OFF MARKET

8 The Avenue
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 963m2
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Property Details for 8 The Avenue, Belmont

8 The Avenue, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 963m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
112m2
Land Size
963m2
Local Government
Greater Geelong
Lot/Plan
220/LP13162

Last Listing description (October 2023)

Sitting in a prestige pocket of riverside Belmont, this is your opportunity to secure 963sqm (approx.) of prime land in the "Golden Triangle", within close proximity to key amenities. Ripe and ready for renovation or redevelopment (STCA), properties like this are rare to market. With plans and permits approved for three high end quality townhouses or scope to create your dream family home, there is endless opportunities available. Desirably located within a short stroll to cosmopolitan Mt Pleasant Road, the Barwon River, the Highton Village and High Street Shops, this is a lifestyle central for now and well into the future.

The home consists of three bedrooms with BIR's, a central bathroom with separate toilet, spacious living area fitted with a gas wall heater, and a kitchen and dining area with a gas cooktop, electric oven and split system A/C. Outside is a vast amount of space, featuring a single car garage and ample off-street parking.

Desirably located within easy distance to Belmont High School, Belmont Primary School, Waurn Ponds Shopping, River end of Pakington Street, GMHBA stadium, Aquatic Centre, the Surf Coast and the Ring Road taking you to Melbourne in an hour. A special opportunity that requires your inspection.

** For further information regarding the approved plans and permits for the three townhouse development, please contact Matthew Hunt on 0433 176 611 **

Property History for 8 The Avenue, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$910,000
22 Jul 2023
Listed for Rent
$400/w
29 Oct 2022
  • 22 Jul 2023
    Sold for $910,000
  • 28 Jun 2023
    Listed for Sale Not Disclosed
  • 11 Oct 2022
    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 8,070 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 16 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 355 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.