OFF MARKET

98 Settlement Road
Belmont VIC 3216

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 149m2
Land area: 610m2
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Property Details for 98 Settlement Rd, Belmont

98 Settlement Rd, Belmont is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 610m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last transferred in October 1997.

Building Type
House
Year Built
1970
Floor Size
149m2
Land Size
610m2
Local Government
Greater Geelong
Lot/Plan
18/LP52262

Last Listing description (November 2023)

Buyers are spoilt for choice with this property ripe for renovation or redevelopment. The choice is yours for the 610 sqm site (approx.) with a private street frontage - Renovate and extend the existing home rent the property while drawing up plans to build a new home or multiple units. This blue-chip Belmont location enables you to leave the car at home and stroll to the many amenities and facilities within the sought-after neighbourhood. High Street shopping is within walking distance, as are Roslyn Primary School, Belmont Primary and Belmont High School. Public transport is at the end of the street and it is only a short hop to shopping at Highton Village and Waurn Ponds. The property is also ideally located so you can be on the beach at Torquay or Barwon Heads in less than 20 minutes. The structurally sound original 1960s house is in neat condition as it had been incredibly well looked after. The house comprises a large central hallway, spacious loungeroom, four bedrooms, kitchen with adjoining meals or living room, central bathroom, separate laundry and toilet, plus a tandem under cover carport for two cars.

Property History for 98 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Transferred
$68,000
15 Oct 1997
Listed for Rent
$450/w
08 Feb 2023
  • 09 Oct 2023
    Listed for Rent $450 / week
  • 04 Sep 2023
    Listed for Sale Contact Agent
  • 02 Dec 2022
    Listed for Rent $450 / week
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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 8,076 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 18 properties listed for rent in Belmont on OnTheHouse. According to CoreLogic's data, 358 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.