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.
$1,102,000
Last sold
21 Feb 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
634 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
$1,102,000
21 Feb 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+39.9%
Median sale
Suburb $787,500
-0.94 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 | NewtownPerfectly positioned in one of Belmont's most desirable streets, 34 Iona Avenue presents an exceptional opportunity to secure a fully renovated family residence offering space, style and flexibility across two generous levels.
Thoughtfully updated to maximise natural light and indoor–outdoor connection, this impressive four-bedroom, three-bathroom home delivers contemporary comfort with timeless appeal. Ideal for families, professionals or multi-generational living, the home is complemented by superb entertaining areas, ample storage and double garage.
At the heart of the home, the open-plan kitchen, meals, and living domain is a standout. Featuring sleek, timber benches, quality appliances, ample storage and warm timber finishes, this space flows seamlessly to an elevated outdoor entertaining deck, perfect for alfresco dining while enjoying leafy outlooks and sunset views.
Accommodation is generous and well-zoned. The master suite is a private retreat complete with walk-in robe and stylish ensuite, while additional bedrooms are serviced by a beautifully appointed family bathroom showcasing modern fixtures, feature tiling and a freestanding bath. The lower-level bedroom includes its own ensuite, making it ideal for guests, teenagers or extended family.
Designed for modern living, the home also offers a separate office excellent storage throughout and a landscaped allotment of approximately 634 sqm.
Set moments from Belmont's shopping precinct, schools, parks, cafés and the Barwon River, with easy access to Geelong CBD and the Surf Coast, this is a home that truly delivers on lifestyle and location.
- Fully renovated family residence
- Four spacious bedrooms, three modern bathrooms
- Lower-level bedroom with private ensuite
- Luxurious master suite with walk-in robe and ensuite
- Open-plan kitchen, living and meals with premium finishes
- Elevated outdoor entertaining deck with leafy outlooks
- Dedicated home office
- Double garage and excellent storage
- 8.8kw solar system
- 634 sqm (approx.) allotment
- Sought-after Belmont address close to all amenities
Listing description written by Jim Cross, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.