Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
NSW › Belmont › Spinnaker Ridge Way
$740,000
Last sold
16 Oct 2020
5
Bedrooms
3
Bathrooms
4
Car spaces
737.6 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
$740,000
16 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,730/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Belmont
-46.8%
Median sale
Suburb $1,390,000
+2.05 pp
Gross yield
Suburb 2.33%
Suburb median $1,390,000 from 24 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $623/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Belmont at a glance
7,390
People
$1,390,000
Median sale
$623/wk
Median rent
2.33%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Presence Real EstateLocation, location and space, space this property has both.
Bordering lush natural bushland, this large brick and tile home offers family buyer's maximum versatility, a spacious layout and absolute privacy. Unfolding over two levels, the design allows the family to come together to entertain and socialise in a choice of formal and casual living spaces, as well as offering enough breakout zones to be able to find a peaceful corner to relax and unwind. Built in 1989, it is clear to see the potential in this much-loved home. With a layout that really works, you can modernise and restyle to your own taste.
Wake to the sounds of native birds, enjoy breakfast on the covered deck, or take a dip in the solar heated pool. The island kitchen sits at the heart of the home, making it the focal point for family life. There's ample parking for vehicles and watercraft with an oversized double garage and second driveway. Multi-generational families will love the way the 5-bedroom, 3-bathroom accommodation is split over each level, while tradesmen will be impressed by the workshop and abundance of storage/utility spaces.
All around Belmont there are unlimited water activities including sailing and fishing, pristine uncrowded beaches and spectacular bushwalks as well as a myriad of sporting clubs, bars and eateries in a vibrant day-night destination in which to live, relax and entertain.
- Double storey brick and tile home on 737sqm parcel adjoining natural bushland
- Air-conditioning, gas heating and ceiling fans provide climate control
- Air-conditioned master bedroom with walk-in robe and updated shower ensuite
- Large formal lounge adjoining a formal dining room
- Family room opens to deck overlooking the inground pool and natural bush land
- Media room with designed potential as guest accommodation
- Island kitchen with gas cooktop and dishwasher
- Family friendly 3-way bathroom, toilet, and vanity area
- Spacious laundry / pantry on upper level
- Third bathroom and second laundry downstairs
- Extra-large double garage plus abundant parking for boat or caravan or motorhome
- For the potential home business this home has; 20-amp welding outlet downstairs with 1-ton overhead gantry crane in garage
- Just 1km from Belmont Hospital; 2km to Belmont 16ft sailing club
- Only minutes' drive to central Belmont for convenient shopping and everyday essentials and lakeside dining
- Abundant room downstairs for a gym or home theatre
- Easy access to two arterial roads and Pacific Highway
*Health & Safety Measures are in Place for Open Homes & All Private Inspections
*All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property.
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
Listing description written by Danny Salter, Presence Real Estate — reproduced as published, not verified by Districts.