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 › Belgrave Hallam Rd
2
Bedrooms
1
Bathrooms
8
Car spaces
46,000 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 ZONE - SCHEDULE 2
GWZ2
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 36.2% 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 GREEN WEDGE ZONE - SCHEDULE 2 · GWZ2 (ZN). Official parcel area about 8,443 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 8,443 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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 ZONE - SCHEDULE 2 · GWZ2 (ZN). Official parcel area about 8,443 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 8,443 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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 Peake Real EstateView by Private Appointment
When a property has been held in one family for more than 50 years, it speaks volumes of its calibre. Taking advantage of picturesque panoramic views of the Bay and Arthur’s Seat, this magnificent parcel of 11.3 acres (approx.) presents an unrivalled opportunity, to live out your lifestyle dreams. Imagine establishing your dream home, taking in glowing sunsets and being away from the hustle-and-bustle of daily life, while still being on the fringe of suburban convenience.
Connected to mains water, the existing residence has seen brighter days, but it serves great purpose in providing the footprint for designing and building a new dwelling (STCA). Extensive shedding caters to tradespeople and provides ample storage while the process unfolds. Three lush paddocks with electrified fences and water supply are ideal for grazing animals or equestrian enthusiasts. A peaceful creek flowing through the valley of the property, forms the partition between the open land and magical bush element to be explored.
Located minutes to Belgrave South town centre, easy access to the four-ways intersection at Wellington Road and just 40km to Melbourne CBD. Alternatively, only a short trip into the thriving hub of Harkaway & Berwick, some of the states finest educational institutions both public and private. Whether you are seeking a tree change with lots of open space and fresh air or a hobby farm to accommodate for a semi-rural lifestyle, this property is perfect. So, bring your imagination, architectural prowess and discover what can be created at 191 Belgrave-Hallam Rd, Belgrave South.
Contact Ryan and Andrew for more information today.
Listing description written by Andrew Brown, Peake Real Estate — reproduced as published, not verified by Districts.
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