5 The Avenue Belmont VIC 3216
Property Details for 5 The Avenue, Belmont
5 The Avenue, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 804m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (June 2021)
This rare opportunity to develop in a prime location includes planning permits for the development of 3 meticulously planned modern townhouses, all with North facing living areas and outdoor spaces for maximum energy efficiency. The current owners have spent a lot of time and money to devise the perfect project for someone to follow through and reap the benefits.
All dwellings have street frontage, something not possible on a standard block with only one street front. The designs are intended to blend into existing area/character, approximately 3/4 brick veneer and 1/4 weatherboard facades. The corner block avoids shared driveways by utilizing the dual street boundaries.
The existing home is 3 bed 1 bath, 2 living and is currently tenanted. Approved plans and permits are available on request.
- Lot 2; 201.5sqm,
- Lot 3; 247.5sqm
Don't miss a prime opportunity to develop in this HOT, blue chip Belmont locale, stroll to the local shops or simply savor the enviable lifestyle many enjoy in this popular river precinct. Less than 3 minutes' drive to Highton Village, Belmont High Street, Roslyn Primary, Belmont High, Barwon Rivers walking/cycling tracks, park and reserves.
Location is everything and with plans and permits approved for 3 townhouses, all that is left is for you to develop, sell and bank the profits!
*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 5 The Avenue, Belmont, VIC 3216
- 13 Mar 2021Sold for $855,000
- 12 Feb 2021Listed for Sale Auction
- 23 Aug 2018Listed for Rent - Price not available
Recent sales nearby
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0About Belmont 3216
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 8,213 properties. Over the last 5 years, Houses in Belmont have seen a 12.60% increase in median value, while Units have seen a 17.22% increase. As at 31 May 2026:
- The median value for Houses in Belmont is $796,736 while the median value for Units is $552,403.
- Houses have a median rent of $525 while Units have a median rent of $450.
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