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.
$770,000
Last sold
2 Feb 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
544 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
$770,000
2 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Belmont (last 5 years) with land size have a median of $1,748/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
-44.6%
Median sale
Suburb $1,390,000
+1.88 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 SOLD Real EstateYou know what we are going to say next, because it's the biggest cliche in the business, but it's true, this is a "LOCATION, LOCATION, LOCATION" property!
It's definitely not the prettiest property in town, but it's right in the sweet spot, literally seconds from the waters edge of Lake Macquarie, with the Belmont 16s, Marthas, gorgeous cafes, restaurants and everyday shops and conveniences just strolling distance from home!
Promising potential plus, This cutesie cottage, just a few doors from the edge of the lake, offers multiple possibilities. With a level almost 550m² block and a generous 12m+ frontage, this property is a rare affordable find in a prime Belmont location. Whether you're ready to renovate & reimagine or start fresh with a new build, the opportunity for instant equity and lifestyle enhancement is right here!
Retirees, This is your chance to build a single-level forever home on a completely flat block. Enjoy the ease of lakeside living with room for all your modern comforts. The location couldn't be better – close to shops, the lake, and everything Belmont has to offer.
For Families, Design your dream home without the worry of over-capitalizing! This block has space for a growing family, and the location is unbeatable. Imagine creating the perfect backyard, filled with sun year-round, and a home designed just the way you want it.
For Investors, With Belmont's growth and increasing demand, this is a smart move. Give the cottage a little TLC, rent it out, and hold onto it as a valuable land bank for the future. The area is booming, making this a solid investment in a rising market.
First Home Buyers, Stop waiting for the "perfect" house and start turning this into your own! This cottage is your chance to enter the market in an incredible location. Embrace the fun of a renovation project and turn this golden oldie into a shiny new gem with your personal touch.
Here's What You'll Love:
+ Flat, Level Block: The dream of easy building or extending for all builders
+ Prime Location: Just a few doors from the lake's edge, where everyone wants to be.
+ Enjoys sunlight from the North year round & cool N/E Breeze through the home in summer
+ Generous Frontage: Over 12m wide, accommodating most modern home designs.
+ Charming Cottage Character: Keep the nostalgic look & add an extension out the back
+ Large Main Living Area, featuring two large bedrooms, main bathroom & Kitchen dining
+ Single Garage at Rear with side access Plenty of room for cars, boats, or a workshop.
+ Easy drive to Newcastle CBD or a 90-minute trip to Sydney via the Pacific Highway.
+ Great Schools Nearby: Close to Belmont Christian College, Belmont High, and local primary schools.
Recent sales on this street have reached $1.6M, showing the potential value you can unlock.
Don't miss this rare chance to secure a prime piece of real estate, ready for you to shape into whatever you can dream up!
So here's to a very bright future and a purchase price that will leave you plenty of change to take this property to the next level.
With motivated sellers, we're not mucking around - this will sell, so get in and put your best foot forward...
See you soon :)
*Marketing, costs and advertising disclaimer, rely on your own research and investigations. All changes STCA
Listing description written by Ben Casey, SOLD Real Estate — reproduced as published, not verified by Districts.