60 Settlement Rd, Belmont is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 501m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Situated in one of Geelong region's most popular suburbs, this property makes the perfect choice for a first home buyers wanting to do some renovations or investors, with a potential rental income of $360 per week. Minutes to the High St and Waurn Ponds shops and cafes, local schools, the Barwon River and only ten minutes to Geelong CBD and Torquay.
The weatherboard home is liveable as is, however offers the opportunity for renovations to further increase value or redevelopment/subdivision STCA.
Comprising formal lounge with a gas wall furnace, updated kitchen/dining with gas stove, three good sized bedrooms - one with built in robes, bathroom with separate bath and shower, separate toilet. Outdoors is a single carport and a large rear yard with a storage shed. Allotment approximately 501sqm. Put this one on top of your list to inspect, at this price point you don't want to miss out!
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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 8,211 properties. Over the last 5 years, Houses in Belmont have seen a 18.86% increase in median value, while Units have seen a 18.44% increase. As at 31 March 2026:
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