22 Apex Avenue, Belmont VIC 3216
22 Apex Avenue, Belmont VIC 3216
Detached house on large established allotment | family-oriented renovated stock | strong commuter and school catchment demand | low-maintenance outdoor living
This property sits within a street that still holds its original suburban character, where older free-standing houses on generous lots remain the dominant form. The nearby renovated stock shows a clear pattern of modernised family homes with quality finishes, ducted heating and cooling, and secure, low-maintenance yards. That positions this property well for buyers seeking move-in-ready housing without the compromises of newer infill development. The area’s mix of established homes and select townhouse infill means the street retains a settled feel while offering practical access to High Street, Highton Village, and the M1. It serves best a family or upsizer wanting space, condition, and convenience in a middle-ring suburb with steady demand.
Value may be influenced by how the property compares to the recently renovated house on a similar-sized allotment nearby, which set a clear benchmark for presentation and land content. The presence of newer townhouses on the street could also shape buyer expectations, particularly if they see them as alternatives. Land size, quality of renovation, and the balance between indoor and outdoor living are likely to matter most. The flat, usable allotment and potential for future redevelopment in parts of Belmont may add a layer of interest for buyers weighing long-term options, though that would depend on zoning and site specifics. Condition and presentation will carry significant weight in a market where renovated family homes attract strong attention.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Apex Avenue, Belmont VIC 3216
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Belmont, in Greater Geelong, is a family-oriented market with high owner-occupancy at 62.8%. Demand is led by professional couples with children, reflecting stable household formation. House prices sit around $700,000, with annual growth between 0.4% and 2.4% and a recent quarterly fall of -1.1%. Units are the outperformer, up 8.57% over the year to a $570,000 median, supported by gross yields reaching 4.49%. Sales volumes remain steady at roughly 300 houses annually, with units adding another 109 transactions. Future growth is tied to units’ relative affordability and rental appeal, though house price stagnation and sensitivity to interest rates are key constraints.
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PropCred Estimated Value
Comparable Sales: 55A South Street sold March 2016 $696,400; renovated house on 666m² nearby listed as current benchmark | Property Price Band: $700,000–$800,000 | Value Drivers: land size, renovation quality, low-maintenance outdoor space
Bedrooms
5
Bathroom
2
Parking
3
Land
706m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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