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VIC › Upper Ferntree Gully › Old Belgrave Rd

39 Old Belgrave Rd, Upper Ferntree Gully VIC 3156

House

$835,000

Last sold

20 Feb 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

989 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $835,000 (20 Feb 2026).(Recorded sale)
  • FactLand 989 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Upper Ferntree Gully (last 5 years) with land size: median $791/m² of land (n=134). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$835,000

20 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $791/m² of land (n=134). Districts calculation from recorded sales — not a valuation.

Upper Ferntree Gully at a glance

3,403

People

$910,000

Median sale

$589/wk

Median rent

3.37%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Upper Ferntree Gully report →

Vs Upper Ferntree Gully

-8.2%

Median sale

Suburb $910,000

+0.30 pp

Gross yield

Suburb 3.37%

Suburb median $910,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$835,00020 Feb 2026
  2. Listedprice unknowncompleted3 Feb 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 $589/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

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

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

Upper Ferntree Gully in one glance

Upper Ferntree Gully at a glance

3,403

People

$910,000

Median sale

$589/wk

Median rent

3.37%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Upper Ferntree Gully report →

Keep researching

  • Why Upper Ferntree Gully? Read the area thesis →
  • What else is on the market in Upper Ferntree Gully →
  • Other records on Old Belgrave Rd →

Listing material

Listed by Area Specialist Victoria

The Brief: Leafy Elevation, Space to Grow

It's Addressed:

• Elevated 989m² approx with treetop outlooks

• Flexible split-level living across two zones

Read the full description

• Scope to add your own style

Resting gently at the foothills of the Dandenong Ranges, this elevated home captures leafy vistas from every angle and a sense of calm that settles in the moment you arrive. Set on a generous 989m² approx block with a gentle slope, it offers space, privacy and a natural connection that feels wonderfully removed, yet reassuringly close to everyday essentials.

The split-level design lends itself beautifully to multigenerational living or families with adult children still at home. Two bedrooms and a bathroom on each level are complemented by dual living zones, giving everyone room to spread out or come together as needed. Freshly painted interiors and sleek engineered timber flooring provide a clean, contemporary foundation, while the layout offers exciting scope to polish and personalise over time.

At the entrance, a sunken family room draws you in with its leafy outlook, flowing seamlessly to a balcony that feels suspended among the trees. Upstairs, a second living or rumpus zone enjoys its own alfresco connection, making it easy to host, relax or retreat depending on the mood. Multiple undercover deck areas across different levels ensure year-round enjoyment, whether it’s morning coffee in the canopy or quiet evenings listening to the birds settle in.

The kitchen sits at the heart of daily life, equipped with a gas cooktop, dishwasher and a spacious adjoining dining room that invites family meals and long conversations. The main bedroom on the ground floor is generously proportioned with a huge walk-in robe, positioned opposite a functional bathroom that’s ready for a future style refresh when the time is right.

Completing the picture is ducted gas heating, evaporative cooling, double car accommodation with workshop, and additional off-street parking - practical comforts that support the lifestyle without stealing the spotlight from the setting itself.

Balancing tranquillity with everyday ease, this home is just moments from Ferntree Plaza shops, Talaskia Reserve, Angliss Hospital and Upper Ferntree Gully Station. Rail and bus transport are close by, while village cafés, parkland and walking trails sit alongside excellent local amenities, making this a location that quietly delivers on lifestyle and connection.

Property Specifications:

Approximately 989m² gently sloping allotment, split-level family home, four bedrooms plus study, two bedrooms on each level, two separate living areas with individual alfresco access, sunken family room, upstairs living or rumpus, kitchen with gas cooktop and dishwasher, spacious dining room, main bedroom with large walk-in robe, functional main bathroom ready for future update, freshly painted interiors, ducted gas heating, evaporative cooling, multiple undercover decks across different levels, double car accommodation with workshop, additional off-street parking.

For more Real Estate in Upper Ferntree Gully, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Rohin Arora, Area Specialist Victoria — reproduced as published, not verified by Districts.

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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.