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VIC › Montrose › Jubilee Rd

11 Jubilee Rd, Montrose VIC 3765

For saleHouse

$900,000–$960,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

1,144 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000–$960,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000–$960,000(Listing record · 27 Aug 2026)
  • FactLand 1,144 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Montrose (last 5 years) with land size: median $905/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 8% below the Montrose median recorded sale ($975,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Montrose's advertised median rent ($608/wk), implied gross yield would be 3.51% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$900,000–$960,000

Asking range · $787/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.

See the full Montrose report →

Vs Montrose

-7.7%

Median sale

Suburb $975,000

+0.27 pp

Gross yield

Suburb 3.24%

Suburb median $975,000 from 28 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
$900,000
Stamp Duty (Victoria)
$49,070
Transfer/Registration Fee
$2,210
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
$954,980

$54,980 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 Montrose's advertised median rent — not a rent for this listing.

Net yield
2.01%
Annual cashflow (pre-tax)
$-28,684
Interest cover (DSCR)
0.39
Annual rent
$31,616
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.51%

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$900,000–$960,000available27 Aug 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 $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

Gross yield if leased at the suburb aggregate is 3.5%. 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

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 Jubilee Rd →

Listing material

Listed by Bell Real Estate Montrose

Cul-de-Sac Calm, City Lights and a Little Extra Theatre Every Evening

Cul-de-sac calm, with National Park at the end of the street, means kookaburras in the distant gums are often the loudest thing you’ll hear in this coveted Montrose pocket. As the sun dips, the sky transforms through layers of colour and city lights begin to sparkle on the horizon, adding a little theatre to the end of each day. Fully renovated and delivering a dream backyard for kids and entertainers alike, this is a home that makes slowing down, spreading out and enjoying the everyday feel wonderfully easy.

Step through the charming French door entry and pine timber floors carry you through two distinct living zones, each with its own job to do: one for family dinners and movie nights, the other for the Saturday-morning-cartoons-and-coffee kind of chaos. The kitchen anchors it all with stone counters, a large four-burner gas cooktop and a pantry so neatly concealed behind a chic barn door that guests may never know your secret snack stash exists.

Out back is where family life really comes into its own. Sliding doors open to a covered, all-weather alfresco overlooking the entire backyard, so whether you’re entertaining or keeping an eye on the kids, everything stays connected. The upper level extends into a broad paved zone with room for extra tables, sizzling barbecues, trikes doing endless laps or play equipment, while steps and a built-in slide lead down to the lower lawn for barefoot games, pets and plenty of space to run. Add the firepit and scope for a future pool (STCA), and it’s a backyard that works just as well for a crowd as it does for a crew of little ones.

Read the full description

Inside, the main bedroom is its own private wing, complete with walk-in robe and an ensuite that borders on indulgent - floating vanity, gold tapware, rain shower. In the rear wing, two further bedrooms share a family bathroom that quietly upgrades the everyday: timber-panelled walls, a deep soak bath and a rain shower under a skylight, sunlight included.

The practical side is just as well thought through - solar panels, whole-house water filtration, refrigerated heating and cooling, and an oversized double carport ready for the boat or caravan you've been meaning to buy.

At the end of the street, a National Park trail waits for the mornings you feel ambitious, while Montrose's cafés, Billanook Primary and the Adventure playground sit minutes away for the mornings you don't.

At a Glance:

• Quiet cul-de-sac position in a leafy Montrose pocket

• City views and spectacular west-facing sunsets

• Fully renovated three-bedroom, two-bathroom home

• Pine timber flooring through the living zones

• Two separate living areas

• Stone kitchen with breakfast bar, stainless steel four-burner gas cooktop, electric oven and dishwasher

• Generous pantry concealed behind a stylish barn door

• Private main suite with walk-in robe

• Fully tiled ensuite with floating vanity, gold tapware and rain shower

• Two robed bedrooms in a separate wing

• Family bathroom with deep soaking bath, Geberit toilet and skylit rain shower

• Covered all-weather entertaining area

• West-facing outlook capturing sunsets, weather and city lights

• Tiered backyard with multiple flat usable zones

• Built-in slide connecting the garden levels

• Paved play zone suited to equipment or future ideas

• Expansive lawn for children, pets or potential pool (STCA)

• Dedicated firepit area

• Ducted refrigerated heating and cooling

• Ceiling fans

• 4kW solar system

• Plantation shutters to bedrooms, bathrooms and west-facing windows

• Whole-house water filtration system

• Attic storage with pull-down ladder access

• Sleek laundry with plentiful storage, hanging rack and French door

• Powered under-house workshop/tool shed

• Over-height double carport suitable for boat or caravan storage

• National Park walking trails and fire trail at the end of the street

• Minutes from Montrose Village, schools, recreation, cafés and Dandenong Ranges attractions

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.

Property features

  • Air Conditioning
  • Ducted Heating
Districts

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.