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 › Aileen Ave
$1,115,000
Last sold
20 Dec 2024
4
Bedrooms
3
Bathrooms
4
Car spaces
1,005 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
$1,115,000
20 Dec 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+14.4%
Median sale
Suburb $975,000
-0.40 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
LOW DENSITY RESIDENTIAL ZONE
LDRZ
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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,005 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 1,005 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; EROSION MANAGEMENT OVERLAY - SCHEDULE 4. 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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,005 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 1,005 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22; EROSION MANAGEMENT OVERLAY - SCHEDULE 4. 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 MontroseStyle and Space on a Generous ¼ Acre
Step inside this immaculate family residence, a place where comfort meets elegance in a seamless blend, perfect for the modern family seeking space and style with a coveted Montrose postcode. With four generous bedrooms and 2.5 well-appointed bathrooms, this home is tailored for family living with a master suite that offers a haven of privacy, complete with a walk-in robe and a full ensuite for your retreat.
An open plan domain is the home’s heart, warmed by the glow of a Coonara fire and boasting stunning polished floorboards adding to the home's character and charm. The social stone kitchen is the shining centrepiece where high-quality stainless-steel appliances, a 900mm oven/cooktop, and a lavish breakfast bench for casual eats basks under pendant lights.
A newly renovated family bathroom is a masterpiece of design, with floor-to-ceiling tiles, a rain shower, deep soak bath and a chic vanity adding a touch of glam to your daily routine. One of the three minor bedrooms also benefits from a semi-ensuite providing allure for teens or multi-generation set-ups.
Savour outdoor living on the semi-covered alfresco deck seamlessly accessed via glass sliding doors, the perfect place to entertain guests or relax as you watch the kids play in the large, flat backyard. It’s the ideal playground for children and fresh-air fun complete with a cubby house for the little ones, lashings of space for play equipment and a workshop shed for tinkerers.
The double garage with internal access, along with a double carport featuring loft storage, offers plenty of secure parking. Additionally, the rear workshop and storage shed make it ideal for tradespeople or hobbyists needing extra space.
The location also comes to the party with footstep access to the reserve and the footy oval for weekend walks with the pooches and a short amble to the Village, IGA, cafes and restaurants depending on what you crave. Montrose and Billanook Primary Schools are also a short drive away to ensure life is kept stress-free.
At a Glance:
• Four-bedroom, three-bathroom family home on 1005m2.
• Master with walk-in robe and full ensuite.
• Open plan living with stunning polished floorboards.
• Two great sized living zones.
• Central wood heater, ducted heating and split system air conditioning for seasonal comfort.
• Solar panels with battery system.
• Modern family bathroom and additional semi-ensuite servicing the 3rd bedroom perfect for multi-generational living.
• Renovated laundry with external access.
• Semi-covered entertaining deck.
• Cubby house and a fantastic flat backyard.
• Double garage with internal entry plus double carport with loft storage.
• Workshop shed plus 3mx3m storage shed.
• Opposite Montrose Recreation Reserve and walking distance to Montrose Village and local schools.
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.