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VIC › Montrose › Glasgow Rd

39 Glasgow Rd, Montrose VIC 3765

For saleHouse for Sale

$1,800,000–$1,950,000

For sale

Asking range

6

Bedrooms

3

Bathrooms

4

Car spaces

2,045 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,800,000–$1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,800,000–$1,950,000(Listing record · 23 July 2026)
  • FactLand 2,045 m²; no building size recorded.(Property record)
  • CalculationAsk is 85% above the Montrose median recorded sale ($975,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Montrose's advertised median rent ($608/wk), implied gross yield would be 1.76% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,800,000–$1,950,000

Asking range · $880/m² of land

No recorded sale for this property.

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.

See the full Montrose report →

Vs Montrose

+84.6%

Median sale

Suburb $975,000

-1.48 pp

Gross yield

Suburb 3.24%

Suburb median $975,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,800,000
Stamp Duty (Victoria)
$99,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,906,314

$106,314 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Montrose's advertised median rent — not a rent for this listing.

Net yield
0.26%
Annual cashflow (pre-tax)
$-88,984
Interest cover (DSCR)
0.05
Annual rent
$31,616
Operating expenses
$27,000
Loan amount
$1,440,000
Annual interest
$93,600
Gross yield
1.76%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,800,000–$1,950,000available23 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Montrose in one glance

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.

See the full Montrose report →

Keep researching

  • Why Montrose? Read the area thesis →
  • What else is on the market in Montrose →
  • Other records on Glasgow Rd →

Listing material

Listed by Noel Jones Maroondah & Yarra Ranges

Renovated Foothills Sanctuary on 2,045sqm

Privately positioned on a substantial 2045sqm approx. allotment near the Dandenong Ranges, this fully renovated family residence delivers an impressive combination of architectural character, contemporary style and peaceful foothills living.

Thoughtfully designed across two expansive levels, the home immediately impresses with soaring ceilings, striking architectural windows, beautiful natural light and leafy outlooks that enhance its sense of space, privacy and retreat. The main living and dining zone creates an elegant everyday centrepiece, enhanced by a combustion fireplace, large windows and a seamless connection through to the renovated kitchen.

Finished with impressive attention to detail, the kitchen showcases stone benchtops, a waterfall island breakfast bench, quality appliances, excellent storage and a beautifully appointed butler's pantry complete with additional sink, second dishwasher, extensive cabinetry and generous preparation space, making it ideal for both everyday family living and large scale entertaining.

Read the full description

Accommodation is wonderfully flexible, with up to six bedrooms spread across two levels. The main bedroom features a fitted walk in robe and stylish ensuite, while the remaining bedrooms are serviced by beautifully appointed bathrooms, including a family bathroom and lower level bathroom.

Downstairs, a vast family and living zone provides outstanding space for children, teenagers or extended family, complete with a second combustion fireplace and direct outdoor access. Adding further practicality, the large studio/gym offers excellent flexibility as a home gym, hobby space, workshop area or substantial storage zone.

Outdoor living is a major highlight, with multiple alfresco zones, an entertainer's balcony, terrace, landscaped gardens, fish pond and generous lawn areas creating a tranquil setting for family enjoyment. Elevated outlooks capture beautiful leafy aspects and glimpses towards the city skyline, adding to the home's unique sense of privacy and escape.

Further features include a full sized laundry, powder room, excellent storage, cellar/storage area, hydronic under floor heating, split system heating and air conditioning, ceiling fans, horseshoe driveway, secondary backyard access, caravan/trailer parking, multi car parking and a double garage/workshop with toilet and sink.

Set in a peaceful foothills pocket near the Dandenong Ranges National Park, Burkes Lookout and the much loved Fire Trail, the home delivers privacy, natural beauty and everyday convenience. Montrose Village, Billanook Primary School, Kilsyth South shops, Lilydale, local buses, Mooroolbark Station and a selection of quality private schools are all within swift reach.

A fully renovated and uniquely flexible family home where generous proportions, quality finishes and peaceful surrounds come together beautifully.

Disclaimer:

Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Listing description written by Ryan Evans, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Toilets: 4
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.