belmont north

Suburb Snapshot: Belmont North

Belmont North is a suburb of Greater Newcastle, City of Lake Macquarie, located 18 kilometres southwest of Newcastle’s central business district on the eastern side of Lake Macquarie. Belmont North has a primary school.

The size of Belmont North is approximately 3.7 square kilometres. It has 12 parks covering nearly 6.4% of total area. The population of Belmont North in 2011 was 6,479 people. By 2016 the population was 6,324 showing a population decline of 2.4% in the area during that time. The predominant age group in Belmont North is 40-49 years. Households in Belmont North are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Belmont North work in a trades occupation. In 2011, 75.3% of the homes in Belmont North were owner-occupied compared with 77.8% in 2016. Today it is 81%.

Based on five years of sales, Belmont North has seen a compound growth rate of 32.5%

Currently the median sales price of houses in the area is $852,500

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