parkland and the Barwon River.
In a parkside location at the end of a no-thru road, the property is located approx. 3.5 kms from the Geelong CBD and is within walking distance to the High Street shopping precinct, Highton Village and cosmopolitan Pakington Street via the foot bridge to Newtown.
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 8,073 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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