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.
$757,000
Last sold
19 Jan 2024
4
Bedrooms
1
Bathrooms
2
Car spaces
848 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
$757,000
19 Jan 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
-22.4%
Median sale
Suburb $975,000
+0.94 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 MontroseWelcome to the epitome of comfortable living nestled in a peaceful cul-de-sac locale set against a hills backdrop - the perfect place to raise a family. This spacious family home offers a haven of tranquillity and is the perfect blend of comfort, space and style.
Boasting ample room for all your needs, the home invites you to create lasting memories in a serene environment positioned in an ultra-convenient location minutes from the heart of Montrose Village.
Admire the thoughtfully conceived layout affording separate living zones starting with a welcoming living area built for unwinding or feeding the family.
Well connected to this inviting open plan domain via a breakfast bar servery is the generous kitchen with stainless-steel appliances providing a unified transition come mealtime.
At the rear a spacious second living zone/rumpus is perfect for the teens or catching up on Netflix and effortlessly flows to an all-season alfresco allowing you to entertain, extend your living space in the warmer months and also provides a sheltered outdoor play area.
The abundance of accommodation will delight with four well placed bedrooms catering for large or growing families. Spread over two zones (two at the front of the home and two at the rear), the robed bedrooms with bright floor skimming windows are serviced by a sparkling skylit bathroom.
Kids and pets will adore the fully fenced tiered backyard with lush, shady lawn a haven for child’s play and ample space for a veggie patch and play equipment.
Walking distance to Montrose Village shops, close to Montrose and Billanook Primary School and the National Park and you can easily get your “big centre’ fix at Knox, Eastland or Chirnside Park within 20 minutes.
At a Glance:
• 4 bedroom, 1 bathroom family home on 848m2.
• Quiet cul-de-sac locale.
• Gleaming polished timber floors throughout living areas with floor to ceiling windows bringing in an abundance of natural light.
• Carpeted bedrooms.
• Dual living areas including front lounge/dining and large rear family room/rumpus.
• Generous laundry with French door access to the rear.
• Oversized single garage with space for a jetski/bikes/workshop and roller door access to the rear.
• Single carport.
• 3 x garden sheds.
• Evaporative cooling, wall heaters x 2 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 Allan Dowdell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.