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.
$862,000
Last sold
1 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,138 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
$862,000
1 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Belgrave (last 5 years) with land size have a median of $745/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
-5.3%
Median sale
Suburb $910,000
+0.20 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
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?
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.
Area
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 OlindaA blank canvas waiting for your personal touch, this is a dream opportunity for young families looking to settle in a leafy and private hills locale with comfort for now and update potential when you’re ready. Delivering a generous quarter acre flat, fully fenced block in a quiet cul-de-sac, there’s an exciting future ahead for this brick veneer beauty minutes from bustling Belgrave township. As you step through the front door, you are greeted by a spacious lounge adorned with hardwood floorboards that gleam underfoot, rustic timber lined ceilings and exposed brick. The wood fire crackles as a centrepiece filling the room with a cosy ambiance that makes you feel right at home whilst natural light is ever present thanks to floor skimming windows that punctuate every room.
Beyond the lounge lies a neat kitchen with bay window and a servery to a sitting area that can double as a dining zone. Equipped with a dishwasher and gas cooking facilities, it will serve you well until you’re ready to refresh, whilst a second living area adjacent offers flexibility for a sofa, dining table or a desk depending on your lifestyle needs. Step outside onto the huge timber undercover deck - your private sanctuary where you can sip your morning coffee or host memorable gatherings under the stars.
The property also boasts a bungalow/storage room that offers endless potential for customisation whether you need extra storage space or want to create a hobby room or home office with a separate entrance. Close to Belgrave Heights Christian School, an abundance of parkland and walking trails, Belgrave shops and cafes, Wellington Road and Belgrave Train Station offering an easy commute to the CBD. Don’t delay.
At a Glance:
• 4-bedroom, 2-bathroom single-level brick home on a generous 1138m2 corner block.
• Rustic interiors featuring timber and slate floors, exposed brick and timber lined ceilings.
• 2 living areas including lounge with wood fire.
• Master bedroom with ensuite.
• Fully fenced allotment.
• Ducted heating
• Air-conditioning unit in living room that services half the house for seasonal cooling.
• Ceiling fans in bedrooms 1, 2 and 3.
• Double carport plus plentiful off-street parking.
• Separate garden storage shed/bungalow/home office.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and 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 Jo Hirst, Bell Real Estate Olinda — reproduced as published, not verified by Districts.