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Belmont suburb profile

Belmont is a peaceful suburb located in the eastern part of Brisbane, known for its spacious properties and family-friendly atmosphere. Situated approximately 12km from the Brisbane CBD, it offers a suburban retreat with easy access to urban amenities. The area is characterized by its leafy streets, parks, and recreational facilities, making it ideal for outdoor enthusiasts. Belmont is well-connected by public transport and major roads, providing convenience for commuters. The suburb's blend of modern homes and established residences, along with its proximity to shopping centres and schools, makes it a desirable location for families and professionals alike.

Belmont property market performance

Property growth+12.0%Past 12 months

Belmont's property market has shown strong growth over the past 12 months, with house values increasing by 11.2%, bringing the median house price to $1.44 million. The unit market remains inactive, with no sales or price changes reported. Over the past three months, 13 houses have been sold, with properties moving quickly at a median of just 13 days on the market.

The rental market for houses in Belmont has also seen significant growth, with average rents increasing by 10.1% over the last 12 months to $875 per week. The unit rental market remains inactive, reflecting the lack of unit sales and demand in the area.

HousesUnits
Median price
Past 3 months
$1.44MN/A
Change in value
Past 12 months
11.2%N/A
Sold
Past 3 months
13N/A
Median days on market
Past 12 months
13N/A
Average rent
Past 12 months
$875N/A
Change in rent
Past 12 months
10.1%N/A

5 year median price trend for houses and units

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Belmont demographics

Belmont, located in the eastern suburbs of Brisbane, is a family-friendly area known for its spacious homes and tranquil environment. With a population of 4,498, Belmont offers a suburban lifestyle that appeals to families and professionals seeking a peaceful retreat from the hustle and bustle of the city. The median age of 39 suggests a mature community, with many residents enjoying the balance of work and family life.

The suburb is characterized by a high proportion of couple families with children, making up 52.8% of the population. This highlights Belmont's appeal to families looking for a supportive community with ample amenities for children. Additionally, 33.3% of households are couple families without children, indicating a mix of young couples and empty nesters who appreciate the suburb's serene atmosphere.

Property ownership in Belmont is predominantly stable, with 35.8% of homes owned outright and 47.6% owned with a mortgage. This reflects a strong sense of community and long-term investment in the area. The rental market is relatively small, with only 16.6% of properties being rented, which may appeal to those looking for a more settled neighborhood. Belmont's combination of family-oriented living, accessibility to Brisbane's city center, and a strong sense of community makes it an attractive option for those seeking a balanced lifestyle.

Belmont infrastructure, key developments and investment opportunities

Belmont continues to benefit from its proximity to major retail hubs such as Westfield Carindale and Cannon Hill Kmart Plaza, supporting local employment and reinforcing the suburb’s appeal for families and professionals.[4] Easy access to the Gateway Motorway and key arterial roads provides strong regional connectivity, which is a long-term positive for property demand and commuting convenience.[4] Extensive green spaces, including Minnippi Parklands with its bike tracks and links to Bulimba Creek, enhance lifestyle appeal and are likely to support sustained buyer interest in the area.[4]

Local schooling options, including Belmont State School and nearby private colleges such as Moreton Bay College, remain a key drawcard for families assessing catchment areas and long-term education pathways.[4] Public transport is primarily bus-based, with regular services and nearby train access via Murarrie, offering reasonable connectivity without the density of inner-city suburbs.[4] At present there are no widely reported major new infrastructure or redevelopment projects specific to Belmont that are expected to significantly alter the property market beyond these ongoing locational advantages.

Belmont rental market trends

The rental market in Belmont has experienced growth, with house rents increasing by 10.1% over the past year to $875 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Belmont continues to attract interest due to its suburban appeal and proximity to Brisbane, making it a desirable location for families and investors.

Suburbs near Belmont

Some popular suburbs near Belmont include:

How does Belmont compare to nearby suburbs?

