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.
VIC › Belgrave › Wattle Ave
$895,000
Last sold
23 Apr 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
1,732 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
$895,000
23 Apr 2025 · 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 Belgrave (last 5 years) with land size have a median of $748/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
-1.6%
Median sale
Suburb $910,000
+0.06 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 scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,735 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 1,735 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. 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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,735 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 1,735 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. 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 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 Chandler & Co Real Estate** VIEWING BY APPOINTMENT ONLY**
Please contact the Agent via phone, sms or email to book your private viewing.
Through the lovely lychgate this period home on impressive gardens is set to steal your imagination. Rich with local history, perfectly presented for modern living, and situated only a short stroll from Belgrave Station, this is a home with heart.
"Westrocks" has been a cornerstone of this community since its construction in 1910. Now an elegant residence steeped in character, this property will suit discerning buyers seeking something special. The interior boasts beautifully restored Tasmanian hardwood floors and newly installed retro-inspired linoleum tiles. High ceilings and deep window recesses are architectural elements that will never go out of style.
The central lounge with beautiful treetop views flows freely to the quality kitchen with wall oven and sunlit dining area. With charming French doors out to the covered deck, there is a timeless indoor-outdoor flow to be enjoyed throughout the year. Beautiful bedrooms, a stylish main bath with subway tiles and a European laundry. The underneath of the house already has plumbing so the potential is there, ripe for extension.
Complementary to this character home are the terraced gardens established over 100 years ago. Featuring beautiful copper beech, rhododendrons, camellias, cherry blossom, cedar, and tree ferns, the history is rich and palpable. Now highlighted by sunny permaculture veggie gardens with wicking beds, fruit trees, abundant berries, potters' studio, and wood shed, this garden is a gorgeous backdrop for this beautiful home.
PLEASE NOTE: All COVID-19 policies and practises will be enforced to keep our staff, Vendors and the general public safe.
For more information:
https://www.health.gov.au/sites/default/files/documents/2020/03/coronavirus-covid-19-what-you-need-to-know_5.pdf
Listing description written by Suzie Brannelly, Chandler & Co Real Estate — reproduced as published, not verified by Districts.