8 Belgrave-Hallam Rd, Belgrave is a 5 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 1163m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2003.
Home Owners and Investors, make your mortgage more affordable by unlocking multiple income earning possibilities: Share costs with extended or multi generational family Combine long term living or rental with short stay hosting (AirBnB) Run a business from home with private client accessThe options are genuinely endless. Perfectly positioned within walking distance to Belgrave Village, the train station, schools, restaurants and entertainment, this freshly updated character home offers a rare opportunity to secure a property that can actively help offset your mortgage. Set on a generous 1,163m (approx. acre) allotment with established gardens and peaceful leafy surrounds, it blends Hills Charm with a layout designed for flexibility, privacy and potential income generation. Featuring five bedrooms, two bathrooms, two living areas and a dedicated study, what sets this apart is the thoughtful separation of spaces: each living zone has its own private entrance, split system heating and cooling, and excellent privacy. This configuration is ideal for combining relaxed living with short stay hosting, long term rental arrangements, shared living with extended family, or operating a home based business without compromising your own space. It's a level of independence rarely found in character Hills homes-especially this close to Belgrave. Separate metering enhances the financial appeal, allowing occupants to contribute independently to running costs. For buyers wanting to reduce mortgage pressure or create a reliable income stream, this property offers a ready made solution. Fronting two roads, this adds further value, providing opportunities for additional shedding, workshop, studio or home business, along with development potential (Subject to Council Approval). Off street parking for three vehicles is currently available. Surrounded by established gardens and enjoying tranquil native outlooks, the home feels wonderfully private while remaining moments from Belgrave's cafs, shops, schools, public transport and the walking trails of the Dandenong Ranges. For buyers seeking a home that offers character, space and a genuine financial advantage, this property presents an exceptional opportunity in one of Belgrave's most convenient and tightly held locations.
The size of Belgrave is approximately 4.2 square kilometres. There are 15 parks, covering nearly 20.4% of the total area. The population of Belgrave in 2016 was 3929 people. By 2021 the population was 3894 showing a population decline of 0.9% in the area during that time. The predominant age group in Belgrave is 40-49 years. Households in Belgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belgrave work in a professional occupation.In 2021, 91.50% of the homes in Belgrave were owner-occupied compared with 87.80% in 2016.
Belgrave has 1,787 properties. Over the last 5 years, Houses in Belgrave have seen a 5.80% increase in median value, while Units have seen a 10.83% increase. As at 31 July 2026:
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