3 Martin Street, Belgrave VIC 3160
3 Martin Street, Belgrave VIC 3160
4 bed on 979sqm | Large land in Belgrave | Family-oriented street | Outdoor deck and BBQ area
This property offers a rare combination of generous land size and functional family living, sitting on a substantial 979sqm allotment in a developed residential street of Belgrave. The four-bedroom configuration with two bathrooms and a covered outdoor deck and BBQ area is well-suited to families seeking space both inside and out. The rendered brick finish suggests solid construction, and the large lot provides potential for future improvements or subdivision, depending on local zoning. This house is best positioned for buyers wanting a detached home with room to grow, where land value and suburban amenity are the primary drawcards.
The historical rental signal of $410 per week from 2015 provides a baseline for rental return, though current market conditions may support a higher figure. The discrepancy between the historical record of four car spaces and the current listing of two could indicate a change in parking configuration or simply an error in the older listing, which may affect storage or off-street parking expectations. Without confirmed details on renovation history, interior finishes, or heating and cooling systems, the property’s condition should be verified through inspection. The absence of recent comparable sales nearby means the asking price range should be tested against current market activity in Belgrave.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3 Martin Street, Belgrave VIC 3160
Market Insight:
Belgrave is a sought-after, semi-rural suburb offering a distinct lifestyle in the Dandenong Ranges foothills. Demand is driven primarily by professional families seeking its bushland charm, creating a stable market. Recent house price trends show mixed signals, though properties sell quickly, indicating sustained buyer interest. Future growth is anchored in its unique character appeal, while limited unit sales data presents a constraint for assessing that segment’s trajectory.