Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$707,000
Last sold
30 Sept 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
700 m²
Land
1,374.965 m²
Building
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
$707,000
30 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $927/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
+1.0%
Median sale
Suburb $700,000
-0.05 pp
Gross yield
Suburb 4.29%
Suburb median $700,000 from 15 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
TASPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $577/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. Nearby development applications are not loaded for this property. 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
UnknownNearby development applications are not loaded for this property.
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
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property LindisfarneThis large brick home with sensational river views is a terrific rental property or future home. Currently leased until January 2023, the home offers multiple living areas and accommodation including a versatile downstairs rumpus or 4th bedroom, quality kitchen and bathrooms as well as a large double garage and workshop and covered outdoor entertaining.
A concrete driveway leads to the remote garage at front, with additional driveway parking as required. The front entry opens to a central foyer and stairwell to the main upstairs living areas, which benefit a northerly aspect for all day sun and absolutely stunning views extending from Cadbury's and Mona to MyState Bank Arena and the Bowen Bridge. The main lounge is a lovely light filled space with a feature fire place and wood heater, as well as a Daikin heat pump for ultimate climate control. The lounge has large windows and glass sliding doors which open to an expansive wraparound balcony, stretching from one end of the house to the other. Adjoining the lounge is a lovely dining area and study nook, followed by the kitchen and an informal family room, all of which enjoy the amazing views. The modern kitchen and breakfast bar is well appointed with a stainless steel wall oven, ceramic hotplates, freestanding range hood and LG dishwasher, and the kitchen and family room open to a large undercover courtyard, perfect for entertaining family and friends.
Also on the upper level are the 3 dedicated bedrooms, the main with WIR and a sleek ensuite bathroom. The second and third bedrooms both have built-in robes and are serviced by the spacious family bathroom, with dual vanity unit, separate bath, shower and WC. There is also a separate laundry with easy access to the clothesline at rear.
On the lower level is a highly flexible rumpus or games room, which is just as easily used as a large 4th bedroom (as it is currently), also with storage. The lower level garage also offers plenty of room for parking and storage, or a mancave and workshop if desired.
The outdoor areas of the home are well established and easily managed with established trees and landscaping, as well as secure grassed areas for pets or kids play. The property is in close proximity to local schools, shops and services, including Northgate Shopping Centre, and is approx. 3.6km to Mona or 10.8km to the Hobart CBD. Certainly a terrific opportunity to secure a quality investment property or a substantial family home, with vacant possession available within 6-months.
• Large brick home in quiet location
• Stunning views of Derwent River
• Northerly aspect for all day sun
• Lounge with feature wood heater
• Expansive balcony across front
• Modern kitchen and appliances
• Versatile rumpus or 4th bedroom
• Main bed with ensuite bathroom
• Bathroom with sep bath and shower
• Secure yard for pets or kids play
• Large double garage and workshop
• Minutes to local shops or Northgate
• Leased until Jan 2023 for $550pw
• Council Rates approx. $1900pa
• TasWater approx. $1000pa
Listing description written by Daniel ten Broeke, Petrusma Property Lindisfarne — reproduced as published, not verified by Districts.