1/5 Rigo Street, Belmont, VIC 3216 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Rigo Street
Belmont VIC 3216

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 1/5 Rigo St, Belmont

1/5 Rigo St, Belmont is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2017
Local Government
Greater Geelong
Lot/Plan
1/PS738301

Last Listing description (April 2023)

Perfect Position in Brilliant Belmont

Welcome to this glorious, illuminated, single-storey townhouse where you'll find:

- Open-plan living/kitchen/dining (incl. new S/S) complete with:

- A chef/home-cook's dream: massive modern kitchen with gleaming subway tiles, an abundance of storage space, brand new bench top, and 900mm gas cooktop/electric oven, plus DW
- Spacious master bedroom with WIR, ceiling fan, and gleaming ensuite (incl. oversized shower, vanity, and W.C.)
- Additional x2 spacious bedrooms both with ceiling fans: 1 bedroom with BIR; the other features a separate entrance from front of home, making it ideal for running a home business!
- Generous central modern bathroom and laundry
- Private outdoor, covered entertainment deck
- Single carport
- Low maintenance gardens with side access.

Situated moments from Belmont High Street, Highton village, and all the local schools, shops, cafes, and public transport this area has to offer-you can't get any better than this! First-home buyers, down-sizers, and investors take note!

For the investors: property is tenanted on a month-by-month basis @ $380p/w. Current rate projections are $510-530p/w, and tenant is willing to meet price increase to hold property. Truly, this tenant is amazing! If you'd like a tenant review or feedback from the agency/property manager/owners, please ask myself, Kieran, as they have all told me they'd be happy to provide.

Property History for 1/5 Rigo St, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$637,500
14 Mar 2023
  • 14 Mar 2023
    Sold for $637,500
  • 20 Dec 2022
    Listed for Sale $645,000 - $690,000
  • 17 Nov 2016
    Listed for Rent - Price not available
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About Belmont 3216

The size of Belmont is approximately 9.2 square kilometres. It has 31 parks covering nearly 24.7% of total area. The population of Belmont in 2016 was 14054 people. By 2021 the population was 15066 showing a population growth of 7.2% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily couples with children 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, 62.80% of the homes in Belmont were owner-occupied compared with 64.50% in 2016.

Belmont has 8,211 properties. Over the last 5 years, Houses in Belmont have seen a 18.86% increase in median value, while Units have seen a 18.44% increase. As at 31 March 2026:

  • The median value for Houses in Belmont is $793,668 while the median value for Units is $536,662.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 7 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 455 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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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.