Suburb Report - Belmont

Suburb Report

Belmont VIC 3216

Prepared on: 02 October 2018

Prepared by: David McGuinness
Phone: 0412646009
Email: [email protected]

Suburb Report
Belmont VIC 3216

BELMONT

67km

Distance from GPO

14.1k

Population

3.2%

5 year population change

12 years

Average length of ownership

The size of Belmont is approximately 9.2 square kilometres. It has 7 parks covering nearly 4.5% 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. Currently the median sales price
of houses in the area is $512,500.

Total dwellings Total new listings* Median Value Total number currently listed

5,137 235 $493,956 41

1,624 85 $388,871 25

*Total number of unique properties listed for sale over the past 12 months.

02 October 2018 Page 2

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

HOUSES: FOR SALE

$$$ $612,000 The 75th percentile sale price of sales over the past 12 months within
$512,500 the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $452,000 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

02 October 2018 Page 3

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

HOUSES: MARKET ACTIVITY SNAPSHOT

ON THE MARKET RECENTLY SOLD

52 31
BEDROOMS

45 James Street Belmont 2 48 Apex Avenue Belmont 2
VIC 3216 1 VIC 3216 1
628m2 Sold on 27 Sep 2018 471m2
Listed on 01 Oct 2018 $440,000*
Contact Agent 1
28 Kardinia Street Belmont 1
1A Cornish Avenue Belmont 1 VIC 3216 521m2
VIC 3216 1 Sold on 22 Sep 2018
315m2 $635,000*
Listed on 30 Sep 2018
Price guide $365,000 - $400,000

25 3 80
BEDROOMS
16 James Street Belmont
14 Apex Avenue Belmont 2 VIC 3216 2
VIC 3216 1 Sold on 22 Sep 2018 2
709m2 Not Disclosed 557m2
Listed on 01 Oct 2018
$599,000-$630,000 37 James Street Belmont 2
VIC 3216 1
7 Matilda Court Belmont VIC 1 Sold on 22 Sep 2018 629m2
3216 1 $595,000*

Listed on 01 Oct 2018
$427,000 - $447,000

668m2

11 4 24
BEDROOMS

41 Fairbrae Avenue Belmont 1 22 Allitt Avenue Belmont VIC 3
VIC 3216 2 3216
817m2
Listed on 01 Oct 2018 Sold on 22 Sep 2018 2
$699,000 $770,000*

585m2

52 Nagle Drive Belmont VIC 1 31 Helena Street Belmont 2
3216 2 VIC 3216 2
650m2 618m2
Listed on 01 Oct 2018 Sold on 15 Sep 2018
Contact Agent $731,000*

= number of houses currently On the Market or Sold within the last 6 months Page 4
*Agent advised

02 October 2018

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

UNITS: FOR SALE

$$$ $435,000 The 75th percentile sale price of sales over the past 12 months within
the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ $360,000 months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $302,750 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

02 October 2018 Page 5

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

UNITS: MARKET ACTIVITY SNAPSHOT

ON THE MARKET RECENTLY SOLD

31 8
BEDROOMS
4/7 Sanglen Terrace
2/6 Cheryl Crescent Belmont 1 Belmont VIC 3216 1
VIC 3216 Sold on 18 Sep 2018 1
$320,000* -
Listed on 27 Sep 2018 1
$220,000 2/33 Settlement Road 1
Belmont VIC 3216 1
81m2 Sold on 06 Sep 2018 56m2
$150,000*
11/367 High Street Belmont 1
VIC 3216 1
-
Listed on 25 Sep 2018
Not Disclosed

12 2 31

6/107 Settlement Road BEDROOMS 2/68 Oberon Drive Belmont 1
Belmont VIC 3216 VIC 3216 1
Listed on 01 Oct 2018 1 Sold on 22 Sep 2018 121m2
$255,000-$275,000 1 $475,000*
142m2 1
1/48 South Street Belmont 6/145 Roslyn Road Belmont 1
VIC 3216 1 VIC 3216 135m2
Listed on 01 Oct 2018 1 Sold on 19 Sep 2018
$449,000-$469,000 182m2 $325,000*

10 3 13
BEDROOMS

1A Herbert Street Belmont 2 15B Alsop Street Belmont 2
VIC 3216 2 VIC 3216 2
240m2 Sold on 21 Sep 2018 372m2
Listed on 30 Sep 2018 $670,000*
ESR:$600,000 - $640,000 1
3 Dargai Road Belmont VIC 1
17-25 Colac Grove Belmont 1 3216 286m2
VIC 3216 1 Sold on 16 Sep 2018
4,772m2 Not Disclosed
Listed on 28 Sep 2018
Contact Agent

= number of units currently On the Market or Sold within the last 6 months Page 6
*Agent advised

02 October 2018

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

HOUSES: FOR RENT

HOUSES: RENTAL ACTIVITY SNAPSHOT

FOR RENT

42
BEDROOMS

12 Rigo Street Belmont VIC 2 19A South Street Belmont -
3216 1 VIC 3216 1
620m2 372m2
Listed on 30 Sep 2018 Listed on 29 Sep 2018
$345/W $360/W

24 3

BEDROOMS

20 Boolarong Drive Belmont 3 20 Henry Street Belmont VIC 1
VIC 3216 1 3216
652m2
Listed on 30 Sep 2018 Listed on 30 Sep 2018 1
$380/W $340/W

728m2

74
BEDROOMS

4 Bohan Grove Belmont VIC 1 46 Digby Avenue Belmont 1
3216 1 VIC 3216 1
597m2 664m2
Listed on 30 Sep 2018 Listed on 26 Sep 2018
$410/W $370/W

= number of houses observed as On the Market for Rent within the last month

02 October 2018 Page 7

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

UNITS: FOR RENT

UNITS: RENTAL ACTIVITY SNAPSHOT

FOR RENT

51
BEDROOMS

10 Morris Street Belmont 1 4/45 Francis Street Belmont 1
VIC 3216 1 VIC 3216 1
925m2 100m2
Listed on 23 Sep 2018 Listed on 20 Sep 2018
$200/W $260/W

18 2

BEDROOMS

1/16 Cornish Avenue 1 2/15 Highmont Drive -
Belmont VIC 3216 1 Belmont VIC 3216 1
265m2 167m2
Listed on 30 Sep 2018 Listed on 27 Sep 2018
$330/W $330/W

7 3

BEDROOMS

1/3 The Avenue Belmont VIC 2 43A Marjorie Avenue 1
3216 Belmont VIC 3216 2
274m2
Listed on 27 Sep 2018 2 Listed on 22 Sep 2018
$390/W $395/W

779m2

= number of units observed as On the Market for Rent within the last month

02 October 2018 Page 8

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Belmont VIC 3216

u DISCLAIMER

CoreLogic 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.

The listing prices shown represent the first and last listing price CoreLogic recorded in the advertising campaign for the
property. In some instances we may have derived the price from the advertisement text. Where we have been unable to derive
the price from the advertisement text (for example “Auctions”), the discount calculations will be unavailable.

Census statistics are provided by the Australian Bureau of Statistics (ABS) available at http://www.abs.gov.au/ under Creative
Commons Attribution 2.5 (http://creativecommons.org/licenses/by/2.5/au/legalcode).

State Government Copyright Notice and Disclaimer

VIC - The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the
consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant
the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on
the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions
in the information supplied.

Publisher

RP Data Pty Ltd trading as CoreLogic Asia Pacific
ABN 67 087 759 171
P: 1300 734 318
E: [email protected]

02 October 2018 Page 9

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.