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 › Mervyn Rd
$1,600,000
Last sold
13 Nov 2025
4
Bedrooms
2
Bathrooms
8
Car spaces
4,901 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
$1,600,000
13 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Belgrave South (last 5 years) with land size have a median of $555/m² of land (n=49). 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
+55.7%
Median sale
Suburb $1,027,500
-1.14 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 31 Aug 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 4,909 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 4,909 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 4,909 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 4,909 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 First National Real Estate RangesProudly positioned on a beautifully landscaped and fully usable 4,901m² (approx.) allotment, this immaculately maintained home exudes warmth, space, and timeless character. With a versatile floorplan designed for modern family living, this property offers exceptional comfort and lifestyle flexibility — all within minutes of Wellington Road and Belgrave Central.
A concrete driveway leads gracefully to the residence and impressive barn, setting the tone for what lies ahead. Inside, the home unfolds across three inviting living zones, each designed to capture natural light and showcase the home’s craftsmanship. The step-down lounge is a true showpiece, featuring a large open fireplace, timber-lined cathedral ceilings, and highlight windows that frame the surrounding greenery.
The hostess kitchen will delight the home chef, boasting Smeg appliances, a dishwasher, and stone benchtops. Overlooking the lush gardens and manicured lawns, it’s the perfect vantage point to watch the children play while preparing family meals. A separate dining area and spacious rumpus room with a wood fireplace and built-in bar ensure effortless entertaining year-round.
Accommodation comprises four generous bedrooms, all with built-in robes, while the master suite offers a walk-in robe and a ensuite complete with corner spa.
Step outside and discover a private oasis designed for relaxation and recreation. The full-length undercover patio includes a built-in BBQ, ideal for summer gatherings, while the enclosed swim spa with solar and electric heating provides year-round enjoyment.
For the car enthusiast, tradesperson, or hobbyist, the 15m x 11m barn is a dream come true. Complete with a shower and toilet, a home office with internet, monitored alarm system, and intercom to the main house, plus a large mezzanine level, it offers endless possibilities for work or leisure.
Combining peace, privacy, and practicality, this exceptional property presents a rare opportunity to enjoy a semi-rural lifestyle without compromise — all just a short drive from local schools, shops, cafes, and public transport.
Don’t miss your chance to secure this outstanding family haven — where space, comfort, and quality converge in perfect harmony.
Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information.
Photos may include virtual staging.
Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Jan Brewster, First National Real Estate Ranges — reproduced as published, not verified by Districts.