Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Belgrave › Belgrave Hallam Rd

8 Belgrave Hallam Rd, Belgrave VIC 3160

For saleHouse

$855,000

For sale

Asking

5

Bedrooms

2

Bathrooms

0

Car spaces

1,163 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $855,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $855,000(Listing record · 9 July 2026)
  • FactLand 1,163 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Belgrave (last 5 years) with land size: median $746/m² of land (n=136). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 6% below the Belgrave median recorded sale ($910,000, n=42, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Belgrave's advertised median rent ($628/wk), implied gross yield would be 3.82% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$855,000

Asking · $735/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Belgrave (last 5 years) with land size have a median of $746/m² of land (n=136). 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

-6.0%

Median sale

Suburb $910,000

+0.23 pp

Gross yield

Suburb 3.59%

Suburb median $910,000 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$855,000
Stamp Duty (Victoria)
$46,370
Transfer/Registration Fee
$2,105
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$907,175

$52,175 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Belgrave's advertised median rent — not a rent for this listing.

Net yield
2.32%
Annual cashflow (pre-tax)
$-24,629
Interest cover (DSCR)
0.45
Annual rent
$32,656
Operating expenses
$12,825
Loan amount
$684,000
Annual interest
$44,460
Gross yield
3.82%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$855,000available9 July 2026

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 3.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Belgrave Hallam Rd →

Listing material

Listed by Barry Plant Emerald

FLEXIBLE FIVE BEDROOM CHARACTER HOME WITH BUILT IN EARNING POTENTIAL

Perfectly positioned within walking distance to Belgrave Village and the train station, this beautifully updated and freshly painted character home delivers the ideal combination of timeless charm, modern comfort and outstanding flexibility. Set on a generous 1,163m² (approx. ¼ acre) allotment with established gardens and tranquil leafy surrounds, this is a property designed to adapt to the needs of growing families, multi-generational living or savvy investors.

Rich in Hills character, the home showcases beautiful original leadlight features while offering all the modern updates needed to simply move in and enjoy. Inside, you'll discover a spacious and versatile floorplan comprising five bedrooms, two bathrooms, two separate living areas and a dedicated study. The home's unique design provides two distinct living zones, each with its own private entrance, creating exceptional privacy for extended families, teenagers, guests or those working from home.

Adding even greater versatility, the property features separate metering, allowing independent contribution to household running costs, making it an attractive option for multi-generational households or those looking to generate additional income. Investors will also appreciate the home's strong appeal for both long-term rental accommodation and short-stay opportunities.

Read the full description

The dual-access allotment further enhances the property's appeal, offering exciting possibilities for additional shedding, a workshop, studio or home business, along with future development potential (subject to council approval). There is ample off-street parking for three vehicles.

Surrounded by established gardens and enjoying peaceful native outlooks, the home offers a wonderful sense of privacy while remaining just moments from Belgrave's vibrant cafés, shops, schools, public transport and the stunning walking trails of the Dandenong Ranges.

Whether you're searching for a spacious family home, flexible living for multiple generations, or an investment with outstanding long-term potential, this unique Hills property presents an exceptional opportunity in one of Belgrave's most sought-after locations.

Listing description written by Justin Barrot, Barry Plant Emerald — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Shed
  • Study

Also look at

Also for sale in Belgrave

  • 43 Station St, Belgrave VIC 3160

    3-bed house. Asking $780K–$845K.

    For sale
  • 3 Peters Rd, Belgrave VIC 3160

    3-bed house. Asking $780K–$850K.

    For sale
  • 5 Martin St, Belgrave VIC 3160

    3-bed house. Asking $730K–$790K.

    For sale
  • 15 Wedgewood Ave, Belgrave VIC 3160

    3-bed house for sale. Asking $440K–$480K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.