2A Francis StreetBelmont VIC 3216
Property Details for 2a Francis St, Belmont
2a Francis St, Belmont is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 808m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
Situated on 809m2 approx of GRZ4 zoned land, this allotment is an opportunity hard to come by. With a great rental return of $580pw across two leases, you can have confidence in the asset's return should you be waiting for planning approvals (STCA) should you choose to explore this option. It is positioned brilliantly with local shopping in Kmart and Coles a short walk away, the ever expanding caf and restaurant district of Belmont's High Street meters away and easy access to the Geelong CBD and the Surf Coast. The home itself offers a self- contained 1 bedroom unit at the rear and a 2 bedroom residence at the front with a large living space and central bathroom. Representing a multifaceted opportunity for investors or developers, the property also offers great potential for anyone looking to renovate and create a family home in an ideal destination.
Key Features:
Two leases returning $320pw & $260pw respectively
Property History for 2a Francis St, Belmont, VIC 3216
- 20 May 2022Sold for $710,000
- 24 Mar 2022Listed for Sale $695,000-$745,000
- 27 Aug 2021Listed for Rent $320 / week
Recent sales nearby
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0About 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.
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