Belgrave South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Belgrave South › Colby Dr
$710,000
Last sold
15 Nov 2016
5
Bedrooms
2
Bathrooms
1
Car spaces
1,074 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$710,000
15 Nov 2016 · derived via latest_sale
Local land rate: recorded House sales in Belgrave South (last 5 years) with land size have a median of $553/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Belgrave South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Belgrave South
-30.9%
Median sale
Suburb $1,027,500
+1.42 pp
Gross yield
Suburb 3.18%
Suburb median $1,027,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GREEN WEDGE A ZONE - SCHEDULE 1
GWAZ1
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 1,075 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,075 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $628/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 1,075 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 1,075 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Belgrave South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant EmeraldInspection by private appointment only. Please contact the agent to book your appointment prior to attending the property.
In the little town of Belgrave South, this home is perfectly located for all that entails family living. Just 7 minutes drive to Belgrave station and 5 minutes to Wellington Road, a stone's throw to the local school, an easy drive to others and ideally located for work commutes. A short stroll to the local shops provides all you need – free range butcher, bakery, 'The Unwrapped Pantry', green grocer, café, take-away, bottle shop, pharmacy, hairdresser, vet, IGA and more.
You will be impressed by the care that has been poured into developing the home and garden. Colourful native plantings around the façade invite you to this welcoming home. Through the front door, the space opens up to 2 living areas towards the back, bedrooms zoned together and family bathroom and laundry centrally located. 4 large bedrooms and a cosy 5th bedroom/study provide ample accommodation for a growing family. The master with large en-suite and walk through wardrobe is the ideal parents retreat.
Two living areas include a lounge area for quietly relaxing with the second being an open plan kitchen, dining and TV area, with wall space for bookshelves and art. The modern blank canvas design leaves nothing left to do but bring your own style. The kitchen includes caesarstone benchtops, island bench, soft closing cabinetry and stainless steel appliances including Smeg freestanding dual fuel cooker and Miele dishwasher. This space is bathed in morning sun through the large windows which frame the green outside, providing a full view of the garden. Kitchen windows can be fully opened providing a servery. Snuggle on the sofa during winter with top-of-the-range European Thorma wood heater blazing, or chill in summer with the sliding doors open and the evaporative cooling running. Ducted heating throughout and a split system adds to the temperature control options.
Outside, you'll be drawn to the timber entertaining deck and extensive plantings – a cornucopia of all things edible, combined with colourful natives. The fully fenced garden has been curated by avid gardeners, taking into account the sun-drenched yard, providing plenty of pollination-friendly plants, making this a hive of activity during flowering time. A tidy raised vegie bed area provides all you need to grow your own. But wait - there is still room for some lawn! Sitting under the beautiful Blackwood, to take in all that grows, is a favourite pass time for the current owners. And because the edibles are so extensive, here's a list:
Summer and Autumn raspberries, thornless blackberries, heirloom rhubarb, avocados x 3, white sapote, peach, plum, pear, native plum, finger lime, jooster berry, native cherry, mandarin, lemon, lime, feijoa, tamarillo, olive
And herbs…
Rosemary, thyme, basil, oregano, mint, chives, sage
And vegetables…
Purple potatoes, tomatoes, peas, sugar snap peas, beans, cucumbers, romanesco, broccoli, silverbeet
Be wowed by this neat package of modern sustainable living.i
Listing description written by Denise McKay, Barry Plant Emerald — reproduced as published, not verified by Districts.
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