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.
$1,155,000
Last sold
26 Feb 2024
4
Bedrooms
3
Bathrooms
3
Car spaces
862 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
$1,155,000
26 Feb 2024 · 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
+18.5%
Median sale
Suburb $975,000
-0.50 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
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 864 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 864 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. 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
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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 864 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 864 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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 MontroseWelcome to a home of grandeur, a haven of space and comfort, where every member of the family can find their own slice of paradise. If you've been yearning for a home that offers exceptional size and the perfect balance between indoor and outdoor living with an abundance of entertaining appeal, your search ends here.
The living domain is spacious and inviting, featuring earthy exposed brick walls and timber lined raked ceilings that add character and warmth. The open fireplace is the heart of this room, radiating comfort throughout. The formal dining room stands separate, offering an intimate space for family meals or dinner parties. The cathedral ceilings in the family room add a touch of grandeur while the combustion heater ensures cosy winter nights. This room also features a separate meals/dining area for casual dining or quick breakfasts.
The solid timber skylit kitchen delivers rustic charm while modern amenities like a chef-size 900mm gas upright stove, and dishwasher make meal-prep a breeze. The kitchen is ideally sized to accommodate a central chopping block - perfect for those who love to cook.
On the ground floor lies a bedroom with modern bathroom with timber accents and a master bedroom that’s a sanctuary of serenity, complete with an ensuite bathroom and walk-in robe. It also boasts an attached retreat or study area with direct access to a private external garden if you fancy a night cap. Ascending upstairs, you’ll find a further two bedrooms both with built-in robes complemented by a second bathroom. A study, and a lavishly sized rumpus room completes the second level making it an enviable teen hangout when they want to turn up the volume.
A unique feature of this home is the huge under-staircase study/video library room - a perfect hideaway for bookworms or movie buffs or a place to work from home.
The fully fenced inground pool is the star of the outdoor area, complete with a crowd-friendly covered entertaining zone complete with BBQ and built-in seating large enough for sizable soirees. Complete with another wood fire for all-season hosting it will ensure the parties are always at your place! There is also lush lawn for child’s play, low maintenance gardens to delight green thumbs, a veggie garden, garden shed, and woodshed to cater for the three wood fires.
At a Glance:
• 4-bedroom, 3-bathroom family home on 862m2.
• Master bedroom with ensuite and walk-in robe plus attached 3x3m retreat/study with external garden access.
• Spacious living area with exposed brick feature walls, open fireplace, polished floorboards and picture windows.
• Separate Formal dining room.
• Cathedral ceilings and combustion heater in family room with separate meals/dining area.
• Solid timber kitchen with chef size gas upright stove, range hood and dishwasher.
• Family bathroom and separate laundry with loads cupboard space.
• Huge under-staircase study/library library room.
• Family bathroom, study and living/rumpus room on the second level.
• Oversized three car carport plus boat/trailer parking.
• Fully fenced inground pool, covered entertaining area, bbq and built in seating.
• Low maintenance gardens, lush lawn, veggie garden, powered garden shed/workshop & woodshed.
• Ducted heating and split system air-conditioning for seasonal comfort.
• 5kw solar system (18 panels) and rainwater tank.
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.