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 › Belgrave Gembrook Rd
$690,000
Last sold
5 June 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
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
$690,000
5 June 2022 · derived via latest_sale
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
-24.2%
Median sale
Suburb $910,000
+1.14 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
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 901 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 901 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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 901 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 901 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 EstateThis tightly held pocket of homes only steps from bustling Belgrave township is the ideal place to put property plans into action. Now a golden opportunity for astute investors, this glorious art deco residence is a brilliant project to bring fruition.
Blank canvas corner gardens and a semi-complete internal renovation leave plenty of scope for new owners to make their mark. Promising to pay dividends in years to come, this can be completed as one wonderful residence or 2 unique apartments already equipped with separate meterage.
The upper level has been lovingly updated with an open plan kitchen and meals area, lounge with showcase ceiling panel and modern carpet, and compelling curved bedroom or home office with luxe leadlight accents. With a second bedroom already complete and a charming bathroom with walk-in shower, you can live onsite comfortably while you complete plans for the rest of the home.
The lower level is a renovators' delight ready for your own personal touch. Lined in preparation for a kitchenette, ensuite bedroom, and lounge that could lead to its own private patio, this space is suited to an extension of the upper level or a separate suite for rental income.
This property is a rare gem right in prime position, so don't hesitate, plan your viewing today.
- Tightly held pocket only steps from bustling Belgrave township and Belgrave Station
- Brilliant blank canvas with potential for 2 separate suites
- Renovated upper level with art deco architectural highlights including ceiling panels, leadlight windows, and ornate cornice
- Lower level with separate meterage with potential for a 1-bedroom suite with ensuite
- Re-wired, re-plumbed, and spacious 905sqm (approx.) allotment
Listing description written by Brad Conder, Chandler & Co Real Estate — reproduced as published, not verified by Districts.