3/8 Cheryl Crescent, Belmont, VIC 3216 | Property Value & History | OnTheHouse
OFF MARKET

3/8 Cheryl Crescent
Belmont VIC 3216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 59m2
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Property Details for 3/8 Cheryl Cres, Belmont

3/8 Cheryl Cres, Belmont is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 59m2.

Building Type
Unit
Year Built
1970
Land Size
59m2
Local Government
Greater Geelong
Lot/Plan
5/RP5528

Last Listing description (July 2024)

This is a brilliant entry level property, an affordable downsizer, and a conveniently located investment. The unit has been neatly refurbished and is ready to immediately move in to. The property is privately positioned and capitalises on the north facing aspect, which fills the living area with generous natural light.

The open plan design boasts a spacious kitchen which directly over looks the lounge area, fully integrating the main living space. The master bedroom features built in robes and direct access to the bathroom, which doubles as an ensuite. The wet area of the property includes the bathroom, laundry and a separate toilet.

The location is close to parkland, offers direct access to the Surf Coast Highway and is only moments from the Waurn Ponds Shopping centre, High Street Belmont, and the Geelong city centre. The proximity to Deakin University makes the property ideal for the student who likes their own space, and is ideal for the investor wishing to purchase a great value investment.

- Recently refurbished including new carpet
- Open plan design with a north facing aspect
- Conveniently located close to major amenities

Potential rent return at $330-$340 per week. To discuss in further detail please contact Emily Reid on 0477 922 969.

Property History for 3/8 Cheryl Cres, Belmont, VIC 3216

A timeline of how this property has performed in the market
Listed for Rent
$290/w
26 May 2022
  • 15 Mar 2024
    Listed for Sale $275,000 - $295,000
  • 12 May 2022
    Listed for Rent $290 / week
  • 17 Aug 2016
    Listed for Rent $210 / week
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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 11 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 456 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.