161 Belmont AvenueBelmont WA 6104
Property Details for 161 Belmont Ave, Belmont
161 Belmont Ave, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 819m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (September 2018)
Located only 650 metres from the upgraded Belmont Forum this property will suit the savvy investor or developer. It is extremely tired which allows an investor to 'add value' and sit on this R20/50/100 site. There is only so many of these properties in the TC (Town Centre) and they are getting re-developed at a fast rate.Developers, this is good value as its land only value or may be less, bus route right out front and whether you build townhouses or apartments you can catch city glimpses.
This block has many re-development options, the sellers are looking for offers, they are highly motivated to sell being a past family home of theirs and the recent loss of their dad.
Potential for 7-12 apartments dependent on configuration/rooms
Potential for 2 single level homes
Potential to retain existing home and create a second block
Sold 'as is' or with conditions dependent on negotiations.
It will be compliant to electrical RCD and Smoke Alarm laws.
Please note images of Belmont Forum are not taken from the property.
For a full set of images please email ross@welshrealestate.com.au
Property History for 161 Belmont Ave, Belmont, WA 6104
- 11 Jul 2018Sold for $450,000
- 28 May 2018Listed for Sale FROM $475,000
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About Belmont 6104
The size of Belmont is approximately 4.4 square kilometres. It has 10 parks covering nearly 4.4% of total area. The population of Belmont in 2011 was 6,264 people. By 2016 the population was 6,784 showing a population growth of 8.3% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a trades occupation. In 2011, 54.4% of the homes in Belmont were owner-occupied compared with 54.4% in 2016.
Belmont has 4,425 properties. Over the last 5 years, Houses in Belmont have seen a 77.77% increase in median value, while Units have seen a 86.61% increase. As at 30 September 2024:
- The median value for Houses in Belmont is $773,848 while the median value for Units is $561,219.
- Houses have a median rent of $625 while Units have a median rent of $600.
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