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Belgrave South

POSTAL CODE: VIC, 3160
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -3.24% capital gain.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,017,500.

Profits due to an downward trend in home prices there averaged -1.08% per annum over a 3-year period.

Home owners selling their properties and realtors in BELGRAVE SOUTH usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BELGRAVE SOUTH.

BELGRAVE SOUTH, 3160 places th in Australia based on median property value growth during the quarter.

Surburb overview

Belgrave South is a small outer-eastern suburb of Melbourne located within the Shire of Yarra Ranges, positioned on the southern slopes of the Dandenong Ranges. The suburb is situated approximately 40 kilometres east of the Melbourne central business district and lies south of Belgrave, bordered by Belgrave Heights, Kallista and forested parkland.

Belgrave South recorded a population of around 1,400 residents at the 2021 census, reflecting its low-density, semi-rural residential character. The demographic profile is dominated by family households and long-term residents, with a median age above the metropolitan average.

Homeownership rates are high, indicating residential stability and limited rental housing. Housing in Belgrave South consists almost entirely of detached dwellings, many located on large, sloping blocks with bushland surrounds. Development density is low, with minimal subdivision and strong planning controls influenced by bushfire management and environmental protection.

Public transport access is limited, with no railway station in the suburb. Residents typically access train services at nearby Belgrave station, which provides direct services to the Melbourne CBD via the Belgrave line.

Bus services operate in the area, but are infrequent compared with those in inner and middle-ring suburbs. Road access is primarily via Belgrave–Gembrook Road and local hillside roads, which connect the suburb to Belgrave and surrounding Dandenong Ranges communities.

Local retail and service amenities are not located within Belgrave South, with residents relying on Belgrave and Kallista for supermarkets, cafés, medical services and professional offices. Educational facilities are similarly accessed in nearby suburbs, with primary and secondary schools located outside the suburb and reached by car or public transport.

Recreational and environmental amenities are a defining feature, with proximity to the Dandenong Ranges National Park. Bushwalking tracks, forest reserves and picnic areas support nature-based recreation and outdoor activity.

Local reserves and rural roads provide opportunities for walking and cycling rather than organised sport. Tree canopy coverage, bushland interfaces and elevated terrain contribute to a semi-rural atmosphere despite proximity to metropolitan Melbourne.

Employment among residents spans education, health care, trades, professional services and remote work, with most commuting to employment centres elsewhere in Melbourne. Belgrave South’s identity is shaped by its hillside setting, low-density housing and strong connection to the natural landscapes of the Dandenong Ranges.

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