Belmont is a suburb located 20 kilometres from Newcastle. It is situated on a sandy peninsula enveloped by the ocean to the east and Lake Macquarie to the west. It is home to numerous restaurants, and amenities, including Belmont Hospital and has great access to Sydney.
Belmont is approximately 10.4 square kilometres. It has 16 parks covering nearly 53.9% of total area. The population of Belmont in 2011 was 6,419 people. By 2016 the population was 7,123 showing a population growth of 11.0% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 65.2% of the homes in Belmont were owner-occupied compared with 66.1% in 2016. Presently, the figure is 68%.
Based on five years of sales, Belmont has seen a compound growth rate of 26.8%
Currently the median sales price of houses in the area is $820,000.