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Yarra Ranges Shire

Belgrave

Belgrave Property Market
& Suburb Profile

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MEDIAN PRICES IN BELGRAVE

Median house price

(all agencies, last 12 months)$820k*

House price change

(all agencies, last 12 months)+2.18%

Median unit price

(all agencies, last 12 months)$667k*

Unit price change

(all agencies, last 12 months)-6.06%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BELGRAVE price TRACKER

Houses0

Belgrave sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)15

Average days on market (units)

(all agencies, 12 months)37

Average held period in Belgrave

(proptrack)16 years

Belgrave Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$675pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$532pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)4.08%

Average rental yield for Units

(all agencies, last 12 months)4.15%

Belgrave total population size

(as at the last census)3,894

Median household size in Belgrave

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Belgrave property types

  • Houses 63%
  • Units 4%
  • Other 33%

OCCUPANCY in Belgrave

  • Owned 91%
  • Rented 7%
  • Other/Not Stated 2%
  • Singles 19%
  • Families 79%
  • Other 3%

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About Belgrave

Belgrave is a beautiful suburb of Melbourne nestled in the lush surrounds of The Sherbrooke Forest, Just 35 km east of the Melbourne CBD.

There is something for everyone, with Sooki Lounge, Gin Lane and Bell Tavern offering live music in the main strip along with many local cafes, markets and specialty stores. Other nearby attractions include The 1000 Steps, Sherbrooke Forest and Sherbrooke Falls in the Dandenong Ranges National Park.

Great for:

  • Parks & Recreation
  • Neighbourly Spirit
  • Peace & Quiet
  • Clean & Green
  • Public Transport

Who lives here?

  • Families with kids
  • Professionals
  • Singles
  • Tourists
  • Country Lovers

Suburbs nearby:

  • Upwey
  • Sherbrooke
  • Kallista
  • Tecoma
  • Belgrave
  • Selby
  • Belgrave Heights
  • Belgrave South

References: Wikipedia and Homely

Are we missing anything about Belgrave, or does anything here need updating? Feel free to email us suggestions to: [email protected].

Education

Mater Christi College
St Thomas More's School
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Sales Comparison

Find out how Belgrave median sales prices compare to neighbouring suburbs.

Belgrave MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202568$743,5002.18%15$604pw4.12%
202485$777,5001.23%13$584pw4.17%
202371$407,500-4.90%26$542pw3.88%
202267$428,5149.18%25$493pw3.69%
202185$392,50015.22%15$437pw2.99%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202568$743,500+2.18%
202485$777,500+1.23%
202371$407,500-4.90%
202267$428,514+9.18%
202185$392,500+15.22%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202515$604pw4.12%
202413$584pw4.17%
202326$542pw3.88%
202225$493pw3.69%
202115$437pw2.99%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.