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 › Fairbrae Ave
$911,000
Last sold
29 June 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
774 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
$911,000
29 June 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.
Vs Belmont
+15.7%
Median sale
Suburb $787,500
-0.45 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 McGrath Geelong | NewtownDiscover the potential of this mid-century classic awaiting rejuvenation. Nestled in this prime Belmont location situated on a corner allotment of over 770sqm approx. with views of the Highton Hills and Barwon River. This 3-bedroom home offers an ideal canvas for renovation enthusiasts or developers.
Each bedroom boasts built-in robes and ceiling fans for comfort. The central bathroom ensures convenience while the open-plan dining and living area welcomes ample natural light through expansive windows. Stay cosy year-round with heating and cooling options, including separate electric heating in the living area. The large and bright kitchen, adorned with north-facing windows, invites culinary creativity. A versatile family room, complete with a private shower and gas heating with evaporative cooling, adds flexibility to the layout.
Step outside to an inviting outdoor area, perfect for BBQs, soaking up the sun, and watching children play or dogs run around in the expansive garden. Parking is a breeze with two carports featuring lock-up roller doors, complemented by a third garage or workshop for added versatility.
Enjoy the short walk to the Barwon River, Balyang Sanctuary, and Barwon Valley Fun Park. Shopping is convenient with a 5-minute drive to either Highton Shopping Village or Belmont Shopping Village, and just 10 minutes to Waurn Ponds Shopping Centre or 15 minutes to Geelong CBD, Eastern Beach, and Geelong Train Station. Embrace the opportunity to transform this property into your dream home.
- Renovator's delight: mid-century classic.
- Three bedrooms with built-in robes and ceiling fans.
- Samsung H/C unit and Rinnai Electric heating in living area.
- Bright kitchen with north-facing windows.
- Family room with private shower and gas heating.
- Large outdoor area for BBQs, kids, and pets.
- Two carports and a third garage/workshop.
- Close to Roslyn Primary and Belmont High.
- Walk to Barwon River, Balyang Sanctuary, and fun park.
- 5-min drive to Highton/Belmont shops
Listing description written by Wayne Baker, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.