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.
$1,273,000
Last sold
16 Nov 2022
4
Bedrooms
3
Bathrooms
4
Car spaces
993 m²
Land
Districts View
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
$1,273,000
16 Nov 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
+30.6%
Median sale
Suburb $975,000
-0.76 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 scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3
NRZ3
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 1,002 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,002 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 3 · NRZ3 (ZN). Official parcel area about 1,002 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 1,002 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 MontroseOn the flip side of a dreamy renovation, this stylish and sophisticated Hampton’s inspired residence offers a generous layout, with versatile living and entertaining spaces to accommodate large families and busy lifestyles. Subdued luxury, lashings of glass, rich timber floors, and a contemporary palette for the ultimate family appeal with a private entertaining deck to match…It’s all here in a dreamy foothills setting with your own picket fence, manicured gardens and majestic ranges views as a backdrop to your everyday. Tradies and tinkerers too will be appeased with the ample secure vehicle accommodation on offer.
Step down to open plan living ablaze in natural light creating a beautiful setting for relaxation. Settle in by the gas log fire come winter and exit to the alfresco via sliding glass doors when the sun is out.
A sublime showstopping kitchen features stainless-steel Miele appliances, chic farmhouse sink, window splashback and Caesar stone island where you can enjoy a platter as meal prep becomes a social affair. A fabulous butler’s pantry with tile feature allows you to keep life clutter free whilst a huge meals zone complements the entertaining household eager to host this year's Christmas lunch.
In a wing of three, the carpeted bedrooms hover around the stunning family bathroom with the master wing to the front granting walk-in robes and ensuite. Both bathrooms exude elegance and luxury with rain showers and Laura Ashley wicker dove inspired floor tiles with the main bathroom also showcasing a Hampton’s shaker vanity and deep soak bath for day’s end.
A second living zone at the entrance is sure to be claimed as a kid’s playroom, home office, or TV zone but can also be a lavish fourth bedroom with its bonus ensuite and robes.
Whether you’re relaxing under the shade of the deck with its built-in fridge, BBQ and pizza oven for effortless entertaining or soaking up the sunshine on the lush lawn, the outdoor setting is an absolute treat made more perfect by its serene hill vistas.
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:
• Evap air-conditioning, ducted heating and ceiling fans for seasonal comfort
• Chic powder room
• Double carport with rear yard access to an 8x8m garage perfect for tradies who need secure off-street parking for vehicles or trailers.
• Ample off-street parking with space for a caravan/boat
• Bosch security alarm plus 6 x camera system
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.