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VIC › Belmont › Francis St

24B Francis St, Belmont VIC 3216

House

$685,000

Last sold

11 Dec 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

310 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 $685,000 (11 Dec 2020).(Recorded sale)
  • FactLand 310 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=50). 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 · 1 Sept 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

$685,000

11 Dec 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.

See the full Belmont report →

Vs Belmont

-13.0%

Median sale

Suburb $787,500

+0.49 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: 1 Sept 2026
  • Version: 1
  • Parcel: 426916884

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$685,00011 Dec 2020
  2. Listedprice unknowncompleted13 Nov 2020
  3. Listedprice unknowncompleted13 Nov 2020

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 376 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 376 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 Francis St →

Listing material

Listed by Hayeswinckle East Geelong

Modern living in the perfect location!

Only one year old! This beautiful modern 4 bed, 2 bath, 2 living, Double lock up garage home set on 310m2 is located in one of Geelong's most convenient locations. Whether you are a growing family, young couple starting out, downsizer or savvy investor with a rental return of $550.00 pw approx, this property is a must to inspect! On entry you are greeted by spacious open plan living equipped with timber style flooring, led downlights, ceiling fan, block out blinds, Brivis ducted heating/cooling and Stirling split system heating/cooling. Sliding glass doors open to the light filled, well fenced rear courtyard perfect for summer entertaining or kids to enjoy. The second living room offers a sliding door for privacy and would make an ideal personal home cinema room. The spacious kitchen/meals area seating up to 8 features a large island bench with Dual sink and stone finish, Westinghouse dish washer, oven & 5 Burner gas cook top with range hood , glass splashback and ample cupboard space. To the rear of the home is the great sized main bedroom boasting a large walk in robe, ceiling fan and block out blinds. The stylish ensuite maximises it's space with single vanity, toilet, large shower and heat lights. Down the hall you will find 3 further bedrooms all with BIR's Ceiling fans and block out blinds. The main bathroom has a great sized bath, single vanity, corner shower and heat lights. Magnificent modern features aside, the desirable location truly sets this home apart from others enjoying one of Belmont's premium positions that offers an enviable lifestyle. Only minutes' drive to GMHBA Stadium (the home of the Geelong Football Club) a short walk to High Street shopping precinct, medical clinics, supermarkets and public transport., within close proximity to Geelong Ring Road taking you to Melbourne under an hour, world class Deakin University, Epworth Hospital, and the Surf Coast only 15 minutes away this central position has it all.

Features:

-1 year old modern living

Read the full description

-Double lock up garage

- Brivis ducted heating/cooling

- Stirling split system heating/cooling

-2 living areas

-Close proximity to Geelong CBD

*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 Yan Lin, Hayeswinckle East Geelong — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
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.