  • Median house prices: Belmont’s median house price is 24.7% lower than Carindale’s.
  • House price growth: Over the past 12 months, house prices in Belmont have grown 0.3% higher than in Carindale.
  • Unit price growth: Over the past 12 months, unit prices in Belmont have grown 16.8% higher than in Carindale.
  • Selling speed for houses: Properties in Belmont are selling 51.9% faster than in Carindale.
  • House price growth: Over the past 12 months, house prices in Belmont have grown 14.7% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Belmont have grown 13.1% higher than the average rate of growth for units across Brisbane.

Common questions about Belmont

  • Is Belmont a nice place to live?

    Belmont is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the eastern part of Brisbane, this charming suburb is known for its spacious properties and tranquil atmosphere. With its leafy streets and abundance of parks, Belmont provides a peaceful retreat for those who appreciate a suburban lifestyle with easy access to urban amenities. The suburb's proximity to major shopping centres and schools adds to its appeal, making it a desirable location for families and professionals alike.

    The vibe in Belmont is relaxed and community-oriented, with a strong sense of belonging among its residents. Families will find the suburb particularly appealing due to its supportive community and ample amenities for children. The presence of local schools, such as Belmont State School and nearby private colleges, ensures that educational needs are well catered for. While Belmont may not offer the bustling nightlife of inner-city areas, it compensates with its extensive green spaces, like the Minnippi Parklands, which provide plenty of opportunities for outdoor activities and relaxation.

    Safety is generally not a major concern in Belmont, contributing to its reputation as a secure and stable neighborhood. The suburb's connectivity is another advantage, with easy access to the Gateway Motorway and key arterial roads, making commuting to Brisbane's city center convenient. Public transport is primarily bus-based, with regular services ensuring reasonable connectivity without the density of inner-city suburbs. However, potential residents should be aware that the rental market is relatively small, which may limit options for those not looking to buy property.

    Overall, Belmont offers a balanced lifestyle with its blend of modern homes and established residences, strong community ties, and proximity to essential amenities. While it may lack the excitement of more urban areas, its peaceful environment and family-oriented living make it an attractive option for those seeking a suburban haven with easy access to the city.

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  • Is it expensive to live in Belmont?

    Living in Belmont, an outer suburb of Brisbane, can be quite expensive, particularly when it comes to housing. The median house price in Belmont is currently around $1,440,000, which is significantly higher than many other areas in Queensland. If you're looking to rent, the average rent for houses over the past year has been about $875 per week. This is a considerable amount, especially when compared to the average annual wage in Queensland, which is approximately $85,000.

    Given that the median total household income in Belmont is $2,431 per week, residents in this suburb generally earn more than the Queensland average. However, the high property prices and rental costs mean that a substantial portion of income would likely go towards housing expenses. If you are thinking of living in Belmont, it's important to consider whether your financial situation aligns with the costs associated with this suburb. While Belmont offers a pleasant lifestyle with its suburban charm, the cost of living, especially in terms of housing, is on the higher side.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Belmont a good place to invest?

    Belmont is showing promising signs as a solid investment suburb, particularly for those interested in houses. Over the past year, the median house value in Belmont has increased by an impressive 11.2%, indicating strong demand and potential for capital growth. This is complemented by a significant 10.1% rise in house rents, suggesting that the rental market is thriving and offering good returns for landlords.

    While the unit market in Belmont hasn't seen the same level of growth, with both median values and rents remaining stable, this could present an opportunity for investors looking for entry-level options with potential for future appreciation. The stability in the unit market might appeal to those seeking a less volatile investment.

    Overall, Belmont's strong performance in the housing sector, coupled with its stable rental market, makes it an attractive option for investors. The suburb's growth in house values and rents indicates a healthy demand, which is a positive sign for those considering investing in this area. With its potential for continued growth, Belmont is certainly worth considering for property investment.

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Choose the right real estate agents in Belmont

There are 30 real estate agents in Belmont, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 59.0% of all sales in the past year.

Commission rates in Belmont typically range from 2.62% to 3.13%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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