124 Settlement Road, Belmont, VIC 3216 | Property Value & History | OnTheHouse
OFF MARKET

124 Settlement Road
Belmont VIC 3216

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 624m2
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Property Details for 124 Settlement Rd, Belmont

124 Settlement Rd, Belmont is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1945. The property has a land size of 624m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1945
Floor Size
150m2
Land Size
624m2
Local Government
Greater Geelong
Lot/Plan
8/LP22451

Last Listing description (October 2023)

Providing a strong foundation for the future, this brick, 3 bedroom + studio residence merges the undeniable lifestyle appeal of proximity to Waurn Ponds Plaza, High Street & the Surf Coast with the potential to add considerable value whenever you're ready. Partially refurbished, currently livable and capable of generating a rental return, the home is ready for some bathroom inspiration and set on a deep allotment of 624 sqm (approx).

Under soaring ceilings with polished boards under foot, the home flows past a pair of generous bedrooms, main living area with a gas fireplace, a stone-topped kitchen with a 900mm oven/cooktop and a traditional bathroom. Beyond the backdoor, a substantial self-contained studio perfect for the work from home space or teenagers retreat. The backyard is a strong assets that exude a solid sense of further potential to extend (STCA).

Split system air conditioning and gas heating keep the home comfortable year-round, while a shed, workshop and lock up garage adds convenience and flexibility.

Whatever you choose, this is a location to reward your vision.
Perfectly positioned within minutes to Quality Schools, High St Shops, Waurn Ponds Shopping Centre, Leisurelink Aquatic Centre, Deakin University, Epworth Hospital and the M1 taking you to Melbourne in under an hour, this very convenient and low maintenance home, this is a location with extraordinary family appeal.

Property History for 124 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$567,500
28 Sep 2023
  • 28 Sep 2023
    Sold for $567,500
  • 13 Sep 2023
    Listed for Sale AUCTION
  • 09 Aug 2018
    Sold for $495,000
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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 8,216 properties. Over the last 5 years, Houses in Belmont have seen a 27.53% increase in median value, while Units have seen a 23.36% increase. As at 30 November 2025:

  • The median value for Houses in Belmont is $765,219 while the median value for Units is $536,605.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 447 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.