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 › Tettenhall Ridge
$600,000
Last sold
19 Aug 2020
4
Bedrooms
2
Bathrooms
4
Car spaces
705 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
$600,000
19 Aug 2020 · 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=50). 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.
Vs Belmont
-23.8%
Median sale
Suburb $787,500
+1.03 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 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.
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
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 Hayeswinckle East GeelongSet high on Tettenhall Ridge this two-story home would suit a growing family or keen investor with a potential rent of $470 pw, wanting a blue chip home well located close to schools, leisure activities and the Waurn Ponds shopping precinct.
Set on 705m2 elevated block this home comprises of an open plan living downstairs which flows onto the newly renovated dining space with polished concrete flooring. The brand new renovated kitchen is equipped with new benchtops, wall oven and microwave space, a near new Fisher & Pykel dishwasher, gas cooktop with exposed rangehood, large pantry and built in dining table.
Down the hall you will find an updated laundry with outside access and a separate toilet. 3 good sized bedrooms, all with new carpet and ceiling fans, 2 bedrooms equipped with BIR storage.
Upstairs you will find a second family living room with Coonara wood heater, a 7.4KW Fujitsu reverse cycle split system for all year-round comfort. There is also a front balcony with views back to the Waurn Ponds creek, regional baseball fields and the Waurn Ponds shopping precinct.
The master bedroom is also located on the second level and offers his and hers BIR storage and a handy ensuite with large shower, vanity & W.C. There is also a side balcony looking over the rear back yard and established trees.
Outside you will find a good-sized rear yard ideal for children or your four-legged friend. There is also an undercover pergola with new lazer light roofing making this a great space for outdoor entertaining.
There is ample parking in the driveway with two spaces undercover and multiple garden sheds for the keen gardener.
This great blue-chip home is ideally located on the border of Belmont and Waurn ponds,
walking distance to the library, Leisurelink & the shopping precinct, all with easy access to schools, public transport and the Ring Road.
FEATURES
• 7.4 KW Fujitsu Split system
• Vulcan Heater & Wood Coonara
• Polished Concrete Floors
• Newly updated Kitchen
• Bus Stop on doorstep
• Rent pw $470 apx.
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Stacey Billerwell, Hayeswinckle East Geelong — reproduced as published, not verified by Districts.
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