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 › St James Ave
$1,560,000
Last sold
28 June 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
3,149 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
$1,560,000
28 June 2024 · 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
+60.0%
Median sale
Suburb $975,000
-1.21 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 MontroseLuxe Family Oasis with Dual Living Possibilities Plus Pool and Tennis Court on ¾ Acre
Perfectly tucked away for privacy, yet conveniently positioned for the ultimate lifestyle retreat, escape to your own secluded oasis in this lavish family home in an exclusive Montrose pocket. Introduced by a long driveway that leads to a double garage and plentiful parking options for the largest of families, the home’s 4 bedroom and 3-bathroom design on just over ¾ acres is ripe for multigenerational living, avid entertainers and those seeking a rare blend of privacy and space yet still just a short trip to the Montrose township. It’s the ultimate blend of luxury, comfort, and tranquillity.
Framed by a charming wrap-around bull nose verandah, the home greets with a lounge/dining room adorned with floor skimming picture windows perfect for families who need space to spread their wings.
A first-class kitchen gleams in the expansive family heart, demanding centre stage with its striking black stone benchtops, feature island bench, 900mm stainless steel oven/cooktop, dishwasher and plentiful cabinetry, while the casual family room at the rear beckons you to put your feet up as you enjoy the big screen by the gas fireplace.
Sleeping arrangements are generous and flexible, with a secluded master retreat a decadent affair for the heads of the house featuring a walk-in wardrobe and luxurious ensuite with deep soak bathtub and enough space for a sofa. A second master bedroom with separate entrance also boasts a walk-in robe and ensuite perfect for multigenerational living or adult children yet to fly the coop, while two additional bedrooms share a central bathroom.
Outside, entertaining credentials are on display as you're greeted by resort-style grounds, featuring a glimmering inground swimming pool nestled among a magnificent palm tree and towering tree ferns reminiscent of a tropical getaway. Spend lazy summer days hosting friends and family under the covered entertaining gazebo with distant views of Mt Dandenong, toast marshmallows around the firepit or let the kids burn off the last of the day’s energy on the multipurpose tennis court ready for bikes, hoops or perfecting your serve.
Alternatively, you may choose down the track to utilise the flat space for boat or caravan storage, a large workshop shed for a home business or perhaps a granny flat/tiny home (STCA) with easy drive through access.
Lush, manicured gardens frame the home with ample space for child’s play and there’s even a fenced dog run to keep your pooches safe and sound.
At a Glance:
• 4 bedroom, 3 bathroom family home on just over ¾ acre (3149sqm approx.).
• Three living zones plus study.
• Wrap around bull nose verandah.
• Front formal lounge with adjoining formal dining with picture windows and direct access to the kitchen/meals.
• Striking kitchen/casual meals complete with generous island bench, 5 burner gas cooktop and ample storage.
• Casual family room with gas fireplace.
• Secluded master featuring a walk-in wardrobe, spacious ensuite complete with lux bathtub and enough space for a lounge suit creating your very own private retreat.
• A second bedroom also complete with walk in robe and ensuite.
• The other two bedrooms are located privately down the hall both with built-in robes and sharing a stylish central bathroom with separate toilet.
• Oversized double garage with internal access and rear single roller door access complemented by further off-street parking.
• Set amongst gorgeous, manicured gardens and surrounds with a long private driveway and spectacular palm tree.
• Covered entertaining gazebo with distant views of Mt Dandenong.
• Oasis style solar heated saltwater pool.
• Multipurpose surface tennis court with basketball ring.
• Storage for the boat and caravan with the ease of rear yard access or use the flat tennis court space for a workshop shed, granny house or tiny home (STCA).
• Ample grassed yard for the children and pets to enjoy.
• Ducted heating, evaporative cooling, fans and split system for seasonal comfort.
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.