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.
$1,175,000
Last sold
21 Aug 2018
4
Bedrooms
3
Bathrooms
2
Car spaces
1,675 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
Last sold
$1,175,000
21 Aug 2018 · derived via latest_sale
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
+20.5%
Median sale
Suburb $975,000
-0.55 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 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.
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
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 MontroseSituated on approximately 1,675m2, this beautifully rendered four bedroom plus study family home is one full of character and pleasant surprises throughout. Walking into the entrance foyer, you are welcomed into the home by high ceilings, hardwood timber floors and downlights throughout. Upon entry into the open living area, the stunning gas fireplace and designer feature wall greet you and lead you through to the charming sunken and open plan kitchen/dining zone.
The well-appointed kitchen with stone benchtops and breakfast bar features a 900mm gas oven and cooktop, as well as second under-bench microwave oven, integrated dishwasher and abundant storage space. Also to the left of the kitchen area, a modern European laundry is tucked away for easy access and convenience.
The master bedroom suite is complete with a large full ensuite with double vanity and twin shower, spacious walk in robe and private parents retreat for relaxing. The remaining three well-sized bedrooms all feature built in robes and multiple storage options including built-in and floating shelves, and are serviced by the large main bedroom also with double vanity and twin shower, as well as a separate bath. With the addition of a versatile home office with built in drawers and filing cabinets, as well as hidden storage and servery window to the outdoor dining area, there is plenty of space and privacy for every member of the family.
From the kitchen/dining zone, triple bi-fold doors lead out to an incredible outdoor entertaining, living and dining area. Fitted with built-in BBQ, rangehood and benchtops, large gas fireplace, caf blinds, ceiling fans and downlights, as well as tv/power connectivity, there are endless entertaining options for hosting family, friends and guests alike.
Further to this, the large in-ground gas-heated pool has a beautiful water feature and introduces under-decking pool accessory storage options. The second decking area with delightful log fire leads you down into the exquisitely manicured and styled backyard complete with half basketball court, veggie garden and generous lawn area perfect for kids and pets to run around.
The large double garage encompasses extra storage space as well as a fantastic ensuite bathroom with shower perfect for washing off after some fun in the swimming pool. Complete with a rear roller door and extra car spaces in front of and behind the garage, there is no shortage of space for cars, trailers, caravans or boats.
With the added convenience of hydronic heating, ceiling fans in every room and a split system air conditioner, this home is one to be enjoyed at all times of the year. Extras such as the large 22,000L water tank, ten solar panels on a 2.5KW system, ducted vacuuming and the abundance of natural light and storage space are only some of the many functional elements of this property. Situated in a prime location within easy walking distance to the Montrose Township, cafs, restaurants and public transport and only a stones throw from the popular Montrose Primary School, only an inspection can truly display the majesty and charm of this stunning family home.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.