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 › Chestnut Ct
$1,215,000
Last sold
18 Mar 2024
5
Bedrooms
2
Bathrooms
1
Car spaces
4,197 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
$1,215,000
18 Mar 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
+24.6%
Median sale
Suburb $975,000
-0.64 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 MontroseCrowning the court, this incredible residence is poised atop an elevated acre allotment with breathtaking easterly views where you can watch the sun rise over the Yarra Ranges, casting a golden glow on your very own slice of paradise. Seemingly in a world of its own in a secluded and peaceful setting and backing on to a bushland reserve, the contemporary home is just 1km from the village.
As you approach this magnificent property, you'll be struck by the feeling of suspense. Elevated high on the block, it commands attention and respect. Step inside and be greeted by gleaming polished timber floors that reflect the natural light streaming in from stunning floor to ceiling glazing that frames the unforgettable views. The lavish open plan living and dining area is warmed by a wood fire, creating a cosy atmosphere that invites relaxation and conversation.
Three spacious bedrooms on the top level including the master with sunrise views are complemented by two additional bedrooms downstairs and a second living zone - perfect for guests or growing families who need space to spread their wings.
The contemporary kitchen is a chef's delight where stainless-steel appliances sparkle under the sun-kissed design, and ample counter space makes meal preparation a breeze. The bathrooms echo this modern aesthetic, combining style with functionality for your convenience.
Outside, the magic continues with over an acre of land and beautiful established gardens awaiting your exploration. A mini orchard offers juicy fruit at your fingertips including lemons, apples, oranges, nectarines, peaches and avocados, while the chicken house promises fresh eggs for breakfast. Keen gardeners will also delight in the veggie beds, greenhouse and water irrigation system attached to rainwater tanks - sustainability has never been so easy or so satisfying.
A powered shed/workshop also delivers for tradies, hobbyists or those needing space or storage for tools and equipment.
At a Glance:
• 5-bedroom, 2 bathroom split-level family home on over an acre (4197m2).
• Stunning easterly views out to the Yarra Ranges.
• Living/dining with polished timber floors and wood fire ambience.
• Contemporary kitchen with stainless-steel appliances and modern bathrooms.
• Ducted heating, and split system air-conditioning for seasonal comfort.
• Powered shed/workshop.
• Mini orchard, chicken house, veggie beds and greenhouse.
• 2 x 9000L rainwater tanks with multi-stage pump that waters the lawns and garden beds via an automatic irrigation system.
• Ducted vacuum system.
• Walk to the village locale.
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.