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 › Cambridge Rd
$935,000
Last sold
16 Sept 2019
4
Bedrooms
2
Bathrooms
4
Car spaces
4,085 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
$935,000
16 Sept 2019 · derived via latest_sale
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.
Vs Montrose
-4.1%
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 MontrosePeacefully set back from the road amongst upmarket lifestyle homes in an acreage estate, this immaculate residence provides the perfect haven for relaxed family living on just over an acre. With rustic exposed beams and natural light that accentuates the rural treed vistas providing a distinct sense of privacy and seclusion, you will forget you are just minutes from both Montrose and Kilsyth hubs.
A warm and inviting lounge with cosy gas log fire is positioned at the front of the home for downtime and relaxation. Separately zoned, a classic timber kitchen is well equipped with 900mm stainless steel gas cooking and overlooks a spacious family/meals zone with easy-care timber-look floors. There is also a fabulous study with built in double work benches on either side – perfect for those who work from home or to set the kids up with their homework.
Boasting three skylit bedrooms in the accommodation zone, there is space for families of any size or stage. The master bedroom also comprises a pristine ensuite and built in robes and the other bedrooms are well serviced by a central sparkling bathroom. Additionally, there is a huge fourth bedroom at the rear with its own separate entrance making it a versatile room if you require a home office/studio, teen retreat or have kids sharing a room.
A spectacular highlight of the property is the huge 18 x 7.5m shed/workshop with drive through access. Ideal for secure storage of boats, trailers and vehicles with its 3m high walls and a peak height of 4.2m, this enviable space can also double as a man cave or gym depending on your lifestyle needs and with its own bar using recycled wood from the property and a cosy Coonara, you may never want to come inside! Please note for added convenience the man cave is separated from the workshop area (50sqm) by an internal wall that on the workshop side has a heavy duty set of pallet racking shelves. Complementing all this is beautifully lush allotment with a tiered lawn at the rear and a great flat space to utilise for a pool or ultimate alfresco zone and an added feature is also rear access from both sides of the home.
Additional highlights include split system air-conditioning, refrigerated cooling in the lounge, electric heat panels in some bedrooms and a gas wall heater for seasonal comfort, a customised cat run with lounge access, double remote garage with dual roller doors, 2 x 5500 water tanks and a scattering of fruit trees including apple, cherry and nectarine. There is also an abundance of off-street parking down the long driveway, manicured gardens and plenty of front lawn to utilise.
Superbly positioned close to lifestyle amenities, the property is minutes from multiple schools including Montrose and Pembroke Primary schools, Billanook College and Yarra Hills Secondary, Mooroolbark, Montrose and Kilsyth shopping precincts, with handy access to Mooroolbark train station and both Eastland and Chirnside shopping centres.
Please note access is via the driveway at #388 and then via the service road.
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 Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.