53 James Street, Belmont VIC 3216

53 James Street, Belmont VIC 3216
3 bedroom, 1 bathroom triple fronted brick veneer house on approximately 646 square metres of land with timber floors and a renovated interior. Single level construction from the 1960s with 2 car spaces. This property is competitively positioned as a move in ready home in a central suburb, offering a renovated interior that removes the need for immediate work. The triple fronted facade provides strong street appeal, and the land size is generous for the area. It serves first home buyers and young families best, as the configuration and condition reduce the friction of an older home. The property sits slightly above the median for the suburb, justified by its updated finishes and location convenience. The single bathroom configuration may limit appeal for some families, and the conflicting land size data across sources suggests a buyer should verify the title. The 68 kilometre distance from the CBD might affect resale demand for buyers who require frequent city access. The renovated status could mask underlying issues common to 1960s construction, so a building inspection is advisable. The property’s price positioning may reflect its finish quality rather than land value alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 53 James Street, Belmont VIC 3216
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
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Market Insight

Belmont presents as a stable, family-oriented suburb with a high rate of owner-occupancy, underpinned by a professional demographic. Demand is driven by these established households, with the unit segment showing notably stronger recent performance. Overall house price growth has been modest, with the market demonstrating steady turnover. Future prospects are supported by consistent sales activity and solid rental demand, though broader affordability pressures and interest rate sensitivity present ongoing constraints to stronger capital growth.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

632m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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