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VIC › Monbulk › Invermay Rd

118 Invermay Rd, Monbulk VIC 3793

House

$1,935,000

Last sold

28 May 2025

4

Bedrooms

2

Bathrooms

7

Car spaces

40,468.564 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 $1,935,000 (28 May 2025).(Recorded sale)
  • FactLand 40,469 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Monbulk (last 5 years) with land size: median $587/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned PUBLIC CONSERVATION AND RESOURCE ZONE (PCRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 5 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactEROSION MANAGEMENT OVERLAY intersects 77.1% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 3 intersects 13.2% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 5 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3EROSION MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4EROSION MANAGEMENT OVERLAY - SCHEDULE 3 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

$1,935,000

28 May 2025 · derived via latest_sale

Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $587/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Monbulk at a glance

3,669

People

$904,750

Median sale

$606/wk

Median rent

3.48%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Monbulk report →

Vs Monbulk

+113.9%

Median sale

Suburb $904,750

-1.85 pp

Gross yield

Suburb 3.48%

Suburb median $904,750 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

PUBLIC CONSERVATION AND RESOURCE ZONE

PCRZ

Jurisdiction

Yarra Ranges

Yarra Ranges, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 5Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1341320

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$1,935,00028 May 2025
  2. Listedprice unknowncompleted3 Apr 2025
  3. Listedprice unknowncompleted3 Apr 2025

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 PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 41,879 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 41,879 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 5; EROSION MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. 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 $606/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 PUBLIC CONSERVATION AND RESOURCE ZONE · PCRZ (ZN). Official parcel area about 41,879 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 41,879 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 5; EROSION MANAGEMENT OVERLAY; EROSION MANAGEMENT OVERLAY - SCHEDULE 3. 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

Monbulk in one glance

Monbulk at a glance

3,669

People

$904,750

Median sale

$606/wk

Median rent

3.48%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Monbulk report →

Keep researching

  • Why Monbulk? Read the area thesis →
  • What else is on the market in Monbulk →
  • Other records on Invermay Rd →

Listing material

Listed by Bell Real Estate Montrose

Space, Luxury, Lifestyle and Mesmerising Views on 10 Acres with a 9 Hole Mini Golf Course

Some homes capture your heart, but this one will take your breath away. Architecturally designed by award-winning Peter Earnshaw and meticulously re-crafted from the ground up just ten years ago, this extraordinary residence is a triumph of modern living infused with rural charm. With uninterrupted 270-degree views stretching from the Warramate Hills to the Warburton Gap and Mount Donna Buang (on a clear day, even to Mount Baw Baw), this is a home where nature’s grandeur becomes part of everyday life. Watch eagles soar and hot air balloons drift as the morning sun casts a golden glow over rolling paddocks, while shifting skies and changing seasons paint a breathtaking display - better than any expensive artwork. Wake to misty mornings that dissolve into blue-sky panoramas, and wind down to the sound of black cockatoos perched in the banksias as the stars take over the night - this is life at its most serene and spectacular.

Positioned on a beautifully usable 10-acre allotment among the rich fertile soils of the market growing region, this dual-level sanctuary was designed for those who want it all - space, sophistication, and a seamless connection to the great outdoors. The main open plan living and meals domain is anchored by cathedral ceilings, rich hardwood floors, and a Jindara wood fire that radiates warmth. Every detail has been considered in the chef-worthy kitchen, featuring stone benches, a striking custom-designed splashback by Wathaurong Glass, a double Fisher & Paykel pyrolytic oven, and a 900mm Miele gas cooktop. An instant hot water tap, filtered water, and a lavish butler’s pantry with masses of storage ensure effortless functionality.

Entertain in absolute style with a versatile 5m x 8m lifestyle room - perfect for game nights, footy finals, or unwinding with a glass of wine as the sky turns pink. Movie buffs will adore the fully fitted home cinema with a big screen and projector, while a ground-floor home office or extra living/accommodation space (with a bespoke barn door and under-stair wine cellar) offers both work-from-home and multigenerational appeal.

Read the full description

The ground floor hosts two robed bedrooms serviced by a family bathroom and powder room, while upstairs, the master wing is nothing short of spectacular. Wake up to the sunrise framed by a glorious infinity window, step onto your private balcony, and take in the glimmer of Silvan Dam as you enjoy a steaming cuppa. This luxurious retreat includes dual walk-in robes and an ensuite with a double shower, stone vanity & heated floor. A retreat/reading nook and a fourth bedroom complete the upper level.

Entertainers will also relish the covered alfresco zone, beckoning you to fire up the barbecue while an outdoor spa invites you to soak in the dreamy views. An upper level takes things up a notch with a gazebo to gather under ambient lights for celebrations beneath the stars - or challenge the family to a round on your very own nine-hole mini-golf course. Framed by landscaped gardens brimming with fairy magnolias, the setting is sublime. And the views? Enjoyed from every angle, in every moment.

Beyond the home, the lifestyle possibilities are endless. Formerly an equine property, the estate now boasts a three-bay semi-open machinery shed, a powered shed/workshop with a sink, an outdoor toilet, and an enclosed pet-friendly play area for little ones to safely play, cushioned by lush lawn.

With fenced paddocks, Emerald Creek at the bushland boundary, a greenhouse, a chook house, a woodshed, and a bounty of fruit trees - including grapefruit, mandarin, oranges, avocados, mulberries, apples, plums, bay leaf, and fig - this is a lifestyle property in every sense. Thoughtful extras such as auto gates, guest parking bay, a laundry chute, double-glazed windows, alarm system & video surveillance, 70,000L of water storage across three tanks, and a 10kW solar system with battery and inverter ensure effortless functionality.

Set moments from Monbulk’s township and within easy reach of Olinda’s golf course precinct, the Dandenong Ranges Botanic Gardens, and the wineries of the Yarra Valley, this is a rare opportunity to embrace the best of hills living with the finest of modern luxuries.

At a Glance:

- Architecturally designed home, built only 10 years ago

- 10 breathtaking acres with panoramic 270 degree north-easterly views

- Dual-level, 4-bedroom, 2-bathroom residence with multiple living zones

- Expansive master retreat with infinity window, ensuite with heated floor, dual walk-in robes and private balcony

- Open plan living with cathedral ceilings, Jindara wood fire, and hardwood floors

- Designer kitchen with stone benches, double pyrolytic oven, and custom glass splashback and Butler’s pantry

- Home cinema with big screen and projector

- Multi-purpose 5m x 8m entertaining room

- Fenced paddocks, Emerald Creek access, and lush landscaped gardens

- Outdoor spa, nine-hole mini-golf course, and gazebo with ambient lighting

- Former equine property with machinery shed, powered shed/workshop, and outdoor toilet

- Enclosed pet-friendly lawned play area

- Double carport, guest parking bay, ample off-street parking, and easy rear access for vans/boats

- 70,000L of water storage across three tanks, 10kW solar with battery, and zoned heating/cooling

- Alarm system and video surveillance

- Moments from Monbulk Village, Olinda, Sassafras, and the Yarra Valley wineries

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.

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.