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VIC › Blackburn South › Brazeel St

26 Brazeel St, Blackburn South VIC 3130

For saleHouse for Sale

$1,150,000

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

701 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 16 Mar 2026)
  • FactLand 701 m²; no building size recorded.(Property record)
  • CalculationAsk is 12% below the Blackburn South median recorded sale ($1,310,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Blackburn South's advertised median rent ($587/wk), implied gross yield would be 2.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,150,000

Asking · $1,641/m² of land

No recorded sale for this property.

Blackburn South at a glance

11,001

People

$1,310,000

Median sale

$587/wk

Median rent

2.33%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Blackburn South report →

Vs Blackburn South

-12.2%

Median sale

Suburb $1,310,000

+0.32 pp

Gross yield

Suburb 2.33%

Suburb median $1,310,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (Victoria)
$63,250
Transfer/Registration Fee
$2,795
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,219,745

$69,745 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Blackburn South's advertised median rent — not a rent for this listing.

Net yield
1.15%
Annual cashflow (pre-tax)
$-46,526
Interest cover (DSCR)
0.22
Annual rent
$30,524
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
2.65%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,150,000available16 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $587/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Blackburn South in one glance

Blackburn South at a glance

11,001

People

$1,310,000

Median sale

$587/wk

Median rent

2.33%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Blackburn South report →

Keep researching

  • Why Blackburn South? Read the area thesis →
  • What else is on the market in Blackburn South →
  • Other records on Brazeel St →

Listing material

Listed by Cooper Hill Real Estate

Large 701 sqm Blackburn South Block with Future Development Scope

Set within a quiet residential street lined with established greenery, this generous 701 sqm (approx.) parcel presents a compelling opportunity in a convenient Blackburn South setting. With a wide, flat allotment free of easements, the property offers clear potential for those considering redevelopment, a new home site or longer-term investment.

The existing weatherboard residence provides substantial accommodation across two levels and remains comfortable for immediate use, offering flexibility while future plans take shape. A welcoming front living room is complemented by a central kitchen and meals area, with an additional family room positioned at the rear of the home. This layout allows multiple living zones that can adapt easily to everyday family life.

Three bedrooms and a study are positioned on the ground floor alongside the main bathroom and laundry, while the upper level - added in 2013 - creates a private parents' retreat featuring a spacious main bedroom, walk-in robe and ensuite, together with a separate retreat space. The arrangement provides both separation and flexibility for larger households.

Read the full description

Outdoors, the rear garden offers a wide and level expanse of land, reinforcing the property's future potential. A large double garage, additional carport and ample off-street parking further enhance the practicality of the site, whether for ongoing use, renovation or redevelopment.

For those considering improvement or development, the property presents several appealing pathways. The existing home provides a solid foundation for renovation or extension, while the size and configuration of the land may support a new family residence or potential multi-dwelling development (STCA).

The location balances peaceful residential character with everyday convenience. Orchard Grove Primary School is within comfortable walking distance, while Blackburn's local shopping strip sits nearby and Forest Hill Chase provides a wider range of retail and dining options. Parks and reserves, including Orchard Grove Reserve, offer green open space close to home, while Blackburn Station and surrounding transport links provide straightforward access to the broader area.

Combining land size, flexibility and a location that continues to attract strong demand, this is an opportunity with both immediate comfort and long-term potential.

Call Today for a Private Inspection

Listing description written by Cooper Hill, Cooper Hill Real Estate — reproduced as published, not verified by Districts.

Property features

  • Study

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.