Delora

Bellfield (Banyule - Vic.) house prices & rent trends — the risks to check before you buy

Bellfield (Banyule - Vic.) is a small community with a median age of 36, less socio-economically advantaged than most areas on the ABS's SEIFA index. Housing is mixed, with a notable share of townhouses (around 24%) alongside houses. The area is still light on cafés, shops and other everyday amenity. It's not served by train or tram. The median house price sits at $993,500. Worth weighing against who lives here and how the area is set up, before you look at the planning and risk checks below for a specific property in Bellfield (Banyule - Vic.).

Ready to look at a specific property here? See the due diligence hub for what to verify before you sign.

House median
$993,500
▲ 5.5%/yr
Unit median
$630,000
apartment / flat
Median rent
$375/wk
per week
Gross yield
2.0%
rent ÷ house price
SuburbFlood

Suburb boundary with planning overlays — toggle them top-right. Map © OpenStreetMap, © CARTO; overlays © Vicmap Planning.

Bellfield (Banyule - Vic.) by the numbers

Cost & market
Typical house price
$993,500
median sale · ▲ 5.5% / yr
Typical unit price
$630,000
median apartment / flat
Typical rent
$375/wk
median weekly (Census 2021)
Rental yield
2.0%
gross — annual rent ÷ house price
Who lives here
Population
1,996
usual residents (Census 2021)
Owner-occupied
52%
43% rented
Median age
36 yrs
of residents
Personal income
$722/wk
median, per week
Household income
$1,845/wk
median, per week
Avg household size
2.6 people
people per home
Monthly mortgage
$2,300/mo
median repayment
Recorded crime
90 per 1,000 residents
a year, across all of Banyule council, not just Bellfield (Banyule - Vic.) · around the state average
How advantaged the area is

Deciles 1–10 vs all Victorian areas — 10 = most advantaged — from the ABS SEIFA index. A demographic measure, not a house-price one. These three don’t always move together — a suburb with lots of renters or students, for example, can score high on education but lower on income and housing costs.

Overall advantage
3/10
Less advantaged than most
Economic resources
2/10
income, housing costs & wealth
Education & occupation
8/10
qualifications & skilled jobs
The homes here

Mix of dwelling types across the suburb (Census 2021)

Houses 74%Townhouses 24%Apartments 1%

Who owns and rents here (Census 2021)

Owned 52%Private rental 22%Social housing 16%
More detail on building height and bedroom mix (Census 2021)

Bedroom mix (share of all occupied dwellings):

  • Studio or 1 bedroom: 1%
  • 2 bedrooms: 28%
  • 3 bedrooms: 48%
  • 4 or more bedrooms: 21%

Not sure whether a house, townhouse or apartment suits you? Decide what to buy →

Location & lifestyle
Distance to the CBD
~9.4 km
from the suburb centre
Getting around
0 train · 0 tram · 11 bus
nearest train station ~1.9 km · counts are stop points, not stations (a station is often several)
Cafés & amenity density
0 cafés
Low café & amenity density — likely more car-dependent
Restaurants
0
places to eat nearby
Supermarkets
0
grocery stores nearby
Pharmacies
0
chemists nearby
Parks
2
green space nearby
Schools
1
primary & secondary
Nearest Centrelink
~2.8 km
outside the suburb
Zoning & planning controls — check before you buy

Land use across the suburb (planning zones)

Residential 67%Public / Parks 26%Other 6%
Zoning
Residential
mostly General Residential Zone – Schedule 1 (GRZ1) · 49% of the suburb
Heritage overlay
Very low · 0%
of the suburb — verify this address
Flood overlay
Moderate · 8%
of the suburb — verify this address
Bushfire overlay
Very low · 0%
of the suburb — verify this address
Building & development controls

Planning overlays that can affect building, renovating or removing vegetation somewhere in Bellfield (Banyule - Vic.) — confirm whether any apply to the specific address.

  • Design & Development Overlay — height, setback or design rules on new building
  • Vegetation Protection Overlay — a permit is needed to remove or lop protected trees
  • Significant Landscape Overlay — controls to protect the area’s landscape character
  • Environmental Significance Overlay — environmental values that constrain development
  • Development-contributions levy — new development pays an infrastructure contribution

Overlay colours reflect how much of the suburb an overlay covers — green under ~8%, amber ~8–20%, red above 20%. Public-acquisition, contamination (EAO) and floodway overlays are flagged (below) wherever they apply, because even a small area can include a specific property.
Recorded crime is a council-wide rate — every offence police logged over the latest year (theft, property damage, drug and traffic offences and the like, not only violent crime) divided by the council’s residents. A broad area signal, not a figure for this exact street.
All figures are suburb-level indicators, not property-specific — always confirm the exact address on the Section 32. Sources: ABS Census 2021, Valuer-General Victoria, DFFH Rental Report, Crime Statistics Agency Victoria, Vicmap Planning, Victorian Government UDP, Victorian Department of Education (schools & zones, via data.vic, CC BY 4.0), OpenStreetMap. What do these terms mean?

