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 › Station St
$1,175,000
Last sold
4 Sept 2024
5
Bedrooms
3
Bathrooms
8
Car spaces
1,055 m²
Land
199 m²
Building
Districts View
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
$1,175,000
4 Sept 2024 · 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
+29.1%
Median sale
Suburb $910,000
-0.81 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 OlindaDiscover this iconic Australian “Country Style” home, majestically positioned on an elevated 1005m² (approx) parcel of land. Lovingly preserved and thoughtfully updated, this three-level beauty combines historic charm with modern comforts. Offering an abundance of space and low maintenance gardens,making it a perfect for a large family home, or multi-generational living or a savvy investment opportunity.
Key Features:
• Exceptional Location: Nestled in a quiet street with convenient ‘short stroll’ access to Belgrave Central Station, shops, cafes/restaurants, iconic Cameo Cinema, and renowned schools. Enjoy the serene Dandenong Ranges and vibrant local community right at your doorstep.
• Flexible Living Space: With five spacious bedrooms and three bathrooms, this home is ideal for multigenerational families. The standout feature is the lower-level self-contained suite, previously utilized as a successful BNB accommodation, generating approximately $35,000 - $40,000 annually. This space includes its own entrance, bedroom, living area, dining zone, bathroom, and kitchenette—perfect for guests, in-laws, or as a lucrative rental.
• Modern Elegance: The open-plan living area showcases classic period details like soaring ceilings, sash windows, leadlight accents, ornate cornices, and Baltic floors, all enhanced by a cozy gas log fire.
• Gourmet Kitchen: A newly updated light and bright,galley kitchen features a 900mm Italian-made oven, custom storage solutions, and a chic farmhouse sink, blending functionality with timeless style.
• Expansive Outdoor Living: Enjoy entertaining on the large deck or relaxing in the low-maintenance garden. The property also features a majestic elm tree, a firepit, bluestone features, and a secure fenced rear yard.
• Additional Amenities: Brand-new luxe carpet in bedrooms, rainwater tanks for garden irrigation, new gas HWS, ample off-street parking with a rock-walled asphalt driveway, and options for a garage/carport/workshop to upper or lower level parking areas (STCA).
At a Glance:
• Floor Area: 199 sqm (21.3 squares)
• Living Areas: Open-plan lounge & dining, multiple options for office/library/snug
• Kitchen: Light-filled with new European oven and custom cabinetry
• Bedrooms/Bathrooms: 5 bedrooms, 3 bathrooms, including a master retreat with ensuite
• Lower Level: Self-contained suite with private entrance, ideal for adult or children’s retreat, Self-Contained guest accommodation or rental income. Suitable for home-office suite.
• Outdoor Features: Expansive deck, wide wrap-around undercover verandah, landscaped gardens, and garden shed
• Under-house workshop/storage/cellar with power
• Proximity: 10-15 minutes to Sassafras, Olinda, and Mount Dandenong; 1 hour drive to Melbourne
Seize this unique opportunity to own an an iconic Dandenong Ranges home while capitalizing on its lucrative BNB potential. This property offers a blend of classic charm, modern amenities, and a high-return investment opportunity in one of Belgrave’s most sought-after locations.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own legal advice. Contact us for the inventory list of furniture and appliances included in the sale of the home.
Listing description written by Ivy Garnett, Bell Real Estate Olinda — reproduced as published, not verified by Districts.