Greater Geelong · 3216
Belmont, VIC
population +7.8% (5y), 3.1% gross yield.
NextSuburb scoreTier D
37Below trend
Median house
$585k
5y growth
1.2%/yr
Gross yield
3.1%
Vacancy
2.4%
Late-cycle holdHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)1.2%/yr12/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield3.1%62/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability61% under cap61/100
Why this score
Belmont scores 37/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 3.1% gross rental yield. The standout watch-out: 5-year growth of 1.2%/yr trails the national pace.
Drivers
- Population growth+7.8% (5y)
- Rental yield3.1%
- Budget headroom61% under cap
Risks
- Modest 5y growth (1.2%/yr)
- No major construction project in this state
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub60.7 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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