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 › Spring Rd
$2,250,000
Last sold
8 Jan 2021
6
Bedrooms
4
Bathrooms
6
Car spaces
40,468.564 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
$2,250,000
8 Jan 2021 · derived via latest_sale
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
+119.0%
Median sale
Suburb $1,027,500
-1.73 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 First National Real Estate RangesThis has to be one of the best 10-acre lifestyle properties in the area, if not the BEST. The minute you drive through the stonework entrance and meander up the tree-lined drive past post and rail paddocks you will realize this is a very special property.
Arriving at the home you will be amazed by an outlook that takes your breath away. The home itself is stunning, with views from every window. Virtually fully updated with stunning kitchen, timber floors, 2 wood fires, and an ensuite with a free-standing bath, a great place to relax in at the end of the day. The stone fireplace in the sitting /dining room is a masterpiece and you could imagine yourself enjoying a glass of wine in the cooler months or with summer fast approaching why not enjoy a BBQ on the separate decking or courtyard.
Currently, the home has 4 distinct bedrooms or a 5th under roofline being used as a home office and there is also a separate granny flat ideal for in-laws, teenagers or external home office. With a 3 car garage and separate shedding offering room for another 3 cars or undercover boat storage/workshop means there is room for everyone.
The home is surrounded by established palms, rare trees and it is almost impossible to list all of the outstanding features of the grounds.
Other features such as 2 dams, means there is plenty of water all year round, a veggie garden area, children's playground and plenty of room for horses, sheep, cattle or even an alpaca or 2.
The property is only a 30-second drive to Wellington Road, offering easy access to the city and surrounding suburbs, 3 minutes to Belgrave South schools, shops and only a few extra minutes drive to Belgrave train station means it’s the ideal location to start your new lifestyle. To really appreciate what's on offer here, an inspection is a must!
Currently able to be viewed By Private Appointment, please contact the agent to arrange a suitable time.
Ranges First National COVID directives being followed.
https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Mick Dolphin, First National Real Estate Ranges — reproduced as published, not verified by Districts.