Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Selby › Belgrave Gembrook Rd
$730,000
Last sold
22 Nov 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
970 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
$730,000
22 Nov 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Selby (last 5 years) with land size have a median of $406/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Selby
-13.1%
Median sale
Suburb $840,000
+0.58 pp
Gross yield
Suburb 3.89%
Suburb median $840,000 from 17 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
Selby at a glance
1,603
People
$840,000
Median sale
$628/wk
Median rent
3.89%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate MontroseStep into a world where timeless grace meets contemporary comfort in this immaculately presented character home, a testament to the craftsmanship of the early 1900s. A delight for first home buyers, couples, and young families seeking a serene hills lifestyle, this enchanting cottage style home offers a blend of traditional charm and modern functionality with a fresh contemporary palette.
As you step onto the gleaming Baltic pine boards, you’re welcomed into a bright, open plan living/meals area anchored by an ambient brick fireplace with a modern inbuilt wood heater. The spacious kitchen with breakfast bar and stainless-steel appliances flows seamlessly to an inviting outdoor deck. It’s a space designed for sharing meals, laughter, and good times, perfect for gatherings both large and small.
Accommodating three well-proportioned bedrooms (one with built-in desk) and a family bathroom, the residence provides ample space for work, rest, and play with charming nooks to set up the laptop or create a play zone for the little ones.
Savour the idyllic outdoor lifestyle, where you can take in sunset views from the west facing deck and children can frolic amongst the established gardens and verdant grassy areas. The home’s large rear yard is private and secure and present a canvas for imagination, with the added convenience of extensive off-street parking, including a spot for a caravan or boat.
An incredible bonus is the colossal 6m x 9m garage/workshop at the rear that will have tradies, hobbyists and tinkerers salivating.
Perfectly positioned, the property is an oasis of tranquillity, complete with the ambient soundtrack of local wildlife and the nostalgic whistle of Puffing Billy. And yet, it maintains excellent proximity to local schools, sporting facilities, nature reserves, and the vibrant township of Belgrave, ensuring every modern convenience is at your fingertips.
At a Glance:
• 3 bedroom, 1 bathroom cottage style home circa 1910 on approx. 970m2.
• Open plan living and traditional character features such as the brick fireplace with modern inbuilt wood heater and striking Baltic pine polished boards.
• Modern kitchen with gas cooktop and dishwasher with a sliding door that flows onto the outdoor deck.
• Bathroom with shower and bath.
• Laundry with second toilet.
• Covered, west-facing deck for entertaining and sunsets.
• Large rear gardens with plenty of off-street parking including space for a caravan, trailer or boat.
• Oversized double carport and sealed driveway that leads to a huge 6m x 9m garage/workshop.
• Generous backyard with established gardens and grassy area.
• Rainwater tanks.
• Gas ducted heating.
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 Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.