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 › Taruna Rise
$1,400,000
Last sold
7 Dec 2019
4
Bedrooms
2
Bathrooms
3
Car spaces
4,079 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
$1,400,000
7 Dec 2019 · 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
+43.6%
Median sale
Suburb $975,000
-0.98 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 MontroseEnjoying the perfect fusion of resort-style living and rural charm, this stately architect-designed family home in an ultra-exclusive Montrose cul-de-sac offers stunning city views and a peaceful and private low-traffic location which is tightly held and highly sought-after. Positioned on just over an acre of lush undulating grounds, this grand home is made for entertaining and simply enjoying life with all its luxuries at your fingertips.
Soaring cathedral ceilings and expansive glass are a feature of the large and open light-filled informal living spaces, which spill out to the sparkling solar heated infinity pool and paved undercover alfresco area – the ultimate entertaining zone. The stylish chef’s kitchen forms the heart of the home and comprises a decadent island bench with Miele stainless-steel appliances, luxurious walk in pantry and breakfast bar overlooking a bright living/dining zone warmed by an elegant gas log fire. A feature of this home is the abundance of living spaces for families of any size with a rumpus/media room perfect for a teen retreat or family movie time providing further lifestyle options.
Upstairs is the master bedroom in its own private zone with huge floor to ceiling walk-in robe, romantic private balcony and a deluxe master with ensuite enjoying his and hers vanity and an indulgent spa bath with spectacular vistas to enjoy as you relax and unwind. Also upstairs is a huge lounge/rumpus with wet bar/kitchenette making this a perfect set-up for entertaining on a large scale with enough room for a billiards or dining table to host the masses. The functional floor plan positions the other three robed bedrooms in a separate ‘wing’ on the ground floor serviced by a spacious family bathroom with spa bath and an additional powder room. There is also a huge laundry ready-made to cater for a family’s needs and a sun-drenched atrium-style study/office located off the front entry is ideal for those who work from home.
When it comes time to entertain you are spoiled for choice with multiple indoor zones to house guests for intimate or large-scale events and an opulent outdoor zone with a covered terrace with outdoor fans and television points overlooking the magnificent pool for the ultimate alfresco lifestyle. Additionally, lush fully-fenced lawns offer a paradise for children and or hobbyist pursuits.
Additional highlights include triple garaging with remote entry and internal access, guest powder room, ducted heating and split system heating/cooling for seasonal comfort, security alarm, intercom system and off-street parking.
Surrounded by other outstanding homes within easy reach of both the Dandenong Ranges and the Yarra Valley, the location is first-class. You are also a short drive from Montrose Village shops and Montrose Adventure Playground with Billanook Primary at the end of the street. Your dream lifestyle awaits. Don’t delay. Enquire today.
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.
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