Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Montrose › Montrose Rd
$780,000
Last sold
25 Feb 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
18,020 m²
Land
258 m²
Building
Districts View
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
$780,000
25 Feb 2019 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $927/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
+11.4%
Median sale
Suburb $700,000
-0.44 pp
Gross yield
Suburb 4.29%
Suburb median $700,000 from 15 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
TASPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $577/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. Nearby development applications are not loaded for this property. 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
UnknownNearby development applications are not loaded for this property.
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
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Pinnacle PropertySet high above the crowded suburbs in its own private bushland setting, looking down over surrounding suburbs and the River Derwent, this modern estate offers a stunning four bedroom designer family home, plus a separate two bedroom villa, designated for short term letting.
Drive to the top of Montrose Road and you will discover a sweeping driveway that takes you to the main house and directly into the two car garage, with internal access to the home.
Behind the modern wood slatted fencing you will find a welcoming easy care entertaining area surrounded by huge sandstone blocks making a retaining wall for the native garden. This sandstone feature makes this space something special, especially with the fire pit roaring on a cool winter night.
You enter the home through sliding glass doors off the covered patio area, directly in the huge open plan living space. This space definitely has the wow factor, with contemporary tiled flooring, a neutral colour scheme and feature lighting, all sited to take advantage of stunning views all the way to MONA.
This living area is large enough to incorporate your living, dining and even a study nook, this is definitely a space for entertaining, especially in summer when you can open up the sliding glass doors to bring the outside in and wow your guests with those views.
The state of the art kitchen sits at the back of the living area and boasts only the finest features and finishes, including stone bench tops, a double oven and gas cook top, a central Island and the ultimate Butlers Pantry with it's own sink and plenty of shelving and storage.
To one side of the living area is the master suite with its own walk in robe and stunning fully tiled ensuite. This room also has glass sliding doors to the patio and gardens and is positioned to allow you to fall asleep while taking in the view.
On the other side of the living space are three more bedrooms all of similar size and all with built in robes. These rooms have generous natural light with neutral decor and carpeting.
Also, at this end of the house is the designer family bathroom with freestanding bath, separate walk in shower and stylish vanity. This is a real spa experience. There is a separate toilet next door. This area also includes a number of storage cupboards and a separate laundry that has access to the garage.
The home has ducted heating for winter and air conditioning for Summer, making this a very comfortable space to live in. To assist with power bills, the house is also equipped with a 7kw solar system as well as a heat pump hot water system.
Behind this main house sits the separate two bedroom, one bathroom villa unit. There is open plan living and a galley kitchen making this an easy living floorplan. It has been approved for sort term accommodation, or you could utilize if for your extended family, as a home office or for housing visiting guests.
The villa has its own entrance and its own outside entertaining area incorporating a six seat spa, located so you can soak in the views.
This whole estate sits on approximately 4.5 acres of land, much of it landscaped with winding paths and native plants. All this is just a seven minute commute to the Glenorchy shopping precinct or 15 minutes from the Hobart CBD.
This is a once in a lifetime chance to make your lifestyle dreams come through.
Call Simon today to arrange an inspection.
Listing description written by Simon Parsons, LJ Hooker Pinnacle Property — reproduced as published, not verified by Districts.