Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Ferntree Gully › Mont Albert Rd

40 Mont Albert Rd, Ferntree Gully VIC 3156

For saleHouse

$1,295,000–$1,395,000

For sale

Asking range

6

Bedrooms

3

Bathrooms

2

Car spaces

1,156 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,295,000–$1,395,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,295,000–$1,395,000(Listing record · 21 July 2026)
  • FactLand 1,156 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ferntree Gully (last 5 years) with land size: median $1,219/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 46% above the Ferntree Gully median recorded sale ($884,000, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ferntree Gully's advertised median rent ($576/wk), implied gross yield would be 2.31% — 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

$1,295,000–$1,395,000

Asking range · $1,120/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ferntree Gully (last 5 years) with land size have a median of $1,219/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Ferntree Gully at a glance

28,311

People

$884,000

Median sale

$576/wk

Median rent

3.39%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Ferntree Gully report →

Vs Ferntree Gully

+46.5%

Median sale

Suburb $884,000

-1.08 pp

Gross yield

Suburb 3.39%

Suburb median $884,000 from 39 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
$1,295,000
Stamp Duty (Victoria)
$71,225
Transfer/Registration Fee
$3,135
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
$1,373,060

$78,060 on top of the price (6.0% 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 Ferntree Gully's advertised median rent — not a rent for this listing.

Net yield
0.81%
Annual cashflow (pre-tax)
$-56,813
Interest cover (DSCR)
0.16
Annual rent
$29,952
Operating expenses
$19,425
Loan amount
$1,036,000
Annual interest
$67,340
Gross yield
2.31%

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$1,295,000–$1,395,000available21 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 $576/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 2.3%. 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

Ferntree Gully in one glance

Ferntree Gully at a glance

28,311

People

$884,000

Median sale

$576/wk

Median rent

3.39%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Ferntree Gully report →

Keep researching

  • Why Ferntree Gully? Read the area thesis →
  • What else is on the market in Ferntree Gully →
  • Other records on Mont Albert Rd →

Listing material

Listed by LOCI Ferntree Gully

Six Bedrooms, Sunset Views and Room for Everyone

Custom-designed by its original owners for a large family, this substantial six-bedroom, three-bathroom home delivers exceptional space, flexibility and outlook across two generous levels. Perched on the high side of an elevated quarter-acre allotment, it pairs sweeping west-facing views with usable tiered grounds, outstanding parking and a floorplan that can evolve alongside changing family needs.

The upper level forms the social centre of the home, where Sydney blue gum floors bring warmth and character to a generous kitchen and meals zone. Pendant lighting, open display shelves and built-in banquette seating add personality to the dining domain, while the adjoining lounge gathers around a Coonara wood fire before opening to a semi-covered deck strung with festoon lights. From here, leafy treetops give way to city and ranges vistas, with vivid sunsets providing a spectacular daily finale.

Three bedrooms, a study and two bathrooms complete this level, including a privately zoned main retreat with a walk-in robe and fully tiled ensuite. Downstairs is all about versatility with three further bedrooms, bathroom and large rumpus creating an almost self-contained domain. One of the bedrooms or the oversized laundry could easily be converted to a kitchenette, making this level ideal for extended family, adult children, guests or anyone seeking genuine independence within the home.

Read the full description

Outdoors, entertaining is matched by space to move. A covered rear entertaining deck with a custom-built bar with plumbed sink handles gatherings in every season, while tiered lawns provide flat areas for play or pets. At the highest point, a gazebo claims the best seat on the property, with broad city views above the treetops and glowing sunsets stretching across the horizon.

You’ll Love:

• Custom-designed, one-owner family home on 1156sqm (approx.)

• Six bedrooms, three bathrooms and a study or potential seventh bedroom

• Flexible dual-level floorplan with separate lower-level entrance

• Downstairs rumpus, three bedrooms, bathroom and laundry with scope for a kitchenette

• Potential multigenerational, guest or independent living arrangement

• Open-plan kitchen and meals with banquette seating and open shelving

• Kitchen with stone benches, island breakfast bar, wine storage and walk-in pantry, 900mm gas cooktop, electric oven, stainless-steel appliances and double sink

• Lounge with Coonara wood fire opening to a west-facing treetop deck - semi-covered with festoon lights, city, ranges and sunset views

• Main bedroom with walk-in robe and fully tiled rain-shower ensuite

• Luxe family bathroom featuring an exceptionally deep, family-sized bathtub

• Sydney blue gum floors, freshly sanded and polished plus new carpet

• Double glazing, ducted heating, ducted cooling, evaporative air-conditioning and ceiling fans

• 5kw solar system

• Laundry chute connecting the upper and lower levels

• Covered rear deck with custom-built bar with plumbed sink

• Tiered backyard with level lawn areas, gazebo, chicken coop, lemon and lime trees, and wood storage

• Double garage with internal access + storage room

• Two driveways providing excellent parking for caravans, boats and multiple vehicles

• Separate driveway option ideally suited to the lower-level accommodation

Lifestyle

High above the everyday bustle, this peaceful foothills pocket keeps nature and convenience remarkably close. Arbor Track is less than 500m away, placing One Tree Hill, the 1000 Steps and the walking trails of the Dandenong Ranges within easy reach. Ferntree Gully North Primary School and bus services are nearby, while Ferntree Gully Station is around five minutes by car. Boronia’s shops, restaurants and everyday amenities are also close, with Westfield Knox approximately 15 minutes away. It is a location shaped by mountain air, treetop scenery and community connection, with those extraordinary western sunsets waiting at home each evening. Love it. Live it.

LOCI Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Jarrod Peterson, LOCI Ferntree Gully — reproduced as published, not verified by Districts.

Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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