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VIC › Montrose › Mount Dandenong Tourist Rd

1042 Mount Dandenong Tourist Rd, Montrose VIC 3765

House

$1,410,000

Last sold

6 May 2026

5

Bedrooms

4

Bathrooms

3

Car spaces

4,055 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,410,000 (6 May 2026).(Recorded sale)
  • FactLand 4,055 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Montrose (last 5 years) with land size: median $906/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GREEN WEDGE A ZONE - SCHEDULE 1 (GWAZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 5.5% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1EROSION MANAGEMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  5. 5No 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

What this lot has actually traded at

Last sold

$1,410,000

6 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $906/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.

See the full Montrose report →

Vs Montrose

+44.6%

Median sale

Suburb $975,000

-1.00 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 and development

Planning scheme

ZN

Zone

GREEN WEDGE A ZONE - SCHEDULE 1

GWAZ1

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1355717

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

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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. Sold$1,410,0006 May 2026
  2. Listedprice unknowncompleted7 Mar 2026
  3. Listedprice unknowncompleted7 Mar 2026
  4. Listedprice unknowncompleted7 Mar 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?

Confidence: medium

Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 4,062 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 4,062 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $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.

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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GREEN WEDGE A ZONE - SCHEDULE 1 · GWAZ1 (ZN). Official parcel area about 4,062 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    Official parcel about 4,062 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Montrose in one glance

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.

See the full Montrose report →

Keep researching

  • Why Montrose? Read the area thesis →
  • What else is on the market in Montrose →
  • Other records on Mount Dandenong Tourist Rd →

Listing material

Listed by Bell Real Estate Montrose

Skyline Vistas, Layered Acre & Limitless Living

There are homes with views… and then there are homes that make you pause mid-sentence. Set across a layered acre with sweeping panoramas that stretch from the city skyline to Mt Macedon and across the Yarra Valley, this Montrose residence delivers that rare, on-top-of-the-world feeling. Treetops ripple below, sunsets perform nightly, and the horizon feels gloriously expansive.

Designed across two generous levels, the layout is both spacious and remarkably adaptable, ideal for multigeneration living, Airbnb potential, or simply large and growing families who appreciate defined zones. Five spacious bedrooms plus a study or sixth bedroom, four bathrooms and powder room are thoughtfully arranged across three separate accommodation wings, allowing everyone their own retreat.

One wing offers exceptional independence, with its own entrance, kitchen, living/meals space, and two bedrooms, both with ensuites. The master in this section features bay windows framing Yarra Valley views best enjoyed from under the covers. Close the door to this wing and it becomes a self-contained haven.

Read the full description

At the heart of the home, the expansive open-plan meals and family domain revolves around a beautifully crafted Tasmanian Oak kitchen, complete with a curved breakfast bar, walk-in pantry and Miele stainless-steel appliances including a 900mm gas cooktop and double ovens. It’s a space designed for everything from large-scale entertaining to the easy hum of weeknight dinners. Polished floors gleam underfoot, reflecting natural light as it shifts throughout the day, while those sweeping views remain ever present, providing a serene and constant backdrop to daily life.

Downstairs, a vast rumpus or games room with wet bar provides yet another living zone, complemented by a second main-style bedroom with contemporary ensuite and walk-in robe, perfect for a parent retreat, teens, guests, or extended family.

Outside, life expands beautifully. A freshly oiled wraparound timber deck offers a front-row seat to those breathtaking views, while an upper-level decked pool adds a splash of summer fun. Wander through citrus groves and fruit trees, past veggie beds and a chicken house, with roses, flowering cherry and dogwood adding seasonal colour. Wallabies and echidnas occasionally wander through, while birdsong provides the daily soundtrack.

With gas ducted heating, evaporative cooling, solar panels, two 10,000L water tanks, generous garaging, carport and flat parking for boats or caravans, practicality keeps pace with beauty.

All just moments from Montrose Village, schools, trails and the Dandenong Ranges, this is a lifestyle property where views, versatility and a little daily magic align.

At a Glance:

• Layered acre (approx.) with panoramic views of city skyline, Mt Macedon and the Yarra Valley

• Five bedrooms plus study/sixth bedroom across three accommodation zones

• Self-contained wing with separate entrance, kitchenette, two bathrooms and two ensuite bedrooms

• Open-plan family/meals area with Tasmanian Oak kitchen and Miele appliances

• Massive rumpus/games room with wet bar

• Multiple living zones ideal for multigeneration living or Airbnb potential

• Wraparound freshly oiled timber deck with sweeping views

• Newly decked above-ground pool

• Citrus grove, fruit trees, veggie patch, chicken house and woodshed

• Solar panels and two 10,000L water tanks

• Gas ducted heating and evaporative cooling

• Huge double garage, single carport and flat parking pad for boats/caravans

• Close to Montrose Village, schools, playgrounds, trails and public transport

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.

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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.