Belmont North

POSTAL CODE: NSW, 2280
HOUSE

BELMONT NORTH, 2280 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling BELMONT NORTH, 2280 values up and netting property investors a capital gain of 13.11% for the past year.

Investors saw the median home price rise to $1,035,000.

Profits due to an upward trend in home prices in the suburb averaged 11.36% per annum over a 3-year period.

BELMONT NORTH now ranks at the 270th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BELMONT NORTH are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $680 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BELMONT NORTH, homes and units usually stay on listing for an average of 39.8 days.

In 2016, 105 properties were sold in BELMONT NORTH during the past year, making it the 1436th most active market in NSW based on total real estate transactions.

Surburb overview

Belmont North is a residential suburb in the City of Lake Macquarie, NSW, with postcode 2280, situated south of Newcastle between Jewells, Floraville, Belmont and Redhead. The suburb is about 18 kilometres south-west of Newcastle’s central business district, with the Pacific Highway providing an important road connection through the area.

The 2021 Census recorded 6,335 residents in Belmont North, with the suburb comprising established residential neighbourhoods alongside bushland and open space. The median age was 42, while separate houses accounted for the majority of occupied private dwellings. Australian, English, Irish and Scottish were among the most commonly reported ancestries at the 2021 Census.

Belmont North does not have a railway station, with residents relying on buses, private vehicles or connections to railway stations elsewhere in the Newcastle and Lake Macquarie area. Bus services operate through Belmont North and provide connections to Belmont, Charlestown, Newcastle, and other surrounding suburbs.

Belmont North Public School provides primary education within the suburb, while nearby secondary education options include Belmont High School.

Residents have access to local shops and services, while larger retail centres are available in Belmont and Charlestown. Nearby healthcare facilities include Belmont Hospital, with medical centres, pharmacies and allied health services also operating throughout Belmont and surrounding suburbs.

Belmont North adjoins areas of bushland associated with Belmont Wetlands State Park, which extends between Lake Macquarie and the coastline. The park contains wetlands, coastal vegetation and a network of tracks used for walking, cycling and other permitted outdoor activities.

Nearby Redhead Beach provides access to the Pacific Ocean for swimming, surfing and beach-based recreation, with patrolled areas operating during designated periods. Lake Macquarie lies to the west of the suburb, providing further opportunities for boating, fishing and other water-based activities in neighbouring Belmont.

Local parks and sporting facilities provide additional recreation spaces within Belmont North, while larger reserves and foreshore areas are accessible throughout the surrounding Lake Macquarie district.

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