Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$773,000
Last sold
25 Oct 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
782 m²
Land
152 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$773,000
25 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $927/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
+10.4%
Median sale
Suburb $700,000
-0.41 pp
Gross yield
Suburb 4.29%
Suburb median $700,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $577/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayPeacefully situated at the front of a quiet cul-de-sac in a tranquil pocket of Montrose, this impressive family home sits on a large sized 782m2 block with room for the kids to explore and enjoy outdoor fun. With nothing left to do than simply move in and unpack, this is a home that needs to be seen to be appreciated.
The home itself is an excellent size spread over 200m2 of usable space, boasting four good sized bedrooms, two bathrooms, good sized living and dining areas and timber kitchen with breakfast bar.
Located just minutes from major shopping and convenience of Glenorchy City, world acclaimed MONA museum and a mere 15 minutes to the Hobart CBD the location is perfect for those seeking a quiet quality area with the added bonus of nearby access to the Wellington Ranges walking & mountain bike tracks. Come and see for yourself, the best of all worlds don't come along often so be quick to inspect!
Key features:
• Spacious immaculately presented family home
• Large open plan living/dining/kitchen area
• North east facing sun drenched patio off the dining room
• Flexible floor plan
• Combustion heater
• Established low maintenance and well manicured garden
• Remote controlled garage with internal access
• Workshop/cellar under with third toilet
• Captures water views and surrounding hills
• Close to all amenities, schools, restaurants and shops
Get to know Montrose
Montrose is a great family suburb, with convenient services and amenities close by including cafes, parks, sports grounds and schools in the immediate area. Northgate Shopping Centre is just a short commute away and Hobart CBD is located only 15 minutes away.
With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in. Demand is currently high with stock levels extremely low and we encourage you get in quick on this opportunity.
Year Built: 1995
Construction: Brick Veneer
Roof: Galvanised Iron
Annual Council Rates: approx. $1955 pa
Annual Water Rates: approx. $1508 pa
Rental Appraisal: $490 - $540
Listing description written by Tony Dion, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.