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 › Heather Grove
$1,690,000
Last sold
17 Mar 2021
3
Bedrooms
2
Bathrooms
6
Car spaces
113,800 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
$1,690,000
17 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Belgrave South (last 5 years) with land size have a median of $553/m² of land (n=50). 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
+64.5%
Median sale
Suburb $1,027,500
-1.25 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 BelgraveElegantly set on a rare and exclusive parcel of 28 magnificent acres this elegant family hideaway delivers an idyllic lifestyle in one of the area’s most prestigious addresses. A truly impressive property of exceptional character with commanding south westerly views across all the land it surveys, the property is one of the oldest farms in the area (pre-WWI) and offers an ideal country retreat with style, comfort and all the modern amenities you need whilst remaining sympathetic to its heritage. Breathtaking views stretch as far as Port Phillip Heads, Western Port Bay and Cardinia Reservoir and as the sun sets a golden glow across the landscape you will see the distant twinkling lights of suburbia.
Introduced by the original stone gates and a circular drive, the home circa 1950 is set among flourishing gardens of Japanese Maple, pines, gums and other vibrant flora. The residence sits at the highest point of the gently undulating acreage that flows down towards virgin bush, and with three fenced paddocks for horses/sheep or hobby pursuits in between.
The heart of the home is the welcoming central lounge and family room with a cosy Coonara wood fire to enjoy winter evenings complemented by new luxe seagrass carpet and elegant casement windows framing unforgettable views. The chef of the house will be in their element with the timber island kitchen with Bosch dishwasher, 4-burner hot plates and Omega oven, along with a large deluxe butler’s pantry. A beautiful window backdrop to the dining room creates a sense of unbounded space and vistas of gorgeous gardens and long views of the wide-open surrounds are accentuated by sunlight that naturally illuminates the interior. This timeless family residence offering multiple possibilities to work from home also features three double bedrooms including a huge master with ensuite and walk-in robe and attached sunroom/second living zone along with a huge laundry.
Enjoy many relaxing moments around your in ground solar heated pool in the warmer months and if you look up you may see a wedged tail eagle soaring overhead. A thriving orchard will see you with an eternal supply of preserves and jams with a selection of citrus, apple, plum, apricot, fig and feijoas along with a vegetable garden for organic produce. You can also collect your fresh eggs daily from the chicken coop. At the front of the home is a covered deck offering a quiet place to curl up with a book or entertain friends and family.
An outstanding property that offers year-round comfort with ducted heating and evaporative cooling along with ducted vacuum, double garage, huge 60x30 ft 3-phase powered shed with attached office/studio, solar panels, rainwater tanks and pumps, NBN and an expansive glass house. The home has also recently been repainted and has elegant new window furnishings.
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 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. This is the rural retreat you’ve been dreaming of. Don’t delay.
Listing description written by Elliot Bell, Bell Real Estate Belgrave — reproduced as published, not verified by Districts.
Also look at
3 Verona St, Belgrave South VIC 3160
3-bed house. Asking $1.32M–$1.4M.
2 Gilmore Ct, Belgrave South VIC 3160
3-bed house for sale. Asking $830K–$895K.
203 Belgrave Hallam Rd, Belgrave South VIC 3160
3-bed house for sale. Asking $1.35M–$1.4M.
1555 Wellington Rd, Belgrave South VIC 3160
5-bed rural property for sale. Asking $2.45M–$2.59M.