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20 Cheryl Crescent, Belmont$600,000
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20 Cheryl Crescent

Belmont, VIC 3216, Australia
$600,000
697 m²

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Listing description

About this property

A rare chance to secure an empty block with everything ready to go. This 697m² (approx.) parcel of land in the heart of Belmont is offered as two lots together, complete with approved plans and permits for two stylish townhouses. No demolition, no delays-just a clear site and a clear path to profit. The Details • Empty block - 697m² (approx.) • Two separate lots sold together • Approved plans for two contemporary 4 beds/2 baths townhouses Why Belmont? • Close to local schools, parks, and reserves, Deakin Uni, Epworth Hospital • Minutes from High Street shops and Waurn Ponds Shopping Centre • Quick access to Torquay Road and Geelong Ring Road. ROI Snapshot • Purchase Price: $615,000 - $645,000 • Potential Resale: $1.8M+ (two townhouses at approx. $850K-900k each) • Rental Income: $1,300/week combined Builders, investors, and future homeowners-this is your chance to buy smart and build fast.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
697 m²
Listed
3 months ago

Repayment calculator

$2,909/month
$1,454 /fortnight
Loan $480,000 at 6.10% over 30 years

Upfront costs

Deposit$120,000
Stamp duty$31,070
Conveyancing (est.)$2,000
Total upfront$153,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Belmont

This land in Belmont, VIC 3216 sits within reach of public transport, local shops and nearby schools. It is listed 9% below the $660,000 median of 54 comparable landswithin 5 km.

Schools near Belmont

  • Barwon Valley Schoolcombined · U · CoEd
  • Christian College Geelong - Junior School – Belmontcombined
  • Geelong English Language Schoolcombined · Prep-10 · CoEd
  • Belmont Primary Schoolprimary · Prep-6 · CoEd
  • Clairvaux Catholic Schoolprimary · Prep-6 · CoEd
  • Oberon Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Davis Street/Princes Highway (bus)790 m away
  • Blondies Hair559 m away
  • Glenbrae Reserve345 m away
  • Unnamed445 m away
  • Francis Reserve556 m away

Belmont at a glance

Full suburb profile
Population
15,066
Median age
37
Household income
$1,517/wk
Median rent
$350/wk
Median mortgage
$1,703/mo

Source: ABS Census.

Due diligence

Property Report

Crime & Safety

Complete

Total incidents

4,200

Estimated annual (2024-2025)

vs State average

Average

Recent trend

Stable

Incidents by category

Theft1,680
Assault840
Break and enter420
Malicious damage350
Motor vehicle theft210

Belmont, VIC experiences crime rates consistent with regional Victoria averages, with theft-related offences being the most prevalent category. The suburb maintains relatively stable crime patterns with no significant upward or downward trend. Community safety outcomes are comparable to similar sized regional centres across Victoria.

Source: StMate AI (based on BOCSAR data)07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Belmont price trend

Median sold · House 3 bed

Compound growth -0.2% / yr over 4 yrs

$728kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Belmont market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

Nearby Properties

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