Monterey at a glance
4,598
People
$2,765,000
Median sale
$730/wk
Median rent
1.37%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
NSW › Monterey › Cassilis St
$2,745,000
Last sold
8 Apr 2025
3
Bedrooms
1
Bathrooms
5
Car spaces
550 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
$2,745,000
8 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Monterey (last 5 years) with land size have a median of $4,985/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Monterey at a glance
4,598
People
$2,765,000
Median sale
$730/wk
Median rent
1.37%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Monterey
-0.7%
Median sale
Suburb $2,765,000
+0.01 pp
Gross yield
Suburb 1.37%
Suburb median $2,765,000 from 14 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $730/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Monterey at a glance
4,598
People
$2,765,000
Median sale
$730/wk
Median rent
1.37%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate Sans SouciNestled in a prestigious neighbourhood and offered for the first time in over 60 years, this classic original home presents a rare and exciting opportunity for those seeking a property with exceptional potential. Set on a prime corner block on 550sqm approx. with dual street frontages, this residence is brimming with charm and offers the perfect canvas for those looking to renovate, update, or redevelop (STCA). Ideally positioned within close proximity to Monterey Beach, Scarborough Park, scenic Bayside walking tracks, popular eateries, and offering easy access to the airport and city, this home boasts a highly sought-after location. With its spacious layout, vintage character, and fantastic setting, this property provides endless possibilities. Whether you are looking to restore its original beauty, move in as is, or transform it into something new, this home promises incredible value and opportunity.
- First time offered for sale in over 60 years, showcasing its timeless charm and character
- Clear and level 550sqm block of land 42.67m deep and 12.88M wide approx
- Positioned on a prime corner block with two street frontages, offering added privacy and potential
- Generously sized living and dining areas, with an eat in timber kitchen situated adjacent to the lounge room
- Three well-sized bedrooms, plus a sunroom with air conditioning for extra living space or a peaceful retreat
- North-facing rear yard with a paved courtyard, offering plenty of room for outdoor entertaining or future landscaping
- Double garage with ample storage space, plus driveway parking for up to 3 cars
- Fantastic potential to update, renovate, or redevelop (STCA), with options to live in now or transform into your dream home
Listing description written by Ray Fadel, Stone Real Estate Sans Souci — reproduced as published, not verified by Districts.