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 › Richards Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
864 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $905/m² of land (n=102). 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.
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 MontroseThere’s a certain calm that settles in the Montrose foothills - birdsong drifting through the trees, dappled light on timber floors, and the feeling that you’ve arrived somewhere quietly special. Privately positioned on approximately 864m² and gently unfolding across three levels, this contemporary residence is a true haven, blending everyday comfort with a deep connection to outdoor spaces.
Set well back from the street and backing directly onto a nature reserve, the home immediately feels safe, secluded and wonderfully private. Crisp plantation shutters lend a subtle Hamptons note, while soaring timber-lined raked ceilings introduce warmth and architectural flair. Every turn invites you to slow down, breathe deeply, and enjoy the setting.
The kitchen sits confidently at the centre of daily life, beautifully equipped with stone benchtops, a 900mm cooker, dishwasher and stainless steel appliances and a generous breakfast bar under pendant lighting. From here, leafy outlooks frame your cooking moments, whether it’s weekday dinners or entertaining a crowd. The adjoining dining area forms a natural gathering point, and the entire zone spills out to a paved, fully enclosed alfresco and lawn - perfect for barefoot play, or a glass of wine at dusk.
A comfortable lounge room delivers cosy winter evenings, anchored by a toasty open fireplace that adds both warmth and atmosphere. With four external doors throughout the home, indoor living flows effortlessly outdoors - you’re never more than a few steps from deck, garden, or pool.
Accommodation is thoughtfully zoned. Two attic-style bedrooms occupy the upper level, each with built-in robes and a peaceful treetop feel. The lavish main bedroom sits privately on the second level, complete with built-in robes, a sleek modern ensuite, and a tiled step-down retreat ideal as a nursery, home office or gym - with its own external access. A second family bathroom services the home with ease.
Outdoors is where this property truly shines. Entertain on the deck and host summer dinners beside the sparkling solar-heated concrete pool, or retreat to the pool house and pergola, fully enclosable with remote blinds for year-round enjoyment. Fruit trees - plum, lemon, lime, fig and olive - add charm, productivity and seasonal joy.
With shops, Montrose Primary School and village cafés around the corner, and direct gated access to Richards Reserve offering leafy walks, playgrounds and a shortcut to morning coffee, the lifestyle here is as effortless as it is enriching. Add easy bus access to Lilydale and Ringwood stations, and you have foothills living with everyday convenience beautifully covered.
At a Glance:
• Tri-level contemporary residence on approx. 864m²
• Privately positioned, set well back from the street with reserve at the rear
• Three bedrooms with built-in robes, including lavish main with retreat and ensuite
• Fully equipped kitchen with stone benchtops, 900mm cooker, stainless steel appliances and breakfast bar
• Adjoining dining zone flowing to private, enclosed alfresco and lawn
• Comfortable lounge with open fireplace
• Solar-heated inground concrete pool with pool house and pergola (remote blinds)
• Multiple outdoor entertaining zones including deck and garden spaces
• Fruit trees: plum, lemon, lime, fig and olive
• Polished timber floors, ducted heating, multiple split system air conditioning
• Large laundry with drying cupboard
• External security doors
• Double garage with remote door plus ample driveway parking (caravan/trailer friendly)
• Fully fenced, secure grounds with multiple external access points
• Direct gated access to Richards Reserve
• Walk to Montrose Primary School, village shops, cafés, parks and sporting fields
• Easy bus access to Lilydale and Ringwood stations
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.