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VIC › Belgrave South › Wellington Rd

1555 Wellington Rd, Belgrave South VIC 3160

For saleRural Property for Sale

$2,450,000–$2,590,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

8

Car spaces

57,770 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,450,000–$2,590,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,450,000–$2,590,000(Listing record · 6 Oct 2025)
  • FactLand 57,770 m²; no building size recorded.(Property record)
  • CalculationAsk is 138% above the Belgrave South median recorded sale ($1,027,500, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Belgrave South's advertised median rent ($628/wk), implied gross yield would be 1.33% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,450,000–$2,590,000

Asking range · $42/m² of land

No recorded sale for this property.

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.

See the full Belgrave South report →

Vs Belgrave South

+138.4%

Median sale

Suburb $1,027,500

-1.85 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,450,000
Stamp Duty (Victoria)
$139,250
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,596,564

$146,564 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Belgrave South's advertised median rent — not a rent for this listing.

Net yield
-0.17%
Annual cashflow (pre-tax)
$-131,494
Interest cover (DSCR)
-0.03
Annual rent
$32,656
Operating expenses
$36,750
Loan amount
$1,960,000
Annual interest
$127,400
Gross yield
1.33%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,450,000–$2,590,000available6 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Belgrave South in one glance

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.

See the full Belgrave South report →

Keep researching

  • Why Belgrave South? Read the area thesis →
  • What else is on the market in Belgrave South →
  • Other records on Wellington Rd →

Listing material

Listed by Barry Plant Rowville

Two homes - A Lifestyle Retreat And Self Contained Cottage On 14.27 Scenic Acres

Peacefully positioned on 14.27 serene acres, this exceptional lifestyle property combines privacy, tranquillity and an elevation with glorious sunrise and sunset vistas.

Perfectly designed for those seeking either a peaceful retreat an equestrian haven or both, it showcases a beautifully presented and spacious home, a fully self-contained log cabin, and outstanding horse facilities – all within reasonable commuting distance to lakeside parkland, shopping, quality schools and the M1 freeway.

The main residence radiates charm with its wraparound veranda and sweeping garden outlooks from every window. The modern light-filled interiors features high ceilings, plush carpets, hybrid oak flooring, and a choice of cosy fireplaces. Multiple living zones flow effortlessly to the heated swimming pool, jacuzzi spa, alfresco entertaining and decked pergola, creating the ultimate indoor-outdoor lifestyle.

Read the full description

A stunning granite-bench kitchen with premium Miele and Ilve appliances caters for the gourmet and entertainer at heart, while four spacious bedrooms, including a master with full ensuite, and garden views ensure comfort for the whole family.

Beyond the main home, the separate self-contained log cabin offers excellent versatility – ideal for multi-generational living, extended family, guests, or rental income. Separately metered, with its own carport, kitchen, lounge with wood fire, king-sized bedroom and ensuite, it's a true retreat in itself.

Equestrian enthusiasts will be impressed with the extensive set-up: 8 fully fenced paddocks with electric fencing, 2 stables, round yard, cattle yard and ramp, multiple water tanks and drink wells, and a full-size floodlit dressage arena. A hay shed, tack room, oversized garage, workshops, carports and storage sheds further enhance functionality and versatility.

Completing this lifestyle sanctuary are established fruit trees, beautiful garden surrounds, and an elevated position that frames every day with spectacular natural beauty. Whether you're a horse lover, entertainer, tradesperson needing storage or simply seeking the peace of a private escape, this property delivers an unrivalled balance of lifestyle and practicality.

Proudly marketed by Barry Plant Rowville-Lysterfield - 9753 2828

Photo I.D Required at all inspections

Listing description written by Anthony Johnson, Barry Plant Rowville — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Outside Spa
  • Pool
  • In-Ground Pool
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Secure Parking
  • Shed
  • Toilets: 4
  • Water Tank
  • Workshop

Also look at

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  • 203 Belgrave Hallam Rd, Belgrave South VIC 3160

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  • 17 Bellany Rd, Belgrave South VIC 3160

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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