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 › Mount Dandenong Tourist Rd
$1,150,000–$1,240,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
2
Car spaces
2,667 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
Asking
$1,150,000–$1,240,000
Asking range · $431/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $905/m² of land (n=102). 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
+17.9%
Median sale
Suburb $975,000
-0.49 pp
Gross yield
Suburb 3.24%
Suburb median $975,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$69,745 on top of the price (6.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Montrose's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.7%. 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
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
UnknownVictoria 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.
Area
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 MontroseFrom its elevated position on the high side of the road, this remarkable Montrose home looks across Christmas Hills and the Yarra Ranges, with treetop views by day and sunsets putting on a nightly encore. Set across approximately 2/3 acre, it feels wonderfully removed from the world, yet the #688 bus stops almost at the doorstep and Montrose Village is only moments away.
Originally built as a builder’s own home, the residence carries that sense of generous scale and thoughtful flexibility. Spread across two substantial levels, it is designed for families who entertain, evolve and occasionally need everyone to have their own corner. Multi-generational living, guest accommodation or Airbnb potential are all comfortably within reach.
Polished floors gleam through the expansive living and dining zone, where a spectacular open fireplace with stone surround brings warmth and theatre. A built-in bar keeps entertaining close at hand, while a wall of glass and French doors open to a lavish terrace overlooking the gardens and the ranges.
The skylit kitchen sits beside a second meals area, also bathed in light and warmed by a Coonara wood fire. Stone benchtops, a bay window, breakfast bar, appliance hutch, dishwasher, 900mm gas cooktop and electric oven make it equally capable of handling the weeknight rush or a houseful at Christmas. A covered all-season deck set against a ranges backdrop extends the entertaining space outdoors.
Four bedrooms include a main featuring a walk-in robe and ensuite plus access to the front balcony. Three further bedrooms share a beautifully renovated family bathroom with a deep soaking bath. Both bathrooms feature chic floating vanities, LED mirrors and rain showers with recessed niches.
Behind the bar, a hidden staircase reveals an entire lower-level retreat with its own entrance, living zone, projector and screen, plus a bathroom. It is a brilliant surprise for adult children, extended family, guests or movie nights that deserve full cinematic commitment.
Then there is the backyard. Beyond the expansive lawn, established gardens and fruit trees lies a full-sized surprise: a tennis court ready for matches, basketball, bikes, parties or a marquee. Add birdsong, camellias, rhododendrons and endless sky, and this becomes the house every family member, and probably every neighbourhood child, wants to gather at.
At a Glance:
• Elevated north-facing position on approximately two-thirds of an acre
• Sweeping views across Christmas Hills and the Yarra Ranges
• Originally constructed as a builder’s own home
• Flexible two-level layout with multi-generational or Airbnb potential
• Four spacious bedrooms (three with robes, one with built-in storage)
• Main bedroom with walk-in robe and renovated ensuite
• Two fully renovated bathrooms with floating vanities, LED mirrors and rain showers
• Expansive living and dining zone with polished timber floors
• Open fireplace with striking stone surround, built-in bar
• Skylit kitchen and meals area with Coonara wood heater
• Kitchen featuring stone benchtops, breakfast bar and appliance hutch, 900mm gas cooktop, electric oven and dishwasher
• Two large outdoor entertaining spaces on each side of the living zones – a front terrace and rear all-season deck
• Downstairs independent living with separate entrance, bathroom, projector and screen and walk-in storage room
• Vast under house storage/cellar
• Tennis court suited to sport, play or large-scale entertaining
• Expansive lawn, established gardens and fruit trees
• Camellias, rhododendrons and abundant birdlife
• Gas ducted heating and wall-mounted air conditioning
• Solar panels
• Oversized single garage with internal entry and single carport
• Additional off-street parking, including lower parking for trailers or extra vehicles
• #688 bus stop footsteps away
• Close to Montrose Village, schools, trails and the Dandenong Ranges
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 Allan Dowdell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.
Also look at
4 Tiffany Ct, Montrose VIC 3765
3-bed house. Asking $770K–$810K.
39 Glasgow Rd, Montrose VIC 3765
6-bed house for sale. Asking $1.8M–$1.95M.
65 Timberglades Rd, Montrose VIC 3765
4-bed house. Asking $995K–$1.07M.
9 Copeland Dr, Montrose VIC 3765
4-bed house. Asking $1.25M–$1.35M.