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VIC › Bellbrae › Leicester St

4 Leicester St, Bellbrae VIC 3228

House

4

Bedrooms

2

Bathrooms

2

Car spaces

3,000 m²

Land

325 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 3,000 m² against a 325 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bellbrae (last 5 years) with land size: median $331/m² of land (n=10). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Bellbrae (last 5 years) with land size have a median of $331/m² of land (n=10). Districts calculation from recorded sales — not a valuation.

Bellbrae at a glance

1,606

People

$2,037,500

Median sale

$380/wk

Median rent

0.97%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Bellbrae report →

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. Soldprice unknown26 Jan 2025
  2. Listedprice unknowncompleted21 Aug 2024

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 $380/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

Bellbrae in one glance

Bellbrae at a glance

1,606

People

$2,037,500

Median sale

$380/wk

Median rent

0.97%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Bellbrae report →

Keep researching

  • Why Bellbrae? Read the area thesis →
  • What else is on the market in Bellbrae →
  • Other records on Leicester St →

Listing material

Listed by Oslo Property

Custom Build In A Prestigious Coastal Pocket

Defined:

Dive into the essence of coastal living sensationally located in a covetable semi-rural enclave, under five minutes to world class surf beaches and the iconic Great Ocean Road. Inspired by traditional Hamptons architecture and custom built by reputable local builders - Future Construction, a seamless blend of refined lifestyle and unspoilt beauty results in a timeless family sanctuary for relaxation. The light-filled interior emphasises a chic aesthetic, complemented by herringbone Oak floors, timber-lined cathedral ceilings and ample glazing highlighting the surrounding beauty of the outdoors. Blurring the lines between indoor and outdoor living, the invitational alfresco patio is fully equipped for entertaining, relishing in year-round north sun, early sunrises to the east and breathtaking evening sunsets to the west elevation. Four bedrooms and three living areas, plus a study, assure harmony for families, offering equal appeal as a luxury holiday home with Airbnb income potential (STCA). Settle into the welcoming Grossmans Ridge community, enveloped in unrivalled natural appeal, pristine stretches of coastline, peace, and tranquillity.

Considered:

Read the full description

Kitchen – Well-appointed designer kitchen with stone bench tops, engineered Oak floors, skylights, desirable north orientation, classic shaker-style cabinetry, double fluted farmhouse sink, 900mm oven & induction cooktop, subway tiled splash back, glass pendant lighting, ample downlights & expansive walk-in pantry with floor to ceiling cabinetry & storage

Living/Dining – Large living and dining area with cathedral timber-lined ceilings & pleasing orientation to the north, double glazed, double hung colonial windows, engineered Oak timber flooring, downlights, roller blinds, linen sheers, gas log fire, custom joinery, bifold doors opening onto alfresco patio & entertaining decks.

Lounge – Private lounge room with dual entry overlooking picturesque front gardens.

Rumpus Room – Positioned nearby to the children's wing, wall to wall custom joinery & pretty outlooks across the front gardens

Master Suite – Exceptionally spacious master bedroom retreat with cathedral ceilings overlooking the pool area with well-fitted walk-in wardrobe,, , feature pendant lighting, ensuite bathroom with floor to ceiling tiles, freestanding bath, rain head shower and separate water closet

Additional Bedrooms – oversized bedrooms with beautiful outlooks, linen sheers, ceiling fans & all with built in robes.

Main Bathroom – Spacious & sleek looking bathroom with bath, floor to ceiling tiles, vanity with stone tops & rain head shower. Separate powder area and water closet

Outdoors – 3,000sqm or three quarters of an acre allotment (approx.) with private grassy front yard, secure fencing & landscaped gardens. Alfresco patio to the rear with electric blinds to allow for outdoor entertaining year-round, electric strip heating, plumbed gas barbeque, fridge, sink & rangehood. Entertaining deck with pergola overhead & 10m x 4m in-ground solar heated swimming pool and heated spa. Momentous outdoor fireplace to enjoy with friends. 4000L rainwater tank. Children's playground with swings, slide & cubbyhouse. Chicken coup. 12.45kw solar panels.

Ample scope for vegetable gardens, a pool house or granny flat (STCA).7m x 9m shed/workshop with provision for 3 phase power. Double gated access to the rear & extra off street parking capabilities. Oversized double lock up garage with internal access to walk in pantry

Noteworthy Features – ducted heating and cooling, ceiling fans, new wool carpet to living rooms, custom design & build completed in 2021 by Future Construction. Timber-lined, soaring cathedral ceilings throughout the open plan living, dining, kitchen zone and master suite. Well-appointed study with bespoke joinery. Direct north orientation to the living zone. Double glazed multi-light windows. Herringbone laid engineered Oak flooring with feature Brass inlay. Custom joinery throughout. Brass front door hardware imported from New York. Laundry/mudroom with floor to ceiling storage & multiple drying racks. Powder room. 3 phase power. EV charger. School buses that service the local schools in Torquay and Geelong, dropping your children to the front door.

Close by facilities – Torquay town centre, Bellbrae village, Bellbrae Primary School, Bellbrae Estate, Surf Coast Secondary College, Kithbrooke Park Country Club, Bells Beach, Geelong CBD & Ring Road to Melbourne

Ideal for – Families, holiday seekers & multi-generational living

*All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.*

Listing description written by Simon Bogdanov, Oslo Property — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Grey Water System
  • Living Areas: 3
  • Outdoor Entertaining
  • Outside Spa
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 3
  • Water Tank
  • Workshop
Districts

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.