Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
NSW › Belmont › Redrose Ave
$700,000
Last sold
4 Nov 2024
2
Bedrooms
2
Bathrooms
2
Car spaces
353 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$700,000
4 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,729/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-49.6%
Median sale
Suburb $1,390,000
+2.30 pp
Gross yield
Suburb 2.33%
Suburb median $1,390,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $623/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstatePretty as a picture, delightfully move in ready and the warm feeling of home – we challenge you to find a more ideal first home, downsize or investment opportunity.
Where quality, ingenuity and convenience are at the forefront of your mind, where maintenance is a dirty word and lifestyle is big in the agenda, this property is going to knock your socks off.
The front porch begins the charm of this cottage that has been renovated and refreshed throughout, making the perfect spot to relax with that cuppa and watch the world go by.
The home may be quaint, but it packs a punch with open plan living and dining flowing from front to back. Kitchen has been perfectly placed with enough room for the chef and his or her apprentices to cook with cupboards galore and overhead cabinetry.
The bathroom has been tastefully renovated with modern finishes, floor to ceiling tiles and floating vanity.
Slumber away in one of two bedrooms, both with built in robes and back bedroom having direct access to the sprawling timber deck overlooking the low maintenance yard.
The easy-care yard means you won't be spending your weekends mowing away or slaving away in the gardens and can spend more time enjoying the lifestyle your new home offers.
Family or guests want to visit? Perfect!
Walk through the yard to self-contained guest accommodation with living space, kitchenette and bathroom. You can entertain your guests by the back deck and send them off to their own accommodation of a night, the ideal scenario.
Strategically positioned between the beach and the lake, Belmont is not just a place to live; it's a lifestyle. The convenience of local shops, the assurance of Belmont Hospital, and the proximity to the marina enrich everyday life, while the short 15-minute journey to Newcastle CBD means that the urban allure is never far away.
It's got the lot and offers incredible real estate value that's rarely seen around this Lake and Beachside location for less than $1m.
• Low maintenance cottage that has been tastefully renovated and refreshed
• Love the open plan living and dining with air conditioning
• Oversized kitchen with cupboards galore & overhead cabinetry
• Both bedrooms with large built-in robes and ceiling fans
• Relax & entertain mornings and afternoons on the front or back deck
• Enjoy weekends with guests and send them to the self-contained flat
• Accommodation with separate access, kitchenette and bathroom
• Easy care yard so you can spend more time living the lifestyle
• Convenient location close to water, shops, transport and hospital
Listing description written by Ben Casey, SOLD Real Estate — reproduced as published, not verified by Districts.
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