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.
VIC › Montrose › Ravenswood Ct
$864,000
Last sold
24 Oct 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
878 m²
Land
Districts View
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
$864,000
24 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $904/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.
Vs Montrose
-11.4%
Median sale
Suburb $975,000
+0.42 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 scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
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
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 866 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.
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 866 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. This overlay can reduce what the land size appears to promise. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 866 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
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?
KnownlowOfficial parcel about 866 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 MontroseSoaring raked ceilings and the gleam of warm polished boards introduce this inviting split-level family sanctuary quietly nestled in a peaceful court setting with alluring hill vistas. An inspiring interplay of beauty and lifestyle, the sophisticated home showcases dual living zones, space to entertain and a lush and leafy backyard, inviting you to start your next chapter in the foothills.
A cosy lounge caters for your downtime with the fireplace as a centrepiece, whilst a separate skylit dining/living adds flexibility for growing families who sometimes need to spread out. A chic kitchen with contemporary flair divides the two living areas and is centred around a Caesarstone breakfast bar, with stainless-steel appliances and plentiful cabinetry adding functionality and allure. There’s also a study nook to please those who work from home.
Step up to three robed bedrooms that float above the living zones highlighted by a privately placed master with walk-in robe and ensuite separated. A family bathroom glistens with a deep soak bath for relaxing at day’s end and a luxe rainshower.
When you're ready to take life outside, find a large, covered timber deck for all-season entertaining and alfresco dining. It's the perfect spot for barbecues, parties, or simply relaxing after a long day at work. And if you're an animal lover, you'll be thrilled to know that there's a big shady backyard complete with a chook shed. Your feathered friends will have plenty of room to roam around and the kids will love the lush expanse of lawns to set up the play equipment or enjoy the fresh air.
Ideally situated close to Montrose Village, Kilsyth, Mooroolbark, Mount Evelyn, Lilydale and all the local conveniences you need you can walk to school, and kindergarten and there’s a plethora of nature parks close-by.
At a Glance:
• Three bedroom, two-bathroom brick family home on generous 878m2 with hill vistas.
• Two living areas.
• Kitchen with stainless-steel appliances and breakfast bar.
• Master with ensuite and walk-in robe.
• Contemporary family bathroom with deep soak bath.
• Outdoor covered entertaining zone.
• Skylights with auto blinds.
• Sizable backyard with ample lawn for child’s play.
• Double carport plus additional off-street driveway parking.
• Ducted heating, split systems and ceiling fans for seasonal comfort.
• 6.4kw solar system.
• Garden sheds x 3 and a chook pen.
• Side gate access on either side of the house.
The Location:
Montrose will appeal to young families looking for a calm yet vibrant foothills neighbourhood with a close-knit, friendly community and a variety of nearby shops and cafes in the charming village including a post office, bakery, IGA, liquor store, charcoal chicken, fruit shop, butcher and fish and chips. A tranquil retreat from the bustle of the city, Montrose is surrounded by lush vegetation and the picturesque Dandenong Ranges. It's a community where young families can raise their children in a secure and friendly setting with quality schools (Montrose Primary and Billanook Primary), parks, and recreational amenities. A playground, picnic areas, and open areas for kids to play make up the local treasure known as the Montrose Community Playground and Recreation Reserve. Additionally, there are lots of opportunities for family outings, hiking, and exploring the natural world in the nearby National Park.
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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