Belgrave South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
VIC › Belgrave South › Licence Rd
$2,125,000
Last sold
3 Nov 2022
5
Bedrooms
4
Bathrooms
8
Car spaces
8,323 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
$2,125,000
3 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Belgrave South (last 5 years) with land size have a median of $555/m² of land (n=49). Districts calculation from recorded sales — not a valuation.
Belgrave South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Belgrave South
+106.8%
Median sale
Suburb $1,027,500
-1.64 pp
Gross yield
Suburb 3.18%
Suburb median $1,027,500 from 12 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 South at a glance
1,646
People
$1,027,500
Median sale
$628/wk
Median rent
3.18%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate OlindaAll you could ever want - and weren't expecting - is here on a glorious 2.05 acres of privately nestled green wedge land with a stunning family entertainer with sparkling indoor pool the showpiece.
This magnificently renovated and reimagined 5-bedroom, 4 bathroom home will engage a spectrum of buyers: those who crave entertaining space on a grand scale with sublime indoor/outdoor living, abundant vehicle/trailer/caravan storage, and a wealth of land that lies beyond auto gates and a circular drive framing a grand oak tree. If you are searching for that special property, to deliver the distinctive lifestyle that you deserve, this is the perfect family residence for the generations where you can host baptisms to weddings and all the celebrations in between. A sanctuary of luxury, space, and amenity, enriched by its exclusive location fusing semi-rural seclusion with sophisticated yet practical liveability.
Designed for large family meal-prep as much as conversation, the gourmet kitchen swathed in granite boasts a grand breakfast island, 900mm stainless steel cooker, appliance hutch and meals/family zone contact that flows as effortlessly as the stunning grey ironbark floors underfoot.
Serve up a crowd-pleasing feast in the lavish meals zone, unwind in the family room warmed by a classic Coonara or shut the world away in the formal lounge with a Jetmaster fireplace and a skylit canopy adding ambience. Head downstairs from the lounge or kitchen where sun-kissed living extends to a huge poolside rumpus zone for the teens or incredible indoor entertaining and a home gym concealed behind a chic barn door. One ensuited bedroom is also housed here for those who crave added privacy.
The remaining accommodation is grand, luxurious and flexible with two master bedrooms with ensuites, walk-in robes and outdoor access housed off a hallway. A family bathroom services the third and fourth bedroom (or study) and guests.
The glistening indoor pool trimmed with rich decking is flanked by three entertaining decks with bifolds that can bring the outdoors in. Spacious, covered and equipped with an outdoor kitchen with a built-in BBQ, drinks fridge and servery windows to two sides - your guests will never want to leave!
Bring the party closer whilst utilising the event worthy paved alfresco off the family room where stacker doors unfold, and festoon lights glisten or saunter to the poolside gazebo. Every zone connects effortlessly and there’s rolling green lawn framing the home adding to the feeling of space.
Being on 2.05 acres means the property wouldn't be complete without a machinery shed. Any car lover will find space for all their toys here as well as a workshop for tinkering away on any projects. Bring a caravan, a truck or a bus – there’s room for them all.
While you will feel like you are far removed from the stress of everyday life, all your necessities are within easy reach. Close to Belgrave South Football Club, Belgrave South Primary School, an abundance of parkland and walking trails, Belgrave South shops and cafes, Wellington Road and Belgrave Train Station offering an easy commute to the CBD. Don’t delay.
More to Love:
• Downstairs features hybrid floors that are 100% waterproof
• Split system air conditioning and gas hydronic heating plus fans for seasonal comfort
• Jetmaster insert in the lounge fireplace
• Single carport plus a double garage under the roofline with internal entry to a mud room plus an abundance of off street parking for vehicles/caravans/boats or even a bus, truck or large scale event guest parking.
• 7m x 14m tradie paradise workshop shed with three phase power connections and a sink
• Flat lawn area originally planned as a tennis court with crushed rock underneath – a blank canvas that could be anything you dream of!
• Orange, lemon and plum trees for juicy fresh harvests and plentiful veggie beds ready for your seedlings.
• A glorious magnolia tree at the entrance and a driveway framed by blooming camellias
• Fully enclosed salt chlorinated solar heated pool
• Rainwater tanks x 2 (one large 23,000L serves the downstairs area plus the garden and also clicks over to the mains)
• Fully enclosed allotment with a 6-foot chain wire fence around the perimeter
• Secure dog enclosures (previously used for greyhounds) and now firewood storage
• New plush carpet in the main bedroom wing and the hallway
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 Corinne Sukroo, Bell Real Estate Olinda — reproduced as published, not verified by Districts.