Is Belmont a nice place to live?

Belmont centres on Belmont Forum and mixes residential streets with commercial and light-industrial precincts near the Swan River and Perth Airport. Many residents are renters — 45.8% of homes — yet most properties are owner-occupied, and couples without children are the largest family group. Everyday amenity is focused around Belmont Forum's shopping strip with cafés, takeaways and local services; bus routes and major roads link to the city and the airport, and nearby river reserves offer walking and recreational space. The Belvidere Street Streetscape Revitalisation Project is in construction at Stage 2 and will deliver new landscaping and upgraded public spaces.

Is it expensive to live in Belmont?

A typical local household earned about $1,557 a week at the most recent Census. With house rent at $760 a week, renting a house would take about 49% of that weekly income and renting a unit at $695 a week would take about 45%. On the buying side, a median house price of $998,000 is about 12.3 times a typical local annual household income, while the median unit price of $592,020 is about 7.3 times. On these figures both renting and buying take a large share of local incomes, and buying a house in Belmont sits especially high relative to what a typical local household earned. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Belmont a good place to invest?

A striking feature of Belmont is that house values climbed 20.3% and unit values rose 16.8% over the past 12 months. Over the same period, unit rents jumped 15.8% while house rents increased 8.6%. Putting those numbers together, house capital growth outpaced rental growth here — house values rose 20.3% compared with house rents up 8.6%. For units, capital growth and rental income moved very closely, with values slightly ahead at 16.8% versus unit rents at 15.8%. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Belmont suburb profile

Belmont sits in Perth's eastern suburbs near the Swan River and adjacent to Perth Airport. The suburb mixes residential streets with commercial and light-industrial precincts, so its character is practical and workaday rather than purely residential. Belmont Forum is the principal shopping hub, with cafés, takeaways and local services clustered along the retail strip.

Housing includes post-war weatherboard and brick homes alongside pockets of newer townhouses and infill, set on generally modest blocks and tree-lined streets. Bus routes and major roads provide links to the city and the airport, while river reserves close by offer walking and recreational space.

Belmont property market performance

Current median dwelling price$795,010Past 3 months

Property growth+18.5%Past 12 months

Belmont's median house price is $998,000, a sharp 20.3% rise over 12 months, and the median unit price is $592,020, a strong 16.8% rise over the same period. House values rose faster than unit values, and houses sold more quickly on average, with a median days on market over the last 12 months of 13 for houses and 19 for units. The sharp house rise is based on just 17 sales over the last 3 months.

In Belmont, house rents averaged $760 a week and rose a solid 8.6% over 12 months, while unit rents averaged $695 a week and rose steeply 15.8%. For houses, values ran ahead of rents.

	Houses	Units
Median price Past 3 months	$998K	$592K
Change in value Past 12 months	20.3%	16.8%
Sold Past 3 months	17	71
Median days on market Past 12 months	13	19
Average rent Past 12 months	$760	$695
Change in rent Past 12 months	8.6%	15.8%

5 year median price trend for houses and units

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Belmont demographics

Belmont has 45.8% of homes rented, yet most homes are owner-occupied.

Couples without children are the largest family group, at 42.4% of families. At the 2021 Census, 6,959 people lived in Belmont.

Belmont and Western Australia

	Suburb	WA
Median age years	36	38
Median household income weekly	$1,557	$1,815
Couples with children share of families	37.1%	44.6%
Couples without children share of families	42.4%	38.8%
One-parent families share of families	16.8%	15.1%
Homes owned outright share of homes	22.2%	30.2%
Homes with a mortgage share of homes	32.0%	41.4%
Homes rented share of homes	45.8%	28.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Belmont infrastructure, key developments and investment opportunities

Belmont's Belvidere Street Streetscape Revitalisation Project moved into construction in April 2026 and progressed to Stage 2 in July 2026; the $9.5 million program, partly funded by $4.745 million from the Australian Government’s Thriving Suburbs Program, will deliver new landscaping and upgraded public spaces. The City of Belmont adopted the Great Eastern Highway Urban Corridor Strategy in 2024, a planning document that divides the corridor into four precincts and provides coordinated land-use and transport guidance for the Great Eastern Highway through Belmont.

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 5.3% higher than Redcliffe’s.
Median unit prices: Belmont’s median unit price is 5.7% higher than Maylands’s.
House price growth: Over the past 12 months, house prices in Belmont have grown 2.6% higher than in Rivervale.
Unit price growth: Property prices in nearby Redcliffe have risen 23.5% more than in Belmont over the past year.
Selling speed for houses: Properties in Belmont are selling 7.1% faster than in Rivervale.
Selling speed for units: Properties in nearby Redcliffe are selling 15.8% faster than in Belmont.
Investment considerations: In Belmont, the rental yield for house is 2.1% lower than the Perth average, while the rental yield for units is 3.6% higher.
House price growth: Over the past 12 months, house prices in Belmont have grown 18.9% lower than the average rate of growth across Perth.
Unit price growth:Over the past 12 months, unit prices in Belmont have grown 13.8% lower than the average rate of growth for units across Perth.

Common questions about Belmont

Is Belmont a nice place to live?
Belmont centres on Belmont Forum and mixes residential streets with commercial and light-industrial precincts near the Swan River and Perth Airport.
Many residents are renters — 45.8% of homes — yet most properties are owner-occupied, and couples without children are the largest family group. Everyday amenity is focused around Belmont Forum's shopping strip with cafés, takeaways and local services; bus routes and major roads link to the city and the airport, and nearby river reserves offer walking and recreational space. The Belvidere Street Streetscape Revitalisation Project is in construction at Stage 2 and will deliver new landscaping and upgraded public spaces.
Is it expensive to live in Belmont?
A typical local household earned about $1,557 a week at the most recent Census. With house rent at $760 a week, renting a house would take about 49% of that weekly income and renting a unit at $695 a week would take about 45%. On the buying side, a median house price of $998,000 is about 12.3 times a typical local annual household income, while the median unit price of $592,020 is about 7.3 times. On these figures both renting and buying take a large share of local incomes, and buying a house in Belmont sits especially high relative to what a typical local household earned.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Belmont a good place to invest?
A striking feature of Belmont is that house values climbed 20.3% and unit values rose 16.8% over the past 12 months. Over the same period, unit rents jumped 15.8% while house rents increased 8.6%.

Putting those numbers together, house capital growth outpaced rental growth here — house values rose 20.3% compared with house rents up 8.6%. For units, capital growth and rental income moved very closely, with values slightly ahead at 16.8% versus unit rents at 15.8%.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Belmont

There are 78 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 53.0% of all sales in the past year.

Commission rates in Belmont typically range from 2% to 2.93%. 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.