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VIC › Healesville › Montpellier St

1 Montpellier St, Healesville VIC 3777

For saleHouse for Sale

$890,000–$935,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

3

Car spaces

1,078 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $890,000–$935,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $890,000–$935,000(Listing record · 30 Apr 2026)
  • CalculationLand 1,078 m² against a 228 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 11% above the Healesville median recorded sale ($800,000, n=67, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Healesville's advertised median rent ($521/wk), implied gross yield would be 3.04% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$890,000–$935,000

Asking range · $826/m² of land

No recorded sale for this property.

Healesville at a glance

7,772

People

$800,000

Median sale

$521/wk

Median rent

3.39%

Suburb gross yield

Median sale from 67 recorded sales (last 12 months) — a Districts calculation.

See the full Healesville report →

Vs Healesville

+11.3%

Median sale

Suburb $800,000

-0.35 pp

Gross yield

Suburb 3.39%

Suburb median $800,000 from 67 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$890,000
Stamp Duty (Victoria)
$48,470
Transfer/Registration Fee
$2,187
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$944,357

$54,357 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Healesville's advertised median rent — not a rent for this listing.

Net yield
1.54%
Annual cashflow (pre-tax)
$-32,538
Interest cover (DSCR)
0.30
Annual rent
$27,092
Operating expenses
$13,350
Loan amount
$712,000
Annual interest
$46,280
Gross yield
3.04%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$890,000–$935,000available30 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $521/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Healesville in one glance

Healesville at a glance

7,772

People

$800,000

Median sale

$521/wk

Median rent

3.39%

Suburb gross yield

Median sale from 67 recorded sales (last 12 months) — a Districts calculation.

See the full Healesville report →

Keep researching

  • Why Healesville? Read the area thesis →
  • What else is on the market in Healesville →
  • Other records on Montpellier St →

Listing material

Listed by Eview Group

Panoramic Yarra Valley Views, Prime Hilltop Position & Exceptional Flexibility

Set high on a 1078sqm (approx.) largely relatively flat hilltop allotment, this remarkable Healesville property captures sweeping, uninterrupted Yarra Valley views that are protected from future development - a rare and valuable advantage for both lifestyle buyers and investors.

Offering approximately 230sqm of internal living (including a separate bungalow) plus an additional 40sqm (approx.) of enclosed indoor-outdoor alfresco living/sunroom, this is a home that delivers space, versatility and long-term potential in equal measure.

If you've been searching for:

Read the full description

commanding valley views without neighbouring intrusion

a near-level, highly usable block suitable for a range of future plans

walking distance to Healesville's town centre

and a property that combines character, comfort and income potential

…you'll know how rarely these elements align. 1 Montpellier Street delivers them all.

A Home with History, Space for Modern Living. One of the few remaining examples of Healesville's historic guest homes (or a portion thereof), this residence enjoys a peaceful, low-traffic setting just moments from the CBD. Recently refreshed with new paint and quality Berber wool carpet throughout, the home blends period charm with a contemporary country aesthetic.

Three generous living zones, three bedrooms and a study provide exceptional flexibility - ideal for families wanting separation of space, multi-generational living, or those working from home. Each zone allows family members to live comfortably without compromise.

The well-appointed kitchen sits at the heart of the home, effortlessly servicing all internal living areas and the expansive alfresco zone. There's also room for a casual kitchen table - a nod to traditional country living that makes everyday moments feel special.

Indoor-Outdoor Living & Income Opportunity. Here, the covered alfresco area is designed for year-round entertaining, comfortably accommodating large family gatherings and social occasions regardless of the season.

Adding further appeal is a separate one-bedroom dwelling, previously operated as the successful Montpellier Petite B&B. This presents a compelling opportunity for additional rental or short-stay income, independent accommodation for extended family or perhaps a private guest retreat or home office

For investors, this dual-dwelling flexibility significantly strengthens rental appeal and future returns.

Lifestyle & Investment - Perfectly Balanced

From its elevated position and largely flat land to its dual-income potential and unbeatable proximity to town, this property represents a genuine golden opportunity. Enjoy easy walking access to Healesville's cafés, shops and essential services, with wineries, restaurants, parks and the iconic Healesville Sanctuary just minutes away.

Whether you're a family seeking space, views and lifestyle - or an investor looking for versatility, income streams and long-term growth - 1 Montpellier Street is a standout offering in a tightly held location.

Inspect now to fully appreciate the scale, setting and opportunity on offer.

Listing description written by Ian Vine, Eview Group — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 3

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.