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 › Magnolia Grove
$893,500
Last sold
13 May 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
1,095 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
$893,500
13 May 2025 · 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
-8.4%
Median sale
Suburb $975,000
+0.30 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 MontrosePoised within the foothills of the Dandenong Ranges, this classic family home on a sprawling quarter-acre block (approx. 1095m2) offers space, charm, and a canvas for your dreams. With a brand-new bathroom already completed, the rest is yours to shape - whether you embrace its existing character or add your own modern touch.
Stepping inside, rich hardwood floors guide you through a home brimming with warmth. The lounge, crowned with soaring timber-lined cathedral ceilings and anchored by a crackling Coonara wood fire, invites relaxed evenings and slow Sunday mornings. An open-plan kitchen and meals area, bathed in natural light, offers stainless-steel oven/cooktop, step-in pantry and a generous breakfast bar where kids can do homework, or friends can linger over coffee. Sliding doors lead to the expansive rear deck - a true entertainer’s paradise, complete with built-in pizza oven, overhead lighting, and a ceiling fan for those balmy summer nights.
The thoughtful layout places the master suite at the front of the home, boasting a walk-in robe and ensuite for added privacy. Down the hall, two additional robed bedrooms are serviced by the brand-new, magazine-worthy bathroom with its floor-to-ceiling tiles and indulgent rain shower. A second living area offers the flexibility to convert into a fourth bedroom if needed.
Outside, the vast backyard stretches before you - offering endless potential. Want a pool? A granny flat? (STCA) Or simply space for the kids and pets to run free? The choice is yours. A powered two-car garage, double carport, and raised veggie bed complete the picture, all set against the breathtaking backdrop of the hills.
A lifestyle of fresh air and convenience awaits, with parks, reserves, trails, and bus stops within walking distance. Montrose Village, Montrose Primary School, Sarah Court Preschool, and Churinga Shopping Centre are just minutes away, ensuring everyday ease with a foothills retreat feel.
At a Glance:
- Quarter-acre block (approx. 1095m2) with huge backyard
- Hardwood floors in living areas, timber-lined cathedral ceilings, and wood fire
- Open-plan kitchen/meals area with breakfast bar and gas cooktop
- Second living area with deck access (or potential 4th bedroom)
- Master with ensuite and walk-in robe, plus 2 robed bedrooms
- Stunning brand-new main bathroom with rain shower and floor-to-ceiling tiles
- Large covered alfresco deck with built-in pizza oven, lights, and fan
- Massive backyard with room for a pool or granny flat (STCA)
- Split system air conditioning, new roof and gutters
- Two-car powered garage plus double carport
- Walking distance to parks, nature reserves, trails, Montrose Village, Montrose Primary, and transport
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.
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