Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Lower Plenty › Montpelier Dr
$2,250,000
Last sold
4 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
5,570 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
$2,250,000
4 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Lower Plenty (last 5 years) with land size have a median of $1,325/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Plenty
+61.9%
Median sale
Suburb $1,390,000
-0.82 pp
Gross yield
Suburb 2.15%
Suburb median $1,390,000 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
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 $574/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
Lower Plenty at a glance
4,194
People
$1,390,000
Median sale
$574/wk
Median rent
2.15%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Morrison Kleeman Estate Agents Eltham Greensborough DoreenThis private and exclusive mid-century modernist is a rare find. North facing, the home is a demonstration of considered environmentally sustainable architecture, exuding a sophisticated elegance with its muted earthy tones that combine to produce a timeless beauty.
Winding up the long driveway, you'll be greeted by stands of eucalypts and beautiful rolling lawns.
The tone is set at entry, with thoughtful, landscaping by Sam Cox, including a stunning pond surrounded by crazy paving and a generous grape vine.
Once inside, you’ll be captivated by the stunning floors, featuring designer tiles that exude confidence and style.
The living spaces impress. The formal sunken lounge offers breathtaking wall to wall garden views on one side and pool views on the other. Adjacent is a flexible space that can be a formal dining room, or a quiet reading retreat offering seamless views and easy access to the pool through sliding glass doors.
For those who work or study from home you'll find a study with a cathedral ceiling, ceiling fan, and blinds – a perfect environment for concentration and creativity.
The kitchen is a chef's dream, featuring stunning crazy black slate floors, aggregate stone tops, and a central island bench. Enjoy beautiful views while preparing meals, and take advantage of the high-end appliances, including a Falcon gas cooker, Asko range, and Asko dishwasher. The servery window connects the kitchen to the patio, making outdoor entertaining a breeze. The separate coffee station completes the picture of a sophisticated, comprehensive, and functional kitchen.
The adjoining casual living and meals areas are perfect for relaxed gatherings with family and friends. The timber-lined ceiling and stunning views create a peaceful atmosphere that invites you to unwind.
The master bedroom is a sanctuary of luxury, boasting wool carpets, exposed beams, a timber-panelled ceiling, and exposed brick. The sash picture windows flood natural light and deliver picturesque views of the gardens. You'll also find a huge dressing room and an ensuite bathroom with frameless shower and glass top vanity.
Three additional bedrooms offer comfort and style, each with wool carpets, built-in robes, and blinds.
The outdoor spaces are equally impressive. A garden shed provides ample storage, and a netted vegetable garden and separate raised garden beds are perfect for growing healthy nutritious food. The irrigation system ensures that your garden stays lush and vibrant with 44,000 litres of underground tank water available. A chook run adds a touch of country living in the city.
The tiled pool area is a true oasis for endless enjoyment on hot summer days. The large outdoor entertaining area offers plenty of space for gatherings and celebrations.
With a land size of over an acre, there's ample room to enjoy the outdoors and pursue your passions. There is easy access to the Yarra Trail for beautiful walks and bike rides. A large double carport and additional parking spaces ensure that there's never a shortage of parking for you and your guests.
Sustainability philosophies have been incorporated into the design of this home so the home sits in harmony with its environment. Features include north facing windows to let in the winter sun and large eaves to block the summer sun, double glazing on southern windows, and a truly stunning grape vine dappled summer shade over an outdoor entertaining area.
With one of Lower Plenty’s most exclusive addresses, you’re within easy reach of Heidelberg, Templestowe, Eltham, and metro Melbourne- along with a choice of excellent - schools including buses to Eltham College and Carey Baptist Grammar.
This example of mid-century architectural excellence delivers an enriching family compound in a truly beautiful location – it’s a rare opportunity.
Listing description written by Lucas Peressini, Morrison Kleeman Estate Agents Eltham Greensborough Doreen — reproduced as published, not verified by Districts.