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 › Sheffield Rd
$1,021,000
Last sold
16 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,039 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
$1,021,000
16 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $904/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
+4.7%
Median sale
Suburb $975,000
-0.14 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.
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 MontroseDiscover an enchanting residence where Japanese inspired architectural artistry meets the tranquil beauty of the Australian landscape. This distinctive four-bedroom residence offers an oasis of calm for families, and young at heart retirees alike with the organic warmth of brush box and Oregon timber floors and beams throughout its minimalist design. Boasting an impressive 1039m2 elevated allotment with dual access from Sunrise Hill Road, this is a home that truly celebrates its environment, providing a lifestyle of peace, style and dreamy views.
From the moment you lay eyes on its stunning timber cladding façade, you'll be captivated by the home's striking street appeal. Its bold design effortlessly captures the northern sun, greeting the day with splendid sunrises and bidding farewell with breathtaking sunsets. Natural light cascades through well-placed windows, illuminating the flowing, open spaces that seamlessly blend indoors with the Zen-like gardens outside.
The heart of the home, a beautifully crafted kitchen with a gas cooktop, dishwasher and banks of vibrant cabinetry, is complemented by a living room with ambient gas log fire and a dedicated dining zone that opens onto a serene balcony. A cosy sunken lounge with a warming Coonara wood fire further invites you to unwind with garden glances at every turn and allows family members to each have their own space.
Each of the four bedrooms, including a master with an ensuite and walk-in robe, is situated on the upper floor, offering a private retreat with views of the lush, eclectic gardens below. The main bathroom features a shower over bath and a double vanity, combining style with functionality.
A north-facing entertaining deck is the perfect place to host memorable gatherings or simply enjoy quiet moments soaking in the vistas of the Yarra Valley. At night enjoy the twinkling lightshow that unfolds below with your favourite drink in hand. Gardens are magical with many meandering pathways to explore.
Conveniently accessed via Sheffield Road and Sunrise Hill Road, the property includes a horseshoe drive, a double carport and additional off-street parking.
Location wise you are positioned in a hill’s lifestyle setting yet with easy access to all conveniences including Eastlink. Billanook Primary School is a short drive or easy walk away and you are also surrounded by many open green spaces, parks and reserves including the much-loved Montrose Playground and a short drive to all that is offered by the Dandenong Ranges and the Yarra Valley. An incredible lifestyle awaits.
At a Glance:
• 4 bedroom, 2 bathroom architecturally designed split-level home on over a quarter acre.
• Enjoys dual road access via both Sheffield Road and Sunrise Hill Road.
• Sunken lounge with Coonara wood fire ambience and a floor skimming window.
• Kitchen with gas cooktop, dishwasher and banks of vibrant cabinetry.
• Dedicated dining zone that opens to a balcony.
• Gas log fire in the living room with large picture window.
• 4 robed bedrooms and 2 bathrooms (master with ensuite and walk-in robe) all on the upper floor including a lavishly sized second bedroom with stunning views (3m x 4.5m).
• Well positioned windows at all levels to take in the landscape at every opportunity and flood the home in natural light.
• North facing entertaining deck.
• Multiple external doors creating indoor/outdoor flow.
• 7.15 kW solar system with 13 panels
• Timber cladding exterior that blends with the natural environment.
• Brush Box and Oregon timber floors and beams creating an earthy palette.
• Eclectic gardens with a mix of natives, palms and European classics.
• Horseshoe drive and a double carport.
• Powder room.
• Euro style concealed laundry.
• Split system air-conditioning for seasonal comfort.
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.