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.
$2,060,000
Last sold
23 Feb 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
456 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
$2,060,000
23 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,729/m² of land (n=86). 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
+48.2%
Median sale
Suburb $1,390,000
-0.76 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 First National Real Estate Newcastle CityPresenting a once-in-a-lifetime opportunity, this four-bedroom, two bathroom home is now on the market for the first time since 1979, and its cherished legacy of 45 years is evident. Poised at the waterfront of Belmont Bay, adjacent to public reserve, and mere footsteps from the town centre, the location is nothing short of extraordinary. Immerse yourself in the enchanting ambiance as you enjoy breakfast in the company of swans at the lake's edge, followed by the convenience of launching your kayak or paddleboard right from your own backyard – an unparalleled experience awaiting this home's fortunate new owner. The sunsets over the water are also nothing short of magical here. Perched on a 456sqm block, you can move in and immediately enjoy this home's well-loved charm while planning some modern upgrades, or why not draw inspiration from neighbouring residences and plan a rebuild that truly befits this property's coveted blue-chip location (STCA).
- Absolute waterfront dual storey family home on 456sqm block with Mixed Use zoning
- Approximate block dimensions of 10.06m / 10.53m X 46.634m / 44.196m
- Set back from the street for privacy, introduced by three car garage
- Air-conditioned lounge and dining plus north facing sunroom opens to lake
- Modern kitchen/casual meals featuring gas cooktop, wall oven and dishwasher
- Four bedrooms and main bathroom upstairs, two open to lakefront sunroom and balcony
- Second full size bathroom, study nook and laundry on ground floor
- Just 170m from Belmont Wharf, potential to build your own jetty (STCA)
- 1200m – Belmont Public School, 2km – Belmont High, 2.8km - Belmont Christian College
- 350m to Belmont Citi shopping and town centre, 30mins to Newcastle CBD
- All building work subject to approval from Lake Macquarie Council
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by George Rafty, First National Real Estate Newcastle City — reproduced as published, not verified by Districts.