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.
$1,326,000
Last sold
31 Aug 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
1,004 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
$1,326,000
31 Aug 2022 · 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
+36.0%
Median sale
Suburb $975,000
-0.86 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 MontroseDisplaying a captivating pairing of character and contemporary with entertaining flair, endless space for children and pets to play and a bonus home business/multigenerational accommodation space, this splendidly renovated home on approximately 1004m2 is a family buyer's dream quietly placed in one of Montrose's finest streets.
A turnkey design triumph - every detail, every aspect, every finish has been carefully considered, where you will discover superb modern comfort blended with classic detail at every turn including gutter cornices, tall ceilings, ceiling roses, leadlight, sash windows, French doors and picture railings.
Warmed by a striking Jarrah open fireplace, a cosy front lounge sets the scene with glossy timber floors under a traditional arch hallway culminating in an open plan heart that heralds a stunning gourmet kitchen with generous granite island bench, deluxe 900mm stainless steel oven with induction cooktop, warming drawer and walk-in pantry.
Effortless flow to the living and dining zone is complemented by floor to ceiling windows with peaceful views of the mountains.
The home comprises three bedrooms in the main house plus a luxe dedicated walk-in dressing room concealed behind chic barn doors which could easily be converted to a home office/nursery. The master bedroom is complemented by a sparkling contemporary ensuite and large walk-in robe, while the main bathroom combines classic with modern-day incorporating an enchanting claw foot bath for relaxing at day’s end.
Slip out the French doors to a fabulous all-season alfresco entertainment area, which looks across the picture-perfect rear yard and the scenic Dandenong Ranges in the background with pickets and screening for privacy and shade blinds for summer.
In addition, there is a fabulous multi-purpose home office/additional living space privately nestled in the garden with its own entrance and fenced off garden. Showcasing a kitchenette, living/dining, study nook, bedroom and bathroom – it’s perfect for these times as a work from home space, a place for a noisy teen, an elderly parent, or as an Airbnb and additional income stream.
Stunning landscaped gardens surround this inviting home, providing privacy and a welcoming appeal with an artfully designed, lush display of tranquillity in every direction including a blanket of lawn for the kids to relish.
You will find yourself within an easy stroll or short drive of the friendly Montrose village, where you can dine at the local cafes, pick up your supplies from the IGA or enjoy the benefits of the other facilities on offer. Take a walk in the nearby National Park or a walk around the lovely neighbourhood, there is always a friendly face in the area. Within easy drive of the Yarra Valley and Dandenong Ranges, central to schools including Ghilgai Steiner School, Billanook Primary, St Richards Primary and Montrose Primary and a bus stop 300m away.
More to Love:
- Separate wine cellar under the family room floor – great for storage to keep life clutter free!
- Generous sized laundry with heating panel makes it an ideal drying room
- Extra storage / workshop space underneath the rear alfresco area.
- Electric driveway gates and locking front pedestrian gate and security doors for peace of mind.
- Double carport with ample room for two cars
- Workshop/storage space at the front of the home office housed behind a barn door
- Sensor lights on the porch and driveway
- Large front porch with Colourbond roof and decking boards
- All exterior painted January 2022 - including windows and doors
- Hydronic heating throughout, evaporative cooling, split system air-conditioning and ceiling fans
- Quality blockout Roman blinds throughout
- Watering system in the front yard
- New hot water service
- Downlights with dimmer switch
- Double glazed windows
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.