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VIC › Mont Albert › Gilbert St

1A Gilbert St, Mont Albert VIC 3127

For saleHouse for Sale

$2,000,000–$2,200,000

For sale

Asking range

4

Bedrooms

4

Bathrooms

2

Car spaces

345 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,000,000–$2,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,000,000–$2,200,000(Listing record · 5 Aug 2026)
  • CalculationAsk is 17% above the Mont Albert median recorded sale ($1,714,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mont Albert's advertised median rent ($633/wk), implied gross yield would be 1.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,000,000–$2,200,000

Asking range · $5,797/m² of land

No recorded sale for this property.

Mont Albert at a glance

5,346

People

$1,714,000

Median sale

$633/wk

Median rent

1.92%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Mont Albert report →

Vs Mont Albert

+16.7%

Median sale

Suburb $1,714,000

-0.27 pp

Gross yield

Suburb 1.92%

Suburb median $1,714,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,000,000
Stamp Duty (Victoria)
$110,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,117,314

$117,314 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mont Albert's advertised median rent — not a rent for this listing.

Net yield
0.15%
Annual cashflow (pre-tax)
$-101,084
Interest cover (DSCR)
0.03
Annual rent
$32,916
Operating expenses
$30,000
Loan amount
$1,600,000
Annual interest
$104,000
Gross yield
1.65%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,000,000–$2,200,000available5 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $633/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mont Albert in one glance

Mont Albert at a glance

5,346

People

$1,714,000

Median sale

$633/wk

Median rent

1.92%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Mont Albert report →

Keep researching

  • Why Mont Albert? Read the area thesis →
  • What else is on the market in Mont Albert →
  • Other records on Gilbert St →

Listing material

Listed by D - Australia Real Estate

Luxury Living with Four Ensuites in Prestigious Mont Albert

Perfectly balancing architectural sophistication with everyday practicality, this impeccably crafted four-bedroom residence delivers an exceptional standard of contemporary family living in one of Mont Albert's most desirable neighbourhoods. Thoughtfully designed with premium finishes, generous proportions and four private ensuites, it offers effortless comfort, flexibility and timeless style.

Beyond its striking modern façade, the home unfolds into a beautifully appointed open-plan living and dining domain where quality floorboards and expansive glazing create a warm, inviting atmosphere. Sliding glass doors seamlessly connect the interior to a private timber-decked courtyard, providing the perfect setting for alfresco dining, entertaining and low-maintenance outdoor living.

The designer kitchen combines elegance with functionality, featuring premium stone benchtops, a stylish black double-bowl sink with a quality pull-down mixer, and a full suite of Miele appliances, including an induction cooktop, oven, microwave and dishwasher.

Read the full description

The ground floor also accommodates a luxurious north-facing master suite with a generous walk-in robe and beautifully appointed ensuite, making it ideal for multigenerational living or those seeking single-level convenience. A well-equipped laundry with extensive cabinetry, dual benchtops, an integrated sink and adjoining powder room further enhances everyday functionality, while abundant storage is thoughtfully incorporated throughout the home.

Upstairs, a spacious north-facing retreat opens to a private balcony, creating a versatile second living area bathed in natural light. Every bedroom enjoys the privacy of its own ensuite, including the luxurious main suite with uninterrupted outlooks, a generous walk-in robe and a hotel-inspired ensuite featuring a double vanity, freestanding bathtub and shower.

Further highlights include reverse-cycle heating and cooling throughout, quality floor coverings with carpet to the bedrooms, staircase and retreat, a remote-controlled double garage with internal and rear yard access, premium bathroom finishes and an easy-care landscaped courtyard.

Positioned within a tightly held Mont Albert pocket, this exceptional residence enjoys close proximity to local cafés, boutique shopping, parklands, highly regarded public and private schools, public transport and Box Hill's renowned retail, dining and medical precinct, delivering an enviable lifestyle of convenience and prestige.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries and obtain their own legal and financial advice.

Listing description written by Ding Ding, D - Australia Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Toilets: 5
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.