Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Belmont › Settlement Rd

42 Settlement Rd, Belmont VIC 3216

House

3

Bedrooms

1

Bathrooms

3

Car spaces

735 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 735 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?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

No recorded sale price for this property yet.

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

$783,000

Median sale

$498/wk

Median rent

3.31%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Belmont report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Soldprice unknown18 June 2024
  2. Listedprice unknowncompleted24 Apr 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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

$783,000

Median sale

$498/wk

Median rent

3.31%

Suburb gross yield

Median sale from 15 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 Settlement Rd →

Listing material

Listed by McGrath Geelong | Newtown

Multiple Options to Enhance

Discover this inviting three bedroom, one bathroom home in Belmont, situated on a generous land size of approximately 735m2 with a northwest-facing aspect that bathes the living areas in natural light. The open-plan kitchen, lounge and dining space features a sleek kitchen with stone benchtops, a large five-burner gas stove top and an Omega electric oven, perfect for culinary enthusiasts. The dining area is enhanced by a wood fireplace, adding warmth and character to gatherings during cooler months, complemented by a gas heater in the lounge area for added comfort.

Enjoy the spaciousness of the main bedroom, complete with multiple built-in robes and a bay window, while ceiling fans in every bedroom ensure year-round comfort. The highlight of this home is the expansive rumpus room at the rear, boasting a small office, split heating/cooling system and charming timber paneling. This space also includes its own kitchenette, ideal for entertaining guests. Step outside to the covered outdoor entertaining area with a built-in BBQ, extending your living and entertainment space.

This home is the perfect opportunity for the first home buyer, builders or developers to take this property to the next level, whether be a home renovation or townhouse development (STCA). Conveniently located near the Princess Highway, this property offers easy access to all of Geelong. It's just a short five-minute drive to High Street for all your shopping needs, with excellent schools nearby as well as the Barwon River and Barwon Valley Golf Club all a short stroll away. The Geelong CBD, waterfront, hospitals and train station are all within a 10-15 minute drive, providing a lifestyle of comfort and convenience in this delightful Belmont home.

Read the full description

- Spacious three-bedroom home on a generous 735m2 (approx.) land size

- Northwest-facing aspect providing natural light in living areas

- Modern open-plan kitchen with stone benchtops

- Dining area features a cozy wood fireplace

- A gas heater in the lounge for additional comfort

- Main bedroom has built-in robes and a bay window

- Expansive rumpus room with a small office and kitchenette

- Covered outdoor entertaining area with a built-in BBQ

- Easy access to Geelong CBD and train station

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

Property features

  • Air Conditioning
  • Built-in Robes
  • Living Areas: 2
  • Study
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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