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VIC › Belgrave › Railway Pl

5 Railway Pl, Belgrave VIC 3160

House

$862,500

Last sold

12 June 2024

3

Bedrooms

2

Bathrooms

5

Car spaces

799 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 $862,500 (12 June 2024).(Recorded sale)
  • FactLand 799 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belgrave (last 5 years) with land size: median $745/m² of land (n=135). 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

$862,500

12 June 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.

See the full Belgrave report →

Vs Belgrave

-5.2%

Median sale

Suburb $910,000

+0.20 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 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$862,50012 June 2024
  2. Listedprice unknowncompleted30 May 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 $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.

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

Belgrave in one glance

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.

See the full Belgrave report →

Keep researching

  • Why Belgrave? Read the area thesis →
  • What else is on the market in Belgrave →
  • Other records on Railway Pl →

Listing material

Listed by Bell Real Estate Olinda

Fresh Appeal for the Modern Family – Walk to Town and Station

Poised on a sweeping block, this alluring residence is quietly nestled at the at the end of a cul-de-sac with no neighbours on two sides delivering privacy and seclusion. Freshly updated for the modern family to move right in, the residence is supremely positioned walking distance to the station, bus stop, Mater Christi College and the bustle of Belgrave main street where you will find cinemas, shops, supermarkets, eateries, and café culture. Rarely do you find such privacy with this level of convenience.

Beautiful, engineered oak floors stretch to meet crisp freshly painted white walls, as floor skimming colonial windows capture the light and dual living spaces lend an airy, relaxed vibe.

A cosy wood-warmed living/dining delivers lush garden glances from your spot on the sofa and is a warm hub on those cooler nights. Centrally, a newly renovated kitchen sparkles with brand new appliances including stainless-steel 900mm oven/cooktop, dishwasher, chic slate grey benchtops and a breakfast bar that overlooks a family/meals zone.

Read the full description

Step out to an alfresco patio where you can entertain or relax all-year round and there’s plenty of lawn for the kids to frolic in the fresh air.

When it’s time for rest, three robed bedrooms all feature fresh carpet and ceiling fans with adjustable lighting including a master with deluxe walk-in robe and ensuite. Both the ensuite and family bathroom gleam with modern makeovers and feature luxurious monsoon showers and marble-look tiles. You’ll love the deep soak bath in the family bathroom – a real treat at the end of a long day.

A driveway ushers to a single garage and there is a convenient off-street parking bay along with driveway parking or perhaps space for an extension down the track (STCA).

At a Glance:

• 3-bedroom, 2-bathroom brick home on 799m2.

• Quiet no through road locale walking distance to station, Belgrave township and Mater Christi College.

• Brand new kitchen with new oven, dishwasher and rangehood.

• Brand new bathroom and ensuite (main with deep soak bath).

• Ducted heating, split system air-conditioning and ceiling fans for seasonal comfort.

• Oak timber engineered floors.

• Brand new carpet throughout bedrooms.

• Freshly painted.

• Rinnai instantaneous hot water system.

• Single garage plus plenty of off-street parking.

• Vast under house storage which could easily be converted into another room.

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.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Outdoor Entertaining
  • Toilets: 2
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.