Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Upper Ferntree Gully › Old Belgrave Rd
$920,000
Last sold
8 May 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
1,176 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
$920,000
8 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $796/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Ferntree Gully
+1.1%
Median sale
Suburb $910,000
-0.04 pp
Gross yield
Suburb 3.37%
Suburb median $910,000 from 38 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 $589/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
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate BelgraveSome homes just feel good the moment you walk in. Maybe it’s the timber accents that glow with warmth, the northern sun spilling through wide windows, or the way the home gently blends with the natural landscape. Or maybe it's knowing this home has been loved for 37 years by the same family - gently evolving over time but always holding onto its heart.
Originally a modest 9-square Western Red Cedar cottage, the home has grown with grace. Set on over a quarter of an acre, two thoughtful extensions have added space without compromising character. Now, it’s a generous four-bedroom, two-living-room sanctuary with split-level charm and leafy outlooks from nearly every window. And the location? Hard to beat - nestled in a peaceful pocket just a 10-minute stroll from Upwey Village and train station, with the 1000 Steps and Ferntree Gully National Park practically on your doorstep.
Inside, every detail tells a story. In the kitchen, reclaimed bench timber - once floorboards from an old railway station - anchor the space with rustic charm, paired beautifully with a full suite of premium Smeg appliances. Cypress pine floors carry you across two separate yet connected living zones: a family room warmed by a Eureka built-in wood fire, and on the opposite side of the kitchen, a second living and dining domain bathed in natural light from soaring clerestory windows. Both zones open to the front deck, with bifold doors from the meals area inviting effortless indoor-outdoor flow and easy entertaining.
Tucked into its own private wing, the main suite is a true retreat - lavishly sized with a walk-in robe, a double shower ensuite, and french door access to the deck where you can soak up calming National Park views. Three additional bedrooms are located on the upper level, including bedroom 2 with ensuite-effect access to the two-way family bathroom, and an oversized, bedroom 3.
Out front, a full-width deck wraps around the home, offering a perfect spot to slow down, take in the lush northerly vistas, or gather with friends while the sausages sizzle away. Around the side, an outdoor hot tub invites you in for starlit soaks. And the garden? A charming collection of fruit trees, veggies, herbs, and whimsy - more "choose your own adventure" than perfectly pruned.
At a Glance:
• Split-level four-bedroom home with two living areas on 1176m2 approx
• Parents' retreat with ensuite (double shower), walk-in robe and National Park views
• 3 bedrooms upstairs; bedroom 2 with ensuite effect
• Kitchen with Smeg appliances & reclaimed timber benches
• Bi-fold doors to sunny front entertaining deck
• Eureka built-in wood fire + Braemar ducted heating and ceiling fans
• Double glazed windows (front)
• 17 solar panels (5.1kw) with Solar Edge inverter system
• Double carport + driveway parking
• Huge under-house storage
• Outdoor spa
• Tiered garden with olives, lemons, bananas, herbs, veggie beds
• Just a short walk to Upwey Villages and station and moments from Upper Ferntree Gully station and shops
• Close to Upper Ferntree Gully and Upwey South Primary Schools, Upwey Secondary and St Joseph’s College
• Close to the 1000 Steps, Gilmour Park, and Angliss Hospital
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.