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.
3
Bedrooms
2
Bathrooms
3
Car spaces
2,264 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $585/m² of land (n=128). 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.
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 MRE Property MarketingCOVID - 19 DIRECTIONS: Please note that all parties attending OFI's will be required to observe the following as will be enforced by the agent onsite:
- have a working smart phone and register on the app prior to entry via the QR code provided by the agent
- have a correctly fitted face mask or written exemption from the use of a face mask
- use hand sanitiser provided by the agent
- avoid bringing additional parties to the OFI that are not the parties that will be purchasing the property eg advisors, friends etc
- avoid where possible bringing children into the home in the interests of reducing "touch points"
- avoid touching any surfaces within the home or property and if absolutely necessary, request the agent in attendance to open a cupboard/ door etc for you.
- THESE ARE THE CONDITIONS UNDER WHICH YOU WILL BE ALLOWED TO INSPECT THE PROPERTY. THE AGENT ON SITE HAS THE AUTHORITY TO REQUEST ANY PARTY NOT ADHERING TO THESE CONDITIONS TO LEAVE THE PROPERTY IMMEDIATELY.
Have you been searching the Dandenongs for a level, usable block with plenty of sun where you and your family can live out the rural dream of growing your own veggies and living a cleaner life?
Consider this magnificent 2300 +m3 block that is wide and deep. At the heart of the property is a well loved W/B family home that has undergone substantial renovations in the last 5 years. Beginning with a new colourbond roof, new kitchen with Caesar Stone benchtops, restumping, replumbing and new double glazed windows. There are 3 bedrooms with 2 bathrooms and the all important separation for the master bedroom. There is a cozy loungeroom with roaring fireplace and an outlook into your own little sanctuary fern garden, a second small TV area off the kitchen or formal dining area and a large covered entertaining area just crying out for an outdoor kitchen! The house is equipped with ducted heating for those cold winter days the Dandenong Ranges are so famous for and multiple split systems for the hot summer nights.
Much of the nursery infrastructure will stay with the property, namely the 4 purpose built igloos with specific set up for the varieties the nursery specialized in, which includes hydronic heating. This setup is ideal to convert to the growing veggies or whatever your heart desires. With heating you can grow all year round!! Use what is there or pull down whatever you don't need and expand the already established gardens
With the owners retiring from the nursery industry this is a golden opportunity for one lucky family.
Don't spend the rest of the year thinking about the cleaner lifestyle you dreamed about during covid, make it a reality for your family today. Other properties appear that they are offering what we are, I assure you they are not! Inspect and see for yourself!
Listing description written by Richard Licciardi, MRE Property Marketing — 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.