Belgrave at a glance
3,862
People
$910,000
Median sale
$628/wk
Median rent
3.59%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
$946,500
Last sold
29 Nov 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
2,882 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$946,500
29 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Belgrave (last 5 years) with land size have a median of $748/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Belgrave at a glance
3,862
People
$910,000
Median sale
$628/wk
Median rent
3.59%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Vs Belgrave
+4.0%
Median sale
Suburb $910,000
-0.14 pp
Gross yield
Suburb 3.59%
Suburb median $910,000 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Belgrave at a glance
3,862
People
$910,000
Median sale
$628/wk
Median rent
3.59%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaTucked away at the end of a serene cul-de-sac, this western red cedar sanctuary feels like your own private retreat, a world away from the hustle, yet just moments to Belgrave essentials. Nestled on almost 3/4 acre of sun-soaked grounds, it offers the perfect fusion of tranquillity, natural beauty, and convenience. Imagine the lifestyle: serene morning coffee rituals with birdsong, afternoons exploring nearby forest trails, and vibrant evenings watching the sun transform the skies, enjoying Belgrave’s buzzing eateries or catching a movie - all mere minutes from your door.
Inside, the charm unfolds over three levels, blending rustic timbers and modern comforts. On the ground floor, an open plan living/meals zone wraps you in the cosy embrace of a Nectre wood fire, filling the air with its unmistakable, soothing aroma. The modern kitchen, complete with a timber-topped breakfast bar for quick bites or a platter with friends, Fisher and Paykel dishwasher drawers, new induction cooktop, and electric oven, create a culinary hub. A spacious bedroom on this level with deck access and a private retreat/home office plus a chic bathroom nearby offers the perfect layout for teens or a peaceful master suite.
Ascend to the upper level, where two loft-style bedrooms bask under timber-accented peaks, each with private balconies to savour the stunning surrounds. A second family bathroom and walk-in robe in one bedroom enhance the versatility. Downstairs, a lavish second living space is an impressive surprise, warmed by a gas log fire and opening to a lower deck – it’s a haven for movie nights, a quiet escape, or a place for the kids to gather with friends.
A wraparound all-season deck spills seamlessly from the main level and will quickly become your go-to for sunsets, stargazing, and everything in between. Insulated for year-round comfort, this extension of your living space is a front row seat to the magic of the surrounding landscape. The sprawling grounds invite endless playtime, where children can explore and let their imaginations run wild in the safety of open space, while adults soak up the serenity of the great outdoors. For those dreaming of self-sufficiency, the chicken coop awaits - complete with feathered friends if you fancy! Teeming with birdlife and the iconic sounds of Puffing Billy as it makes its way through the hills, it’s a sanctuary where you can unwind, reconnect with nature, and enjoy the simple pleasures of life in the hills.
So much thought and care have gone into making this home not only beautiful but also exceptionally functional and accessible. A wide sealed driveway welcomes you with ease, leading to extensive retaining walls and thoughtfully landscaped grounds that enhance both form and function. At the base of the drive, you'll find ample flat off-street parking - perfect for accommodating multiple vehicles, a trailer, or even a boat. Flat, paved areas near the entrance, are also ideal for setting up a basketball hoop or trampoline.
More to Love:
• 3 bedroom, 2 bathroom western red cedar tri-level home on 2,882m² of sunny, usable grounds.
• Wraparound insulated deck on main level plus a lower-level deck.
• Open plan living/meals with Nectre wood fire and original timber floorboards.
• Modern kitchen with timber-topped breakfast bar, new induction cooktop, and Fisher & Paykel dishwasher drawers.
• Meals zone that basks under original Rowco industrial style pendant lights from the 60s.
• Three bedrooms, including two loft-style with private balconies upstairs with a bathroom.
• Master with deck access, bathroom close by (ensuite potential) and an attached retreat/home office.
• Spacious rumpus/second living with gas log fire and built-in bookcase.
• Chicken house/run (fancy chickens optional!).
• Wide sealed driveway, extensive retaining/landscaping, and flat parking.
• Paved areas ideal for basketball or trampoline.
• Cedar storage shed plus two additional garden sheds.
• Split system air-conditioning.
• Rainwater tank.
• External power points on all sides, as well as external taps.
• Extensive walk-in under-house storage.
• Moments from Belgrave cafes, shops, and cinemas and a 15-minute walk to Micawber Tavern & Killik Handcrafted Rum.
• Steps from nature trails, reserves, and tranquil forest surroundings.
• St Thomas More, Tecoma, Kallista, Selby and Belgrave South Primary Schools all within reach as well as Mater Christi and Belgrave Heights Christian College.
• Waking distance to the #663 & #694 bus routes.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice
Listing description written by Bryce McLean, Bell Real Estate Olinda — reproduced as published, not verified by Districts.
Victoria 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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.