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.
VIC › Montrose › Bracken Ave
$1,517,000
Last sold
25 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,572 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
$1,517,000
25 Oct 2023 · 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
+55.6%
Median sale
Suburb $975,000
-1.16 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 MontroseNestled at the end of a cul-de-sac and shrouded in sublime privacy, this striking architect designed home delivers luxe living with supreme style and spectacular sunsets adding to your daily life as well as city views from the tiered almost half-acre allotment. Showcasing bespoke design elements that will elevate your living experience, this spectacular home greets with a breathtaking 2.7m high cathedral ceiling entry that brings the wow factor.
Lavish floor skimming windows framing the lush landscape feature throughout including the living room at the entrance accented by wood fire warmth. Perfect for large and growing families, the layout extends to an open plan heart with a stunning kitchen at the helm flaunting luxe Caesarstone benchtops, 900mm stainless steel oven, and a butler’s pantry. A breakfast bar adds casual meal, homework or laptop appeal.
For those requiring even more space to spread out, a rumpus zone happily obliges – the perfect place for the kids to turn up the volume or spread the Lego.
Meanwhile, a 4-bedroom north wing saunters away against an opulent main bathroom and ensuite convenience for the heads of the house along with an opulent boutique style dressing room.
An all-season alfresco and expansive decking that melds with the landscape is only separated by banks of sliding glass. Friends and family by your side, footy on the big screen and the barbeque sizzling – you’ll make memories here. Take your glass of bubbly up to the firepit zone for late night chats and climb higher for those dreamy city views.
Lush, layered lawn is ideal for furry family members, fresh-air fun or a slip and slide. It’s a family playground you can enjoy in complete privacy complete with built-in trampoline. You can also enjoy the weekend hikes along the walking trails through the National Park and share all the local wildlife that is a step away from your back doorstep.
More to Love:
• 4 bedroom, 2 bathroom lifestyle property on 1629m2 set against a forest backdrop.
• Indoor/outdoor entertaining and multiple living zones.
• Formal lounge with open fireplace.
• Master suite with dressing room with thoughtfully planned hanging, shelving and drawer space, and ensuite featuring designer tapware with walk-in shower.
• 2 x children’s rooms come with walk in robes, shared bathroom with bath, double vanity, and walk in shower.
• 4th bedroom/study.
• Separate rumpus room with sliding doors leading to the expansive partially covered decking area.
• Architecturally designed decking and built in fire pit and seating area.
• Central heating, reverse cycle air-conditioning, double glazed windows and under floor insulation for seasonal comfort.
• Double garage with internal entry, workshop, solar panels and water tanks.
• Walking distance to Billanook Primary School.
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 Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.