Belmont at a glance
15,286
People
$787,500
Median sale
$498/wk
Median rent
3.29%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Belmont › Boolarong Dr
$620,000–$680,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
1
Car spaces
329 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
Asking
$620,000–$680,000
Asking range · $1,884/m² of land
No recorded sale for this property.
Belmont at a glance
15,286
People
$787,500
Median sale
$498/wk
Median rent
3.29%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-21.3%
Median sale
Suburb $787,500
+0.89 pp
Gross yield
Suburb 3.29%
Suburb median $787,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$37,525 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Belmont's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $498/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.
Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Belmont at a glance
15,286
People
$787,500
Median sale
$498/wk
Median rent
3.29%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Oslo PropertyDefined: Blending high-end renovations and light-filled design across a private three-bedroom layout, this north-facing home offers a vibrant lifestyle on the edge of Geelong, pairing low-maintenance ease with exceptional local convenience.
Perfect for starting out or slowing down, the prime corner position unveils an open-plan configuration anchored by the warmth of a solid wood heater, with sliding glass connecting the inside and outside entertaining zones. Surrounded by the amenity-rich landscape of both Belmont and Geelong just beyond, the home sits within easy reach of parklands, public transport, and local cafes.
Considered:
Kitchen: Beautifully renovated with tile splashback, underbench oven, gas cooktop, dishwasher, dual sink, overhead cabinetry and open shelving, timber benchtop with breakfast bar overhang, fridge cavity with overhead storage, and corner pantry.
Open-Plan Living/Dining: A freestanding wood heater separates each zone, modern timber-like flooring, window banks with furnishings, ceiling fan, split-system heating/cooling unit, pendant light, and direct patio access via sliding door.
Master Suite: Walk-in robe, street-facing window with roller blind, plush carpet, and ceiling fan with light. Stylishly renovated ensuite with full-height tiled walls, walk-in shower with arched fluted screen and twin wall niches, an extended single vanity with underbench storage, circular mirror, and toilet.
Secondary Bedrooms: Two, each with similar proportions, window with furnishings, ceiling fan with light, and built-in robes. One features a striking green VJ panel feature wall with split-system heating/cooling unit.
Main Bathroom: In-built tub with tiled surround, sliding window with privacy glass, single vanity with underbench storage, wall mirror, towel rail, shower, and separate toilet.
Outside: Stretching a premier corner position of 329sqm (approx.), a sun-drenched patio with awning, raised veggie boxes, private and secure yard with lawn area, side pedestrian gate, clothesline, and rear storage area.
Luxury Inclusions: Instantaneous hot water system, ducted heating, split-system heating/cooling units, freestanding wood heater, ceiling fans, all-new flooring and carpet, full laundry, garden shed, and a single garage.
Close by Facilities: Wangala Primary School, Winter Reserve and Belmont Community Kindergarten, Bilby cafe, Waurn Ponds Shopping Centre, Oberon Primary School, Grovedale Township, High Street Shopping Precinct, Belmont High School, Highton Village, Geelong Ring Road, Geelong CBD, Geelong Train Station, and GMHBA.
Ideal For: Couples, downsizers, young families, first-time buyers and investors.
**All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information. Photo ID must be shown at all open inspections in order to inspect the property*
Listing description written by Lachlan Watts, Oslo Property — reproduced as published, not verified by Districts.