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Belmont

POSTAL CODE: VIC, 3216
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BELMONT ranks 530th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 1.58% for the past year is lower than average compared to its 15.74% growth within a five-year period.

Also in BELMONT, the median home price is sitting at $706,000, and the average rent at $510, this suggests property owners could potentially earn a 3.76% increase in gross rental yield.

Property investors have seen a 0.86% gain in BELMONT based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.23% growth over a ten-year period. It ranks 2531st on our list of suburbs that property investors should look into.

Surburb overview

Belmont is a well-established suburb of Geelong in Victoria, located approximately 4 kilometres south of the Geelong central business district and about 75 kilometres south-west of Melbourne. Positioned on the southern side of the Barwon River, it forms part of the City of Greater Geelong and is one of the region’s larger and more populated residential areas.

According to recent census data, Belmont has a diverse population with a mix of families, professionals, and retirees, and a median age close to the national average. The suburb features a broad housing mix, including post-war and late 20th-century detached homes, as well as newer townhouses and unit developments reflecting ongoing urban infill.

Public transport options include regular bus services connecting Belmont to central Geelong and surrounding suburbs, while nearby South Geelong railway station provides V/Line train services to Melbourne and regional centres. Road connectivity is supported by key routes, such as Barwon Heads Road and Settlement Road, which facilitate access to the Geelong CBD, the Surf Coast, and the Bellarine Peninsula.

High Street serves as the main commercial strip, offering a range of retail stores, supermarkets, cafes, and essential services to meet residents' daily needs. Educational facilities in Belmont include several primary schools and Belmont High School, with additional schooling and tertiary options available in neighbouring suburbs and central Geelong, including Deakin University.

Recreational amenities are a notable feature, with access to the Barwon River providing walking and cycling trails, as well as nearby parks, reserves, and sporting clubs. The suburb also offers proximity to major attractions such as the Kardinia Park sporting precinct and coastal destinations within a short drive.

Belmont continues to experience steady demand due to its combination of established infrastructure, access to services, and location within the broader Geelong urban area.

 

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