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.
$1,160,000
Last sold
25 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,382 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
$1,160,000
25 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $906/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
+19.0%
Median sale
Suburb $975,000
-0.51 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 MontroseA sweeping corner block in a quiet and secluded locale that takes in breathtaking northerly panoramas of the Yarra Valley – this is the setting that awaits your new start in this reimagined character home that has been transformed into a contemporary family haven. A spacious dual level layout features two living areas that naturally flow to wrap-around alfresco zones welcoming an indoor/outdoor lifestyle and facilitating effortless entertaining. A shining highlight of this social home - the Hampton’s inspired kitchen is dripping in Caesarstone countertops, banks of cabinetry, premium stainless-steel appliances, appliance nook and breakfast bar, whilst an inviting sun-kissed lounge brings everyone together and takes in the dreamy outlook. Melodic birdsong is always in the air as are evergreen views that accompany your everyday. The sunny block that transforms throughout the seasons is well oriented for solar and has a thriving orchard with apples, pears, lemon, lime, fig, blood plum, almonds, macadamias and hazelnuts so you’ll always have a fresh bounty, plus there’s plenty of space for the kids to roam and a workshop for dad to tinker! Located minutes from the Village, the adventure playground, Hahndorf’s café, Richards Reserve, football oval and buses to both Lilydale and Ringwood station – the “edge of the Dandenong Ranges” location has it all – privacy, seclusion and convenience.
Talking Points:
• 4-bedroom, 2-bathroom home on 1382m2 in a quiet low-traffic locale that will grow and adapt with your family’s needs.
• Circa 1940 cottage expanded and renovated over the years but retaining some original features such as hardwood floors, large windows and high ceilings.
• Inviting lounge with views that spills to a covered balcony for alfresco dining or entertaining.
• Bright skylit Caesarstone kitchen in Hamptons style with stainless-steel appliances.
• Privately positioned master with dual vanity ensuite including a bathtub.
• Separate living area and bedroom downstairs ideal for teens or a quiet place to work from home.
• Wine storage for your favourite drops plus under stairs storage.
• Second wrap deck flowing from the downstairs zone.
• Plantation shutters on windows, stylish Dulux palette throughout, new carpet upstairs and window treatments on all windows.
• Outdoor blinds to the balcony and all-weather blinds externally for all-season enjoyment.
• Gas ducted heating and evaporative cooling for seasonal comfort.
• 1000L rainwater tank for garden use (gravity fed).
• Workshop shed plus storage shed.
• Double carport plus plentiful off-street parking for multiple vehicles.
• Fully fenced gardens with a flat lawn area for child’s play, cubby, concrete pad ideal for a trampoline or basketball ring, firepit zone and a flourishing orchard and veggie patch.
• No gum trees on the block or near the home.
• Potential scope for a granny flat/studio on the large block (STCA).
• House has been fully rewired with new ceiling batting.
• Positioned within a short stroll to Richards Reserve, Montrose shopping village, Montrose Primary schools, the bus stop and minutes from all the delights of the foothills.
• At the gateway to the Yarra Valley and just a 10-minute drive to the bustling hubs of Lilydale and Croydon.
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.