Belmont, located within the scenic Lake Macquarie region of New South Wales, has experienced a dynamic housing market reflective of both local and broader Australian trends. Known for its picturesque views and relaxed lifestyle, Belmont has seen a consistent demand for residential properties, driven by its appealing blend of suburban tranquility and convenient amenities. The housing market here is characterized by a mix of established homes, modern apartments, and waterfront properties, attracting families, retirees, and professionals alike. Over recent years, the area has seen a moderate increase in property values, fueled by its desirable lakeside location and the continued urban development in and around Lake Macquarie. Market activity tends to be buoyed by the suburb’s access to quality schools, recreational facilities, and its close proximity to major transport links, which makes commuting to Newcastle or Sydney feasible for residents.
Living in Belmont offers a lifestyle that balances both leisure and community engagement. Residents appreciate the abundance of natural beauty, including the expansive Lake Macquarie, which provides numerous opportunities for water-based activities such as sailing, fishing, and kayaking. The local community is tight-knit and welcoming, with a variety of sporting clubs, community events, and markets that foster a strong sense of belonging. Belmont’s commercial center is well-equipped with shopping facilities, cafes, and restaurants that cater to diverse tastes and needs, ensuring convenience for everyday living. The suburb is also home to several well-maintained parks and the popular Belmont Wetlands State Park, offering ample space for outdoor adventures. With its harmonious blend of nature and urban convenience, Belmont continues to be an attractive location for those seeking a peaceful lifestyle without forgoing the benefits of modern living.
Median Weekly Rent | $381.83 |
Median Monthly Mortgage | $1996.50 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.33 |
Average Age | 48.38 |
Average Income | $732.29 |
Average Cars Per Dwelling | 1.75 |
Average Properties Within 50M | 42 |
Typical 1 bed house | $662,000 |
Typical 2 bed house | $704,000 |
Typical 3 bed house | $975,000 |
Typical 4 bed house | $1,290,000 |
Typical 5 bed house | $1,689,000 |
Typical 6 bed+ house | $2,069,000 |
Housing Stock
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Thinking about buying in Belmont? Now could not be a better time, with 5010 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $970,000 with prices in this suburb ranging from $158,000 to $8,521,000. Belmont is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Belmont are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Belmont provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Belmont to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Belmont we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Belmont a better buying opportunity than it may have been in the past.
Instant Property ValuationBelmont Public School
St Francis Xavier's Primary School
Belmont High School
Belmont Christian College
Jewells Primary School
Redhead Public School
Belmont North Public School
Floraville Public School
Valentine Public School
Marks Point Public School
(While the above schools are located with the suburb of Belmont there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 14.5 | 26.1 | 43.4 | 89.3 | 4.0 | 24.4 |
Feb | 0.9 | 14.4 | 25.8 | 44.7 | 91.2 | 3.6 | 20.1 |
Mar | 1.0 | 13.9 | 24.2 | 47.9 | 92.5 | 3.4 | 14.7 |
Apr | 1.4 | 10.8 | 21.7 | 47.8 | 93.1 | 2.8 | 11.2 |
May | 1.9 | 8.1 | 17.5 | 56.0 | 93.2 | 3.1 | 7.9 |
Jun | 1.7 | 6.3 | 14.5 | 66.2 | 95.2 | 2.8 | 6.6 |
Jul | 1.5 | 6.6 | 14.5 | 61.2 | 93.3 | 3.6 | 7.6 |
Aug | 1.7 | 6.3 | 14.9 | 57.1 | 93.8 | 3.6 | 10.0 |
Sept | 1.8 | 7.8 | 17.8 | 50.8 | 93 | 3.7 | 14.4 |
Oct | 1.4 | 9.2 | 19.9 | 46.7 | 92.7 | 3.8 | 18.3 |
Nov | 1.3 | 10.8 | 21.9 | 46.4 | 92.7 | 3.7 | 22.3 |
Dec | 1.2 | 12.7 | 24.5 | 44.3 | 91.2 | 3.8 | 25.1 |
source: Australian Government Bureau of Meteorology
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