Montrose at a glance
6,858
People
$975,000
Median sale
$608/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
VIC › Montrose › Richards Rd
$1,275,000
Last sold
18 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
992 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,275,000
18 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $904/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
6,858
People
$975,000
Median sale
$608/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
+30.8%
Median sale
Suburb $975,000
-0.76 pp
Gross yield
Suburb 3.24%
Suburb median $975,000 from 28 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $608/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. 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.
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
UnknownArea
Montrose at a glance
6,858
People
$975,000
Median sale
$608/wk
Median rent
3.24%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate MontroseSome homes whisper a welcome; this one greets you with an enchanting, leafy embrace. Tucked away in the foothills of Mount Dandenong, a secret-like driveway draped in ornamental pear trees beckons you down, inviting curiosity about what lies beyond. What unfolds is a home that tells a story - one that began in 1940, with gorgeous vintage elements still intact, and has evolved into a breathtaking, split-level sanctuary designed for modern family living.
Inside, the original wing retains its old-world soul - high ceilings, sash windows, rich timber boards, and a double-sided brick fireplace that has warmed generations. The sitting area is a place to linger, with the original AT Dover cast iron wood heater still standing proudly, a relic of British craftsmanship, or why not embrace the work from home trend and use the space as a nook for work or quiet contemplation. On the other side, a cosy lounge with an open fireplace invites deep conversations and slow Sunday afternoons, while two bedrooms here share a modern bathroom.
Step into the heart of the home and feel the rhythm change. The open-plan living and meals area flows effortlessly over gleaming, rich-hued timber floors, anchored by a striking kitchen where stone waterfall counters, a social breakfast bar, a 900mm stainless steel cooker, soft-close drawers, and a luxe walk-in pantry with display shelving set the scene for culinary creativity and entertaining. A wall of glass sliders dissolves the boundary between inside and out, revealing an entertainer’s dream - a vast, covered deck with a built-in outdoor kitchen, complete with a gas BBQ, bar fridge, and sink. There’s ample room for lounging, a long table for feasts under festoon lights, and space for a pool table should your inner entertainer demand it.
The newer wing introduces two additional bedrooms, including a master suite designed to be lingered in. Dual walk-in robes provide a luxurious dressing space, while the ensuite is pure indulgence - a freestanding clawfoot bath, double timber-topped vanity, and the kind of serenity that makes you want to light a candle and soak away the day.
Beyond the deck, the backyard is a wonderland for all ages. A children’s playground with a cubby and climbing frame sparks adventure, a lawn invites barefoot games of chase, and a dedicated homegrown corner - bursting with raised veggie beds, fruit trees, and a fragrant herb garden - ensures fresh produce is just a few steps from the kitchen. But the pièce de résistance? Direct gate access to Richards Reserve, offering superb privacy, an inviting leafy outlook and a shortcut to the village for morning coffees or impromptu picnics in the community park.
Positioned for lifestyle ease, this remarkable home is just a short walk to Montrose Primary and moments from the adventure playground, village shops, and sporting fields. Buses to Lilydale and Ringwood stations are within easy reach, making commutes effortless.
A home with heart, history, and a flair for entertaining - will you be the one to write its next chapter?
At a Glance:
- Almost a quarter-acre (992m²) sanctuary nestled in the foothills of Mt Dandenong
- Secret-like driveway lined with ornamental pear trees, unveiling a home of rare character
- Built in 1940, blending original features with stylish modern enhancements
- Open-plan living/meals area with gleaming timber floors and seamless indoor-outdoor flow
- Showstopping kitchen with stone waterfall island, 900mm cooker, luxe walk-in pantry
- Huge covered deck with built-in outdoor kitchen, BBQ, bar fridge, sink
- Original wing: 2 bedrooms, sitting area/home office, double brick fireplace with AT Dover wood heater, cosy lounge with open fire
- Modern wing: 2 additional bedrooms including master with dual walk-in robes, opulent ensuite with freestanding clawfoot bath
- Backyard wonderland with children’s playground, lawn, raised veggie beds, fruit trees & herb garden
- Direct access to Richards Reserve, offering a leafy backdrop and shortcut to Montrose Village
- Double carport and masses of off-street parking
- Lavishly sized laundry with plentiful storage
- Ducted heating & split-system air-conditioning for year-round comfort
- Moments from Montrose Primary, adventure playground, village, and sporting fields
- Walk to the bus stop with easy access to Lilydale and Ringwood stations
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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.