OFF MARKET

127 Belgrave-Gembrook Road
Selby VIC 3159

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 717m2
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Property Details for 127 Belgrave-Gembrook Rd, Selby

127 Belgrave-Gembrook Rd, Selby is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 717m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1920
Land Size
717m2
Local Government
Yarra Ranges
Lot/Plan
CP153236

Last Listing description (August 2022)

****OFFERS
CLOSING FRIDAY 6TH MAY AT 3PM****

This property is more than meets the eye with dual-income currently available or the option of living and working space all in one!

You could even live in the house and have income from the shop! The home features 4 large bedrooms over 2 levels, plus a study, including a large master bedroom with a walk-in robe and ensuite plus rear deck to enjoy the treed outlook. The kitchen is updated.
There are 2 modern bathrooms and 3 toilets in the house, plus lounge and dining upstairs and multipurpose room downstairs and also a large storeroom.
The property is currently leased out as a shop at the front paying $660 per month and the house at the rear paying $430 per week its a great return on investment in this world of low-interest rates.
The yard is fully fenced with a sealed driveway to the rear carport and garage/workshop, plus 2 car parking off Belgrave-Gembrook rd next to the shop.
The shop is fitted out with quality fittings and currently consists of 4 rooms and a toilet.
If you are looking for a property with options, with plenty of exposure, then look no further!

Contact Mick Dolphin on 0429684522 or Emily Hudson on 0418 570 474 to arrange your inspection today!

Ranges First National COVID directives being followed*
https://www.consumer.vic.gov.au/duediligencechecklist
Please note: All property details listed were current at the time of publishing.

Property History for 127 Belgrave-Gembrook Rd, Selby, VIC 3159

A timeline of how this property has performed in the market
Last Sold
$675,000
09 May 2022
Listed for Rent
$430/w
20 Apr 2020
  • 09 May 2022
    Sold for $675,000
  • 01 Oct 2021
    Listed for Sale $660,000 - $720,000
  • 07 Apr 2020
    Listed for Rent - Price not available
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About Selby 3159

The size of Selby is approximately 6.5 square kilometres. It has 12 parks covering nearly 13.2% of total area. The population of Selby in 2011 was 1,660 people. By 2016 the population was 1,655 showing a population decline of 0.3% in the area during that time. The predominant age group in Selby is 40-49 years. Households in Selby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Selby work in a professional occupation. In 2011, 88.6% of the homes in Selby were owner-occupied compared with 90.5% in 2016.

Selby has 686 properties. Over the last 5 years, Houses in Selby have seen a 46.51% increase in median value. As at 31 August 2024:

  • The median value for Houses in Selby is $1,008,424 while the median value for Units is $715,564.
  • Houses have a median rent of $425.
There are currently 8 properties listed for sale, and no properties listed for rent in Selby on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Selby.

Suburb Insights for Selby 3159

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.