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 › Seymour St
$630,000
Last sold
9 Sept 2024
3
Bedrooms
2
Bathrooms
0
Car spaces
1,093 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
$630,000
9 Sept 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.
Vs Belgrave
-30.8%
Median sale
Suburb $910,000
+1.59 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 BelgraveSitting pretty on the high side, this mostly original condition home showcases an inviting weatherboard façade that whispers the promise of a new beginning. Inside reveals a renovator’s treasure trove that will require a little TLC, but if you’re willing to put in the work, you will be rewarded with a fabulous family home that despite its tranquil setting, is just a short stroll from Belgrave Central. The home offers a blank canvas ready for creative transformation with remnants of a bygone era intact including gorgeous sash windows, picture rails and ceiling cornices. Sure to impress builders, tradies or first home buyers seeking to create their dream sanctuary in a premier “close to everything” locale, the home is situated moments from Belgrave's cafes, cinema, schools, and train station.
The layout features two bedrooms, an open plan living/meals/kitchen that flows out to a sunny front deck (perfect for watching the sunset) plus a partially updated bathroom. Downstairs are two rooms which could be a second living, home office or mud room and separately accessed is a third bedroom with bathroom/laundry which could even be rented out or used for multigeneration families.
The lush and leafy elevated allotment further entices with a detached bungalow with a bedroom and retreat/living perfect as a home office or studio after a bit of TLC, a carport and an old shed also requiring some TLC.
Location wise it doesn’t get much better. Positioned in a beautifully quiet foothills setting just 550m from the station, walking distance to Mater Christi College and minutes from the Main Street where you will find cinemas, shops, supermarkets, restaurants, and cafes. You are also a commutable distance from Melbourne CBD making this the ultimate renovation project.
At a Glance:
• Three-bedroom, two bathroom split-level home on 1093m2 in need of renovation.
• Third bedroom with 2nd bathroom accessed via a separate entrance.
• Large deck off the front of the home.
• Solar System - Panels located on the shed and inverter located inside of shed
• Separate bungalow ideal as a home office.
• Lush and leafy elevated allotment.
• Carport and shed.
• Vast under house storage.
• Split system air-conditioning.
• Walking distance to Belgrave township.
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.