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VIC › Apollo Bay › Montrose Ave

120 Montrose Ave, Apollo Bay VIC 3233

House

$820,000

Last sold

13 Dec 2019

3

Bedrooms

1

Bathrooms

2

Car spaces

72,843.416 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 $820,000 (13 Dec 2019).(Recorded sale)
  • FactLand 72,843 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Apollo Bay (last 5 years) with land size: median $1,517/m² of land (n=26). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL CONSERVATION ZONE (RCZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3 intersects 99.9% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactEROSION MANAGEMENT OVERLAY - SCHEDULE 1 intersects 69.1% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactLAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 intersects 11.4% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2EROSION MANAGEMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

$820,000

13 Dec 2019 · derived via latest_sale

Local land rate: recorded House sales in Apollo Bay (last 5 years) with land size have a median of $1,517/m² of land (n=26). Districts calculation from recorded sales — not a valuation.

Apollo Bay at a glance

1,827

People

$920,000

Median sale

$456/wk

Median rent

2.58%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Apollo Bay report →

Vs Apollo Bay

-10.9%

Median sale

Suburb $920,000

+0.31 pp

Gross yield

Suburb 2.58%

Suburb median $920,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL CONSERVATION ZONE

RCZ

Jurisdiction

Colac Otway

Colac Otway, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3Detected — 99.9% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 52909599

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 11.4% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.

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. Sold$820,00013 Dec 2019
  2. Listedprice unknowncompleted29 Nov 2018
  3. Listedprice unknowncompleted29 Nov 2018

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 RURAL CONSERVATION ZONE · RCZ (ZN). Official parcel area about 73,973 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: medium

11.4% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 73,973 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION 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 $456/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 73,973 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RURAL CONSERVATION ZONE · RCZ (ZN). Official parcel area about 73,973 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?

    Knownmedium

    Official parcel about 73,973 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 1; LAND SUBJECT TO INUNDATION 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

    Knownmedium

    11.4% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • 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

Apollo Bay in one glance

Apollo Bay at a glance

1,827

People

$920,000

Median sale

$456/wk

Median rent

2.58%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Apollo Bay report →

Keep researching

  • Why Apollo Bay? Read the area thesis →
  • What else is on the market in Apollo Bay →
  • Other records on Montrose Ave →

Listing material

Listed by Great Ocean Road Real Estate Apollo Bay

ABOVE THE BAY

Set on 18 acres, this charming home overlooking Apollo Bay is the perfect retreat and or home, surrounded with fruit trees & established gardens.

Step inside the open plan kitchen/family room & discover timber flooring throughout & windows providing a flood of natural light & massive ocean views overlooking the harbour & Otway Ranges. The wrap around decking & adjoining alfresco area provides endless space for entertaining & the outbuildings can be used for an office/studio or storage zones.

The property is fully fenced, with 36,000 litres of tank capacity as well as a dam, obviously no water storages here!

Read the full description

Located just 1km from the center of town small acreage this close to all Apollo Bay has to offer is hard to come by, give us a call to start the next chapter of your life!

Listing description written by Darren Brimacombe, Great Ocean Road Real Estate Apollo Bay — 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.