2/40 Settlement Road, Belmont, VIC 3216 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Settlement Road
Belmont VIC 3216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 305m2
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Property Details for 2/40 Settlement Rd, Belmont

2/40 Settlement Rd, Belmont is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 305m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in November 2013.

Building Type
Unit
Year Built
1990
Floor Size
99m2
Land Size
305m2
Local Government
Greater Geelong
Lot/Plan
2/PS337092

Last Listing description (December 2013)

Comfortable & Spacious Low Maintenance Living
Great for 1st home buyers, downsizers and investors this well presented and spacious home features Cathedral ceilings and open plan living. Comprising 2 generous bedrooms with BIR's, great size living area filled with natural light and neat functional kitchen with plenty of bench space perfect for the budding chef. The dining/meals area flows out to a spacious north facing entertaining area perfect to sit back, relax and enjoy. Gas heating provides year round comfort, secure SLUG and low maintenance yard perfect for pets. With everything at your fingertips including schools, shops and CBD, this home on its own title represents great value for any purchaser.

Property History for 2/40 Settlement Rd, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$276,000
30 Nov 2013
Listed for Rent
$180/w
29 Jul 2006
  • 30 Nov 2013
    Sold for $276,000
  • 28 Oct 2013
    Listed for Sale $260,000 - $280,000
  • 08 Jul 2006
    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 8,220 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 17 properties listed for sale, and 10 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 458 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.