QLD Registered Law Firm, LEAD Conveyancing

Conveyancing Works + Solicitor included in fixed fee.

Get a FREE quote prepared by Kristy Fletcher LLB

Lead Legal Services Pty Ltd (ABN 86 640 514 558)
Proud to be a registered conveyancing law firm.

1. Send us a copy of the contract & when you’ll make an offer
2. Tell us when you’d like to settle on the property
3. We’ll achieve a satisfactory outcome for you

1. Send us a copy of the contract or instruct us to draft it
2. Tell us more about the property you’re selling
3. We’ll achieve an on-time settlement for you

1. Let us know what you are proposing to do;
2. We will tailor the purchase and sale contracts to fit your particular requirements and timeline; and
3. We will provide you with a seamless transition from home to home.

About Belmont (statistics and facts)

Belmont is a suburb situated in the outer part of Brisbane in Queensland. It covers a 10km² land area and was established in the year 1894. It is situated 13km from Brisbane and has a population of about 4,374 according to the 2016 Census of Population and Housing in Australia. Old Cleveland Road and the Gateway Motorway, which are main roads in Brisbane, cross at an intersection in Belmont. 

There are blocks of bush and rural properties that are largely underdeveloped in Belmont. Notwithstanding, some developed residential estates also exist. Indigenous people of Belmont camped in creeks and hills and also hunted there. This happened before and after the Europeans settled in the area. 

About 73% of people living in the area are nationalized Australians However, the are residents who were born in New Zealand, England, China, South Africa, and India. However, a majority of the people amounting to about 80%, speak only English. 

• There are many parks in the Belmont suburb
• The Belmont rifle range is very popular and was used for shooting events in the 1982 and 2018 commonwealth games
• No schools within Belmont, nearest ones are within the boundaries of Carindale, Tingalpa, Mansfield, and Gumdale

Property and Realestate Market of Belmont 

Belmont is an affluent suburb of Brisbane, Queensland. It is estimated that the percentage of residents living in rental houses and units is 18.6%. More so, 78.5% of the properties in this suburb were owner-occupied in 2011 and was down to 77.9% in 2016. Homes in Belmont range in size from about 3,500 square feet to 10,000 square feet. There are also homes and units larger than these. Households in this suburb of Brisbane, Queensland, are mostly couples with children. 

There has been a population decline of 4.9%, from 4,594 people in 2011 to 4,374 people in 2016. However, the cost of housing in Belmont ranges between $690,000 for 2 -3 bedrooms to $880,000 for 4 bedroom houses. Rental properties in the same area have priced in the range of $480 per week for 2 – 3 bedroom houses to $628 per week for 4 bedroom apartment. The high demand for properties in Belmont is very noticeable. Properties have a higher visit per property of 2,491 than the average visits per property of 848 generally in Queensland. 

• Belmont has 8 properties for sale and 6 that are available for rent
• Households are likely to be paying $1800 - $2399 per month on mortgage repayments
• The most obvious age group in this suburb is 40 – 49 years

Activities & Things to do in Belmont 

Belmont is not very large, and the population cannot be compared to Brisbane. However, they are numerous activities to engage in. A variety of places and things to do makes this affluent suburb enjoyable. One of such places is Centenary Park. It is a great spot to relax your body, mind, and soul. You would love the birds thriving around the water body in this park. 

Belmont has a rich and diverse history. The city of Belmont museum is located in the middle of the Ruth Faulkner Library. There is so much you can learn and see here. There is one other thing you can do in Belmont, Queensland. You can visit the Outdoor Airport Viewing Platform at Dunreath drive, Cloverdale, Belmont, and view the planes landing and taking off. If you love planes and have a camera, this is a wonderful spot to spend time at. 

Take your time and do some shopping at the Belmont Forum. It has stores including Woolworths and Big W, Kmart, JB HIFI, EB Games, Aldi, San Churros, Coles, and Liquorland. The food court also offers very tasty food. McDonalds, Red Rooster, Guzman Gomez, The Sporting Globe, and KFC are present here too. The Tomato Lake in Belmont is a nice place to enjoy nature and other recreational activities. It is mostly shaded, quiet, and generally a calm and beautiful place to take a walk. The environment around this lake is popular for families, couples, and weddings. 

Other exciting places, activities, and things to do in Belmont include: 

• Falkner, Cracknell, and Garvey park
• Fly at the iFLY Perth Indoor Skydiving Facility and Vertical Wind Tunnel 
• Borrow, read, browse and use wonderful facilities at the Ruth Faulkner Library

Property Investing Information in Belmont 

As an investor, annual growth, median values, and recent sale prices are important to you. In the Belmont suburb, the median sale price for houses is $780,000. This is above the national average of $485,000, according to research. The median price change in 1 year stands at 9.09% and is also higher than the national average of 4.30%. Additionally, the average amount of time it takes to sell a house in a year is 42 days. 

Rent costs a median average of $565 per week for houses. The median gross yield is 3.8% and is slightly lower than the national average of 4.24%. Additionally, the average discount on the sale of houses stands at -4.29%.

For sales of units, the median sale price stands at $465,000. This value is slightly higher than the national average of $438,000. Compared to last year, stock on the market for houses has changed -58.33%.

You need Conveyancing

It is best to employ the services of a conveyancing firm when buying properties in Belmont suburb. Conveyancing deals with legally transferring the title of a real estate property from the old owner (seller) to a new owner (buyer). It might seem easy on the surface but involves a lot of attention to detail and various documentation. Conveyancing curtails the risk of the buyers losing the property if peradventure things go wrong.

LEAD Conveyancing services simplifies this process for both parties. It does this from the first phase of the exchange of contracts to the final completion phase.