Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren North › Belgrave Hallam Rd
$1,750,000–$1,925,000
For sale
Asking range
$1,660,000
Last sold
14 Nov 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
5,199 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
Asking
$1,750,000–$1,925,000
Asking range · $337/m² of land
Last recorded sale $1,660,000 (14 Nov 2025).
Local land rate: recorded House sales in Narre Warren North (last 5 years) with land size have a median of $912/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren North
+12.9%
Median sale
Suburb $1,550,000
-0.22 pp
Gross yield
Suburb 1.92%
Suburb median $1,550,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$103,564 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Narre Warren North's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1
LDRZ1
Jurisdiction
Casey
Casey, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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.
The official layer maps a flood zone on this parcel, intersecting about 0.8% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 4,997 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.
0.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 4,997 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $571/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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.
Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 4,997 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 4,997 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?
KnownmediumOfficial parcel about 4,997 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.
Lot-level flood
Knownmedium0.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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
Narre Warren North at a glance
8,074
People
$1,550,000
Median sale
$571/wk
Median rent
1.92%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Spectrum Real EstateNestled amidst the picturesque landscape of Narre Warren North, 199 Belgrave Hallam Road unveils a truly extraordinary residential retreat. Boasting a sprawling land expanse of approximately 5199m2, this property seamlessly combines the allure of expansive living with a close proximity to essential amenities.
A defining feature of this residence is its meticulous attention to detail, showcased through a comprehensive renovation that has transformed it into a modern haven of comfort and style. Comprising four bedrooms and two bathrooms, each space within the home exudes an air of sophistication while retaining a warm and welcoming atmosphere.
As you approach the property, the meticulously landscaped grounds catch the eye, creating a captivating first impression. The land is not merely a canvas but a sanctuary, fully fenced for privacy and security. Adding a touch of natural charm, a serene dam at the rear of the property creates a tranquil backdrop, offering a peaceful retreat in the heart of nature.
For those with a penchant for cars, tools, or hobbies, a generously sized shed/garage stands ready to accommodate your parking needs and storage requirements. This additional space is a versatile asset, providing convenience and flexibility for various activities.
Anchoring the seamless transition between indoor and outdoor living, the property features an enclosed alfresco/BBQ area. This thoughtfully designed space is ideal for hosting gatherings or enjoying quiet evenings under the open sky, providing an extension of the home's living space.
The location of 199 Belgrave Hallam Road is not just a setting; it's a lifestyle. With convenient access to nearby amenities, including shopping centres, schools, and recreational facilities, residents can relish the balance of rural tranquillity and urban convenience.
In conclusion, this property is more than a home; it's an embodiment of refined living. From the expansive land and fully renovated interiors to the practical shed/garage and inviting alfresco area, every facet has been carefully considered to offer an unparalleled living experience. Welcome to a residence where luxury meets functionality, and where every detail speaks to the discerning homeowner who seeks the epitome of contemporary living.
For your chance to inspect contact Sam Singh 0439 363 666 or Sunny Beri 0430 105 456 TODAY
Listing description written by Sam Singh, Spectrum Real Estate — reproduced as published, not verified by Districts.
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