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VIC › Belmont › Iona Ave

18 Iona Ave, Belmont VIC 3216

House

$676,000

Last sold

11 Oct 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

432 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $676,000 (11 Oct 2024).(Recorded sale)
  • FactLand 432 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belmont (last 5 years) with land size: median $1,161/m² of land (n=49). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 4 (GRZ4) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$676,000

11 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,161/m² of land (n=49). Districts calculation from recorded sales — not a valuation.

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.

See the full Belmont report →

Vs Belmont

-14.2%

Median sale

Suburb $787,500

+0.54 pp

Gross yield

Suburb 3.29%

Suburb median $787,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 4

GRZ4

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 456151670

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$676,00011 Oct 2024
  2. Listedprice unknowncompleted2 Oct 2024
  3. Listedprice unknowncompleted2 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 4 · GRZ4 (ZN). Official parcel area about 433 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 4 · GRZ4 (ZN). Official parcel area about 433 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Belmont in one glance

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.

See the full Belmont report →

Keep researching

  • Why Belmont? Read the area thesis →
  • What else is on the market in Belmont →
  • Other records on Iona Ave →

Listing material

Listed by McGrath Geelong | Newtown

UNDER CONTRACT

This classic weatherboard home seamlessly blends original mid-century charm with modern comforts, making it a perfect opportunity to secure a home in the sought-after Belmont neighborhood. Situated on a low-maintenance corner block, the property offers immediate comfort in a sought-after location. Set in a peaceful, tree-lined street, this location promises an enviable lifestyle. Everything you need is just a stroll away-shopping, cafes, schools, parks, reserves and the picturesque Barwon River.

The home's charming façade is nestled amid beautifully established gardens, offering a warm welcome. Inside, a cozy atmosphere awaits, with the main living area featuring an original brick mantel, ornate cornices and large north- and east-facing windows that fill the room with natural light. Gas heating and split-system heating/cooling ensure year-round comfort. The heart of the home is the adjoining kitchen and meals area, boasting sleek white cabinetry, a 600mm Smeg stainless steel oven and cooktop, a breakfast bar and plenty of storage and bench space. Overlooking the backyard, it's ideal for keeping an eye on children or pets while they play. A second living area provides a quiet retreat.

There are three bedrooms, including a spacious master at the front with built-in robes and reverse-cycle heating and cooling. Two additional bedrooms are positioned on split levels at the rear. The family is well-accommodated with a central bathroom, separate shower room and separate WC for easy access. Outdoors, the yard offers a private haven with established greenery, This space provides ample off-street parking and storage.

Read the full description

The location is hard to beat, with Highton Village, High Street shopping, Roslyn and Clairvaux Primary Schools, Belmont High, sporting facilities and the Barwon River walking trail all within walking distance. Plus, you're just a 10-minute drive (approx.) to the Geelong CBD. Whether you're looking to move in, renovate, or invest, this property presents an exceptional opportunity in a highly desirable pocket of Belmont. Don't miss out!

- Classic weatherboard with modern updates

- Large windows, gas heating, split-system cooling

- Smeg oven, breakfast bar, ample storage

- Spacious master with built-in robes

- Off-street parking, garage

- Walk to shops, cafes, schools, parks

Listing description written by Georgia Ivanecky, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.