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 › Belvedere Dr
$1,235,000
Last sold
13 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
875 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
$1,235,000
13 Nov 2024 · 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
+26.7%
Median sale
Suburb $975,000
-0.68 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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 877 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 877 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1; 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 877 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 877 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1; 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 MontroseStep into a world of contemporary style and effortless comfort in this “feels like new” family home, crafted for those who appreciate quality and timeless style. Gleaming Sydney Blue Gum floors stretch through an expansive open-plan living zone with gas log space heater, where living, dining, and a gourmet kitchen flow seamlessly into each other, creating a social heart with a layout that encourages family connection. Here, you’ll find Caesarstone counters, a sleek 900mm stainless-steel cooker, walk-in pantry, and a breakfast bar designed for both casual bites and family banter. A servery window opens directly to the alfresco deck, where outdoor dining meets year-round entertaining under a 6m shade umbrella.
Set on its own, the master bedroom is a peaceful retreat with an ensuite and easy access to a separate cosy lounge, media room or home office space. Whether it’s a haven for the heads of the house or a place for the kids to turn up the volume – the choice is yours. Nestled off a hallway, three additional bedrooms are neatly zoned with a family bathroom ensuring everyone has their own space and privacy.
The outdoor spaces are equally enchanting: vibrant gardens bloom with over 40 varieties of roses, lush lawns are ready for play, and a netted veggie garden, fruit trees, and a hen house promise fresh produce at your fingertips. Whether hosting weekend gatherings on the deck or harvesting veggies with the kids, this is a garden that will soothe the soul.
Adding to the family flair is generous off-street parking behind secure auto gates for multiple cars, or even a boat, caravan or trailer in addition to the double garage with shopper’s entry.
Located minutes from the Village, the adventure playground, football oval and buses to both Lilydale and Ringwood station and the luxury of being able to walk to school means the location has it all.
At a Glance:
• 4-bedroom, 2-bathroom single-level family home on 875m2.
• Dual living areas including family room with gas log space heater plus flexible media room/quiet lounge/office.
• Master with double vanity ensuite and walk-in robe.
• Family bathroom with bath and shower.
• Powder room.
• Caesarstone kitchen with 900mm cooker, walk-in pantry and servery to the deck.
• Alfresco deck for entertaining and outdoor dining including a 6m shade umbrella.
• Netted veggie garden, fruit trees and a hen house.
• Lush blanket of lawn framed by vibrant gardens with over 40 different varieties of roses.
• Fenced dog run area at the side of the house.
• 17 solar panels (approx. 5.29kw) for energy efficiency.
• Central refrigerated heating and cooling plus gas space heater for seasonal comfort.
• Double garage with internal entry and plenty of off-street parking including space for a caravan/boat/trailer.
• CrimSafe security doors.
• Electric gates (app operated).
• Garden sprinkler 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 Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.