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Belmont North suburb profile

Belmont North is a picturesque suburb located in the Hunter Region of New South Wales, just a short drive from the bustling city of Newcastle. Known for its serene residential atmosphere, Belmont North offers a blend of natural beauty and suburban convenience. The suburb is surrounded by lush greenery and is close to the stunning Lake Macquarie, providing ample opportunities for outdoor activities such as boating, fishing, and hiking. With a strong sense of community, excellent schools, and easy access to local amenities, Belmont North is an attractive destination for families and individuals seeking a peaceful yet connected lifestyle.

Belmont North property market performance

Belmont North's property market has witnessed significant growth, with house values rising by 15.5% over the past 12 months, bringing the median house price to $1.05 million. The suburb has seen robust sales activity, with 35 houses sold in the last year, while the unit market remains inactive.

Houses are selling rapidly, with a median time on the market of just 17 days, indicating strong demand. In contrast, there have been no unit sales, reflecting limited activity or availability in that sector.

The rental market in Belmont North has steadily improved, with house rents increasing by 4.6% and unit rents by 5.2% over the past year, highlighting growing demand for both property types despite the lack of unit sales.

HousesUnits
Median price
Past 3 months
$1.05MN/A
Change in value
Past 12 months
15.0%N/A
Sold
Past 3 months
381
Median days on market
Past 12 months
16N/A
Average rent
Past 12 months
$700$508
Change in rent
Past 12 months
6.1%5.2%

5 year median price trend for houses and units

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Belmont North demographics

Belmont North, located in the Lake Macquarie region of New South Wales, offers a serene suburban lifestyle with a strong sense of community. With a population of 6,291, the suburb is characterized by its family-friendly environment, making it an attractive choice for those seeking a peaceful yet connected place to live. The median age of 40 suggests a mature community, with a balanced mix of young families and long-term residents who appreciate the suburb's tranquil setting and proximity to natural attractions like Lake Macquarie and nearby beaches.

The housing landscape in Belmont North is predominantly owner-occupied, with 37.4% of properties owned outright and 43.7% owned with a mortgage. This high level of home ownership reflects the suburb's appeal to families and individuals looking for stability and a long-term investment in their living arrangements. Rental properties make up 18.9% of the housing market, catering to those who prefer flexibility or are new to the area.

Family dynamics in Belmont North are diverse, with 43.5% of households being couple families with children, and 37.2% being couple families without children. One-parent families account for 18.1% of the community, highlighting the suburb's inclusive nature and support for various family structures. The median total household income of $1,739 per week indicates a comfortable standard of living, with residents enjoying the benefits of a suburban lifestyle while remaining within reach of the amenities and employment opportunities offered by the nearby city of Newcastle.

Suburbs near Belmont North

Some popular suburbs near Belmont North include:

  • Floraville: Known for its peaceful residential atmosphere and family-friendly environment, Floraville is located directly west of Belmont North.
  • Jewells: Offering a blend of suburban living and natural beauty, Jewells is situated to the southeast of Belmont North.
  • Belmont: Known for its lakeside lifestyle and vibrant community, Belmont lies to the south of Belmont North.
  • Croudace Bay: Featuring scenic views and recreational areas, Croudace Bay is located southwest of Belmont North.
  • Tingira Heights: Known for its elevated position and bushland surroundings, Tingira Heights is situated to the west of Belmont North.

How does Belmont North compare to nearby suburbs?

  • Median house prices: Belmont North’s median house price is 7.0% higher than Belmont’s.
  • House price growth: Over the past 12 months, house prices in Belmont North have grown 3.3% higher than in Floraville.
  • Selling speed for houses: Properties in Belmont North are selling 44.8% faster than in Floraville.

Choose the right real estate agents in Belmont North

In Belmont North ,46 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 41.8% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.25% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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