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
4
Bedrooms
3
Bathrooms
1
Car spaces
1,413 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
No recorded sale price for this property yet.
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.
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 1,412 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 1,412 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 1,412 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 1,412 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 RangesThis property is a must-see. Having been fully updated throughout means there is nothing to do but move in and enjoy.
The property has a Separate studio, providing the flexibility many are looking for in a home. The studio is a spacious area with polished floorboards and a bathroom. Large sliding doors lead out to an undercover decked area perfect to sit and relax. The possibilities are endless.
The main home featuring 3 bedrooms, 2 new bathrooms, mudroom/laundry, and 2 living zones. The front sitting area features an ornate ceiling rose, curved glass window, and toasty wood fire, a great place to sit and relax and unwind at the end of the day. While at the rear of the home is a large 2nd living zone which is open, bright, featuring wood fire, split system, and provides a lovely outlook across your entertaining deck to the sweeping flat sunny back yard. What a great spot for the kids and pets to play or even have your own chickens and veggie garden. There is even enough room for a pool.
An open kitchen with granite benchtops, stainless steel appliances, and a huge amount of bench space, cupboard, and drawer storage means preparing meals is made easy. Character and charm are enhanced with the high ceilings, freshly polished timber floors, and ducted heating throughout the home. Add to this the single garage and a large workshop at the rear of the property.
Currently able to be viewed By Private Appointment, please contact the agent to arrange a suitable time.
Ranges First National COVID directives being followed.
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.
With the COVID – 19 outbreak, the health and wellbeing of our clients and staff is our highest priority.
We are all taking extra measures to protect our clients and staff from coming into contact with the virus. Please help us by respecting our request that you do not attend an Inspection or the office if you have:
- Tested positive to Coronavirus
- Symptoms associated with Coronavirus
- Recently been in contact with someone diagnosed with Coronavirus
- Recently been overseas
- Agreed to any self-isolation conditions
We also ask that you practice social distancing from anyone attending the office or at a private inspection, and where possible refrain from touching surfaces. We also appreciate your understanding as we are only able to have one person view the interior of the property at a time, therefore couples will be able to look at the home individually with the agent present.
Thank you for your understanding.
Listing description written by Jim Conder, First National Real Estate Ranges — reproduced as published, not verified by Districts.
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