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 › Magnolia Grove
$953,000
Last sold
19 Jan 2024
4
Bedrooms
2
Bathrooms
1
Car spaces
1,090 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
$953,000
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
-2.3%
Median sale
Suburb $975,000
+0.08 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.
Nearby
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 MontroseCocooning you in comfort year-round – you’ll simply love coming home to this family sanctuary - the ideal, young growing family home nestled on a lavish 1090m2. In the one family for almost half a century and stylishly updated over the years, this is your opportunity to settle in the foothills and create your own memories within its charm-filled walls.
A central kitchen/meals hub shines with stainless-steel appliances, and a breakfast bench for to feed the kids or perch with a morning cuppa, whilst a cosy front lounge is the perfect retreat for the heads of the household when the kids are spread out in the family room.
When it’s time for rest a master bedroom delivers complete privacy in its own zone complemented by a beautifully renovated ensuite with monsoon shower providing plenty of pampering. Three well-scaled junior bedrooms with robes flow off the family room centred around a family bathroom that is ready for an upgrade when you are.
Outside the all-season alfresco delivers the perfect place to entertain or relax year-round whilst the fully fenced yard brimming with natives will let the kids play long into the evening. There’s also plenty of space for pets, play equipment, a firepit zone and a thriving veggie patch for the green thumbs. When you need a touch of Zen enjoy the tranquillity of the water feature that flows through a rockery at the side of the house. You can even enjoy the soothing water sound from the kitchen. Alternatively, greet the day with a cuppa on the charming front verandah.
For those who love to tinker or need extra storage space, there are two powered workshop sheds. Whether you're a handyman with projects galore or a keen gardener seeking a space for potting, these sheds offer endless possibilities.
Walking distance to parks, nature reserves and trails, bus stops, Montrose Village shops, Montrose Pre and Primary Schools and only a short commute to Churinga Shopping Centre, recreational facilities and the attractions of the Dandenong Ranges.
At a Glance:
• 4 bedroom, 2 bathroom family home on 1090m2.
• Dual living areas – front lounge and central family room.
• Updated kitchen with stainless-steel appliances overlooking a meals zone.
• Master with renovated ensuite.
• Covered alfresco zone for entertaining plus spacious fully fenced backyard.
• Wrap-around front verandah.
• Two workshop/storage sheds with power and lighting.
• Evaporative cooling, ducted heating and ceiling fans for seasonal comfort.
• Fernery, natives, lemon and magnolia tree, veggie patch and a rockery with water feature.
• Single carport plus ample off-street parking and access gates to the rear.
• Restumped plus repointed and repainted roof.
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.