How Bellfield (Banyule - Vic.) compares

Where Bellfield (Banyule - Vic.) ranks against other suburbs on the measures buyers ask about — a higher bar isn’t always “better”, it’s just where this suburb sits.

Price
more expensive than 45%
Advantage
more advantaged than 11%
Recorded crime (council area)
lower recorded crime than 27%
Café & amenity density
denser in cafés & shops than 1%
CBD access
closer to the city than 85%
Price
more expensive than 12%
Advantage
more advantaged than 6%
Café & amenity density
denser in cafés & shops than 1%
CBD access
closer to the city than 94%

Prices & rents over time

How Bellfield (Banyule - Vic.)’s market has moved — up to 12 years of sale prices and 20+ years of rents.

Median sale price over time
By year (Valuer-General Victoria). Small-suburb medians can swing year to year on a few big sales — read the trend, not the wiggles.
HousesUnits
YearHousesUnits
2024$951,000$734,000
2023$950,000$841,000
2022$965,000$691,000
2021$992,500$895,000
2020$775,000$715,000
2019$790,000$655,000
2018$882,500$665,000
2017$897,000$614,500
2016$778,000$477,500
2015$700,000$527,500
2014$582,500$523,000
2013$516,000$507,500

New development pipeline

Major residential redevelopment tracked by the Victorian Government (UDP 2025) — infill and apartment/townhouse sites, not greenfield house-and-land estates.

~360 new dwellings · 5 major projects · 68% apartments
New dwellings by project stage (Victorian Government · UDP 2025).
Committed 165Proposed 195Recently completed 58

Planning changes in Bellfield (Banyule - Vic.)

No zone changes or new planning overlays have been recorded on land in Bellfield (Banyule - Vic.) since 2017 — its planning rules have stayed put over the period we track. That stability is itself worth knowing.

Source: Vicmap Planning Scheme History (2017–present). How Melbourne’s zoning actually changed over the decade →

Schools

Parts of Bellfield (Banyule - Vic.) fall within 3 primary and 1 secondary government school catchments. 1 school is located within the suburb (1 government).

Government schools have address-based catchment zones; Catholic and independent schools set their own enrolment processes.

Zoned government schools
Catchments that cover part of Bellfield (Banyule - Vic.) — a suburb can span several, and your exact address decides which applies. Confirm at findmyschool.vic.gov.au.
Primary
Charles La Trobe P-12 CollegeIvanhoe Primary SchoolPenders Grove Primary School
Secondary
Thornbury High School
Schools in Bellfield (Banyule - Vic.)
Every school physically located within the suburb, by sector and type.
Waratah Special Developmental School · Government specialist

What to check before you buy in Bellfield (Banyule - Vic.)

Bellfield (Banyule - Vic.) has relatively light heritage-overlay coverage (about 0%), though it can still apply to individual parcels. Parts of the suburb (about 8%) sit under flood-related overlays. The specific things worth confirming here, plus the two every buyer should check.

C1

Public Acquisition Overlay

Part of Bellfield (Banyule - Vic.) is reserved for a future public work (e.g. a road or rail project) under a Public Acquisition Overlay — land it covers can be compulsorily acquired by the authority. Check whether this specific property is affected before you commit.

C2

Check for a flood overlay

Parts of Bellfield (Banyule - Vic.) (~8%) sit under flood-related overlays. Confirm whether this address is affected.

C3

Easements & covenants

Check Section 3 for easements (e.g. drainage/sewer along a boundary — you usually can’t build over them) and restrictive covenants (single-dwelling, materials, height) that limit your plans.

C4

Owners corporation (if applicable)

Apartments and many townhouses in Bellfield (Banyule - Vic.) are in an owners corporation. If so, the statement must include its certificate — review annual fees, any special levies, the maintenance fund and insurance.

Already under contract in Bellfield (Banyule - Vic.)?

Buyer questions about Bellfield (Banyule - Vic.)

What should I check in a Section 32 for Bellfield (Banyule - Vic.)?

For Bellfield (Banyule - Vic.), pay particular attention to any heritage overlay (none mapped at suburb level — check the specific parcel), any flood-related overlay (~8%), easements and restrictive covenants on the title, and — for apartments — the owners-corporation certificate with its fees and any special levies.

Does Bellfield (Banyule - Vic.) have heritage overlays?

No heritage overlay coverage was mapped for Bellfield (Banyule - Vic.) at the suburb level. That doesn't rule out an individually heritage-listed property or a Heritage Overlay on a specific parcel — check the planning section of the Section 32 for this address.

Is a free Section 32 review legal advice?

No. Delora gives a fast, plain-English review to help you understand the statement and ask better questions. Always have a licensed conveyancer or solicitor review the contract before you sign.

Neighbouring suburbs

The 4 suburbs that border Bellfield (Banyule - Vic.).

Browse all suburbs →

Learn how to use this page

The heritage, flood and bushfire figures above are suburb-wide — they tell you how common an overlay is here, not whether it applies to one specific address. Confirm via VicPlan and an in-person inspection before you rely on them.