All About Belmont, Greater Geelong, VIC, 3216

Belmont, located in Greater Geelong, Victoria, has continued to capture the attention of homebuyers and investors alike in recent years due to its appealing blend of affordability, proximity to urban centers, and community-focused living. The housing market in Belmont has seen moderate but consistent growth, reflecting broader trends across the Geelong region. With a mix of post-war homes, modern townhouses, and increasingly popular renovated properties, Belmont offers a diversity of housing options to cater to various tastes and budgets. The suburb's relative affordability compared to Melbourne’s skyrocketing prices has also made it a pragmatic choice for first-time buyers and young families. Additionally, as Geelong's infrastructure continues to improve, with better transportation links and amenity developments, property values in Belmont are expected to remain stable with potential for future growth.

Living in Belmont comes with a serene suburban lifestyle complemented by a wide array of amenities and natural attractions. Residents enjoy easy access to parks, such as the picturesque Barwon River trails, which offer abundant opportunities for outdoor activities like cycling, jogging, and picnicking. With several shopping precincts, including the Belmont Shopping Village, locals find convenience in everyday errands and an array of dining options. The community is well-served by educational institutions, both primary and secondary, making it particularly appealing to families. Furthermore, Belmont's friendly and tight-knit community atmosphere, combined with a strong sense of safety, adds to its charm as a desirable place to live. Its proximity to Geelong’s city center provides additional cultural and economic benefits, making Belmont not just a place to reside, but a thriving community within commutable distance to Melbourne.

Belmont Real Estate Market Outlook

Thinking about buying in Belmont? Now could not be a better time, with 9391 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $943,000 with prices in this suburb ranging from $229,000 to $115,757,000. Belmont is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Belmont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Belmont are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Belmont provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Belmont requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!