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VIC › Belgrave › Park Dr

53 Park Dr, Belgrave VIC 3160

House

$1,390,000

Last sold

26 Nov 2024

4

Bedrooms

2

Bathrooms

6

Car spaces

8,186 m²

Land

223.6 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,390,000 (26 Nov 2024).(Recorded sale)
  • CalculationLand 8,186 m² against a 224 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Belgrave (last 5 years) with land size: median $748/m² of land (n=135). 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

$1,390,000

26 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Belgrave (last 5 years) with land size have a median of $748/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

+52.7%

Median sale

Suburb $910,000

-1.24 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$1,390,00026 Nov 2024
  2. Listedprice unknowncompleted7 Nov 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 Park Dr →

Listing material

Listed by Bell Real Estate Belgrave

Enchanting Acreage with Room for Family Legacy

Nestled in a coveted semi-rural enclave, this enchanting acreage home offers a rare slice of paradise, perfect for families seeking the ultimate in privacy and space. With two acres of very usable land

alongside the babbling Monbulk Creek, this property promises a lifestyle that will enrich your

family's heritage for generations.

Read the full description

Step into a world where children can revel in the magic of a countryside upbringing, playing amidst

the tranquil park-like grounds that are home to an array of native wildlife, including the resident

platypus, ducks, kookaburras, parrots, echidnas, wallabies, and the elusive Powerful Owl.

The meticulously renovated residence, bordering the serene Belgrave Lake Park, provides an idyllic

family sanctuary with not a neighbour in sight. Designed over two levels, each window frames the

lush evergreen views, immersing you in nature’s embrace. Offering four bedrooms, including a

master suite with an ensuite, walk-in robe, and an adjacent retreat that can also serve as a home

office, this home also caters to multi-generational living with ease.

At the heart of the home, the spectacular open plan living, meals, and kitchen area is illuminated by

a striking skylight that accentuates the gleaming Tasmanian oak floors and a majestic Coonara wood

fire encased in stone. The kitchen is a chef's delight, boasting a grand stone island, premium

stainless-steel appliances, and a servery to the deck, perfect for alfresco dining.

Outdoors, the property offers a verdant oasis with mostly flat lawns dotted with tree ferns, fig and

lemon trees, and a charming chook house. Envision housing chickens, a goat, alpacas, or perhaps a

pony, or even setting up your very own football pitch. The rear paddock, set against a bushland

backdrop, is ideal for livestock or simply enjoying an evening bonfire.

This property's wrap-around all-weather entertaining deck means you can easily share your idyllic

lifestyle with family and friends with guest parking aplenty. There’s a 4-cargarage/workshop as well

as a double carport plus oodles of forecourt parking for caravans, boats, or even a truck or a bus.

Next door to Belgrave Lake Park where you can enjoy the new playground, picnics and the off-leash

dog area, and a short walk to Belgrave Station and shops, St Thomas More Primary School, Selby

Primary School and Mater Christi College as well as a short drive to neighbouring shops and schools

in Belgrave South.

At a Glance:

• 4 bedroom, 2 bathroom lifestyle home on approx. 8186m2.

• Family Living: Enjoy seamless indoor-outdoor living with an open-plan kitchen, meals, and

lounge area illuminated by a large skylight and a cosy Coonara wood fire.

• Entertaining: a wrap-around deck serves for year-round gatherings.

• Perfect for Kids & Pets: With spacious lawns and fenced paddocks, kids can roam freely, and

there’s ample room for livestock.

• Four Spacious Bedrooms: The master bedroom with ensuite and retreat/home office resides

on the lower level, with outdoor access, ideal for multigenerational living. Three additional

bedrooms and a family bathroom are housed upstairs.

• Modern, Well-Equipped Kitchen: The grand stone island with stainless-steel appliances, gas

cooktop, and double oven complements a servery to the deck.

• Prime Location: Steps from Belgrave Lake Park and minutes from local amenities, yet

completely secluded, with no neighbours in sight.

• Car Parking: Boasting a 4-car garage/workshop, double carport, abundant parking for

caravans or boats,

• Extra Comforts: a third toilet off the laundry, gas heating, and evaporative cooling, ensuring

this property is as practical as it is magical.

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 Elliot Bell, Bell Real Estate Belgrave — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3
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.