Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
VIC › Monbulk › Old Emerald Rd
$1,140,000
Last sold
13 Apr 2022
5
Bedrooms
2
Bathrooms
5
Car spaces
20,000 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
$1,140,000
13 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $587/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Monbulk
+26.0%
Median sale
Suburb $904,750
-0.72 pp
Gross yield
Suburb 3.48%
Suburb median $904,750 from 30 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 $606/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
UnknownArea
Monbulk at a glance
3,669
People
$904,750
Median sale
$606/wk
Median rent
3.48%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate EmeraldThis architect-designed family home comprises five bedrooms and two bathrooms with an additional downstairs 3rd toilet and has a large secure flat fenced yard and grassy area for the kids and pets.
The interior of the house is beautifully presented, and the master suite has a large ensuite with dual basins, oversize shower and face level storage and a fully fitted walk-in robe as well as its own private balcony down to the extensive spa deck. The 5th bedroom can be ustilised as a large work from home office or as a nursery close to the master bedroom. The other three spacious bedrooms at the other end of the upper level all have built in robes and two have study nooks and are near the renovated full bathroom and separate toilet.
The bespoke kitchen has a large walk-in pantry and European appliances including a multi-function pyrolytic (self-cleaning) oven, induction cooktop and dishwasher. The solid Tassie Oak timber cabinetry with soft-close drawers has stone benchtops which extend to a large breakfast bar that will seat 5. The open plan dining room and lounge area opens out onto the undercover balcony and extensive Alfresco entertaining deck, complete with spa and gazebo. This is a perfect space for family gatherings as well as a fabulous entertaining space.
Downstairs is the living room and rumpus room with a cozy wood heater which keeps the area snug and warm in the winter months as well as also heating the upstairs space. Plenty of firewood exists on the property. There’s room for all the kids’ toys in the rumpus room as well as a pool/table tennis table. The large laundry has ample storage and there is a huge under house wine cellar/storage area.
The house has three reverse cycle split systems for year-round comfort and a double carport as well as a three bay shed for all the machinery - quad bike, wood splitter and there is a large wood storage shed close to the wood heater downstairs. The hot water system is an energy-efficient heat pump.
There are beautiful views of the fern gully and permanent creek below and the surrounding native bushland ensures complete privacy and provides a haven for a variety of birds and wildlife.
The property is between Monbulk and Emerald townships with access to a large variety of major shops and services, a great local kindergarten, childcare centre, excellent schools and sporting facilities.
Inquire today; this is one not to be missed!
CALL TO ARRANGE A PRIVATE INSPECTION TODAY!
Aaron Day 0407 365 994 or Brennan Mileto 0422 996 451
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office
Listing description written by Aaron Day, Bell Real Estate Emerald — reproduced as published, not verified by Districts.
Victoria 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.