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 › Gully Cres
$1,252,401
Last sold
24 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
1,236 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
$1,252,401
24 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Belgrave (last 5 years) with land size have a median of $745/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
+37.6%
Median sale
Suburb $910,000
-0.98 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 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
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 Bell Real Estate BelgraveTucked into a whisper-quiet pocket of Belgrave’s historic precinct, this elegant split-level home is rich in story, soul and beautifully considered detail. Renovated a few years ago with no expense spared, it strikes a rare balance between vintage charm and modern refinement, where every decision feels intentional and enduring.
Inside, soaring 9-foot ceilings, detailed cornicing and fretwork, gleaming wormy chestnut floors and beautiful sash windows set a refined, old-soul tone. The home unfolds across levels with an easy, family-friendly rhythm - spaces to gather, retreat and reconnect, all framed by lush leafy outlooks and a gentle sweep of the hills beyond. The expansive open-plan living zone is warmed by a Coonara-style wood fire and framed by leafy vistas and distant hills - a space made for slow mornings and long, fireside evenings.
At the heart of it all sits a chef’s kitchen that balances elegance with everyday practicality. Blackwood benchtops, a farmhouse sink, integrated dishwasher and a statement 900mm Smeg cooker anchor the space, while a generous breakfast bar keeps conversation flowing. Floor-to-ceiling bifold doors peel back to an alfresco balcony, inviting in the east-facing morning sun and extending daily life outdoors - coffee at dawn, dinner as the light softens.
The privately positioned master suite is a true retreat, complete with a charming bay window box seat and a luxurious ensuite featuring a walk-in shower and floating vanity. Downstairs, a rumpus room opens to a sunny deck - perfect for kids, gaming nights, or summer cricket watching - alongside two further robed bedrooms and a stylish family bathroom. There’s also ample scope for a study nook, cleverly tucked where it makes sense.
Outdoors, the gardens are a layered delight. Terraced paths wind down toward the gully, passing towering ferns, magnolia, Japanese maples, camellias, hydrangeas, a stunning Chinese paper tree, lemon and kaffir lime trees. Flat lawn areas invite trampolines or firepit evenings, while a fenced dog run with direct laundry access keeps four-legged family members happy. Kookaburras and magpies provide the soundtrack.
Set within Belgrave’s historic precinct, the location is a dream for those who crave village life without the noise. Walk to the local tavern or the station for an easy city commute, wander the Sherbrooke Forest on weekends, or dip into the cafés, cinemas and boutiques of the township whenever the mood strikes. And yet, once home, the world gently fades away.
It’s spacious, elegant, and deeply liveable - a home that feels both special and easy, where hills living is done beautifully well.
At a Glance:
- Elegant, character-rich home in a whisper-quiet Belgrave pocket
- No-expense-spared renovation blending vintage detail with modern comfort
- Soaring 9ft ceilings, ornate cornicing, fretwork & wormy chestnut floors
- Open-plan living with Coonara-style wood fire and leafy hill views
- Deluxe kitchen with blackwood benchtops, farmhouse sink & 900mm Smeg cooker
- Bifold doors to east-facing alfresco balcony for seamless indoor-outdoor living
- Private master suite with bay window seating & luxe ensuite
- Downstairs rumpus room plus two robed bedrooms & family bathroom
- Terraced, fully fenced gardens with flat play areas & firepit zone
- Dog run with laundry access, double garage with shopper’s entry
- Ducted heating, evaporative cooling, split systems, powder room & abundant storage
- Walk to station, tavern, forest trails & Belgrave township amenities
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 Elliot Bell, Bell Real Estate Belgrave — reproduced as published, not verified by Districts.