31 Ernest Street, Belmont, NSW 2280 | Property Value & History | OnTheHouse
OFF MARKET

31 Ernest Street
Belmont NSW 2280

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 145m2
Land area: 856m2
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Property Details for 31 Ernest St, Belmont

31 Ernest St, Belmont is a 3 bedroom, 2 bathroom House. The property has a land size of 856m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Floor Size
145m2
Land Size
856m2
Local Government
Lake Macquarie
Lot/Plan
5/O/DP9457

Last Listing description (February 2021)

Located in the heart of Belmont with close proximity to Belmont CBD we offer a dual-income opportunity with the potential for further income.

Located Only,
- 550m to Belmont Central Shopping Center

- 650m to Lake Macquarie Yacht Club
- 150m to St Francis Primary School
- 180m to Fernleigh Track

With two tenancies currently in place, this two unit combination is perfect for the savvy investor.

Unit 1,

- Two generous sized bedrooms
- Large kitchen with ample storage
- Original bathroom
- Carpeted living room with an abundance of natural light
- Currently returning $270 per week

Unit 2

- One generous sized bedroom
- Kitchen & dining combined
- Updated bathroom
- separate lounge
- Currently returning $240 Per week

This property is zoned B4 multi-use and given the 852.4sqm block, this opportunity won't last long, Whether you are looking for a dual-income investment a business front, or a development I would encourage you to make contact today.

Property History for 31 Ernest St, Belmont, NSW 2280

A timeline of how this property has performed in the market
Last Sold
$723,000
26 Feb 2021
  • 26 Feb 2021
    Sold for $723,000
  • 16 Feb 2021
    Listed for Sale AUCTION PREVIEW
  • 03 Jul 2012
    Sold for $355,000
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About Belmont 2280

The size of Belmont is approximately 10.4 square kilometres. It has 11 parks covering nearly 3.8% of total area. The population of Belmont in 2016 was 7114 people. By 2021 the population was 7289 showing a population growth of 2.5% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation.In 2021, 66.10% of the homes in Belmont were owner-occupied compared with 66.10% in 2016.

Belmont has 4,182 properties. Over the last 5 years, Houses in Belmont have seen a 52.89% increase in median value, while Units have seen a 31.65% increase. As at 31 January 2026:

  • The median value for Houses in Belmont is $986,977 while the median value for Units is $703,220.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 20 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 2280

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.