27 Olwen Ave, Belmont is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 659m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Perched on an elevated 650m2 allotment in a highly sought central Belmont location is this neat & tidy brick veneer ready & waiting to be snapped up! Consisting of 3 well-proportioned bedrooms, two with built in robes and complemented by a central bathroom with separate toilet. L-shaped lounge with gas heating adjoins dining and flows through to a functional kitchen with gas stove. Freshly painted and new blinds hung throughout ensure minimal ongoing maintenance to the savvy investor. Paved courtyard with overhead shade, overlooks the rear yard accessed via a double carport. Walking distance to Oberon High School, Oberon South Primary School & popular walking tracks & bike trails. Also convenient to a multitude of shopping plaza's including Waurn Ponds, Belmont & Highton while only being a few minutes from Geelong's CBD. This location is also a proven rental demographic with strong returns expected in the vicinity of $320-$330 per week.
The size of Belmont is approximately 9.2 square kilometres. There are 31 parks, covering nearly 24.7% of the 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 8,233 properties. Over the last 5 years, Houses in Belmont have seen a 11.65% increase in median value, while Units have seen a 11.43% increase. As at 30 June 2026:
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