Suburb Report - Belmont

Suburb Report

Belmont VIC 3216

Prepared on: 07 February 2019

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

Suburb Report
Belmont VIC 3216

BELMONT

68km

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 $530,500.

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

4,715 285 $547,717 44

1,493 110 $403,694 28

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

07 February 2019 Page 2

© Copyright 2019 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

$$$ $614,250 The 75th percentile sale price of sales over the past 12 months within
$530,500 the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ 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
$ $468,875 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

07 February 2019 Page 3

© Copyright 2019 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

42 27
BEDROOMS

25 Fairview Street Belmont - 4/23 Torquay Road Belmont 1
VIC 3216 1 VIC 3216 2
415m2 263m2
Listed on 06 Feb 2019 Sold on 14 Jan 2019
$440,000-$470,000 $420,000*

4 Matilda Court Belmont VIC 1 45 Roslyn Road Belmont VIC 1
3216 3216

Listed on 04 Feb 2019 1 Sold on 04 Jan 2019 1
$399,000-$429,000 $532,000*

300m2 409m2

30 3 93
BEDROOMS

2 Rotherham Street Belmont 1 9 Rotherham Street Belmont -
VIC 3216 VIC 3216

Listed on 06 Feb 2019 2 Sold on 02 Feb 2019 1
$439,000-$469,000 $416,000*

400m2 637m2

122 Settlement Road 1 45 Settlement Road Belmont 1
Belmont VIC 3216 1 VIC 3216 1
620m2
Listed on 06 Feb 2019 Sold on 01 Feb 2019
$435,000-$465,000 $425,000*

611m2

74 19
BEDROOMS

1 Corriedale Court Belmont 2 8 Laura Avenue Belmont VIC 2
VIC 3216 2 3216
Listed on 05 Feb 2019 722m2
$535,000 - $575,000 Sold on 13 Dec 2018 1
1 Not Disclosed
48 Francis Street Belmont 1
VIC 3216 393m2 460m2
Listed on 05 Feb 2019
$499,000 - $548,000 5 Oberon Drive Belmont VIC 2
3216 2
680m2
Sold on 10 Dec 2018
$585,000

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

07 February 2019

© Copyright 2019 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

$$$ $460,000 The 75th percentile sale price of sales over the past 12 months within
the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ $372,000 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
$ $326,500 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

07 February 2019 Page 5

© Copyright 2019 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

21 4
BEDROOMS

11/367 High Street Belmont 1 5/371 High Street Belmont 1
VIC 3216 1 VIC 3216 1
- Sold on 10 Jan 2019 69m2
Listed on 11 Jan 2019 $235,000*
Not Disclosed 1
4/7 Sanglen Terrace 1
367 High Street Belmont VIC 1 Belmont VIC 3216 -
3216 1 Sold on 18 Sep 2018
$320,000*
Listed on 04 Jan 2019
From $455,500

1,300m2

11 2 24
BEDROOMS

153 Francis Street Belmont 1 4/25 Torquay Road Belmont 1
VIC 3216 1 VIC 3216 1
Listed on 05 Feb 2019 168m2 184m2
$305,000-$315,000 Sold on 11 Jan 2019
1 $383,000*
6/59 Mt Pleasant Road 1
Belmont VIC 3216 234m2 42 Watson Avenue Belmont 1
Listed on 03 Feb 2019 VIC 3216 1
$369,000-$379,000 267m2
Sold on 14 Dec 2018
$360,000*

12 3 13
BEDROOMS

19 Bailey Street Belmont VIC 2 1A Herbert Street Belmont 2
3216 2 VIC 3216 2
240m2
Listed on 06 Feb 2019 Sold on 01 Feb 2019
$485,000-$525,000 Not Disclosed

373m2

5/1 Church Street Belmont 2 2/7 Cornish Avenue Belmont 2
VIC 3216 2 VIC 3216
135m2
Listed on 05 Feb 2019 Sold on 09 Jan 2019 2
$645,000 - $665,000 Not Disclosed

406m2

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

07 February 2019

© Copyright 2019 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

72
BEDROOMS

7/17 Colac Grove Belmont 1 16 Clarke Avenue Belmont 2
VIC 3216 1 VIC 3216 1
132m2 650m2
Listed on 05 Feb 2019 Listed on 04 Feb 2019
$385/W $370/W

32 3

1 BEDROOMS
1
4 Autumn Street Belmont 743m2 138 Roslyn Road Belmont 1
VIC 3216 VIC 3216 1
850m2
Listed on 05 Feb 2019 Listed on 05 Feb 2019
$390/W $420/W

44
BEDROOMS

6 Savage Street Belmont VIC 4 8 Belmont Street Belmont 1
3216 VIC 3216 1
683m2
Listed on 04 Feb 2019 1 Listed on 01 Feb 2019
$400/W $380/W

613m2

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

07 February 2019 Page 7

© Copyright 2019 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

91
BEDROOMS

18/17 Colac Grove Belmont 1 2/8 Iona Avenue Belmont 1
VIC 3216 1 VIC 3216 1
113m2 73m2
Listed on 05 Feb 2019 Listed on 05 Feb 2019
$330/W $220/W

15 2

BEDROOMS

11/53-55 Mt Pleasant Road 1 12/17 Colac Grove Belmont 1
Belmont VIC 3216 1 VIC 3216 2
105m2 112m2
Listed on 05 Feb 2019 Listed on 04 Feb 2019
$350/W $380/W

12 3

BEDROOMS

1/31 Summit Avenue 1 2/27 The Avenue Belmont 3
Belmont VIC 3216 1 VIC 3216 2
339m2 210m2
Listed on 04 Feb 2019 Listed on 04 Feb 2019
$380/W $460/W

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

07 February 2019 Page 8

© Copyright 2019 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]

07 February 2019 Page 9

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.