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VIC › White Hills › Montgomery Cres

40 Montgomery Cres, White Hills VIC 3550

For saleHouse

$625,000–$665,000

For sale

Asking range

$405,000

Last sold

2 Feb 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

562.116 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $625,000–$665,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $625,000–$665,000(Listing record · 5 Aug 2026)
  • FactLand 562 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in White Hills (last 5 years) with land size: median $912/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 5% above the White Hills median recorded sale ($598,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at White Hills's advertised median rent ($494/wk), implied gross yield would be 4.11% — 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

$625,000–$665,000

Asking range · $1,112/m² of land

Last recorded sale $405,000 (2 Feb 2026).

Local land rate: recorded House sales in White Hills (last 5 years) with land size have a median of $912/m² of land (n=103). Districts calculation from recorded sales — not a valuation.

White Hills at a glance

3,640

People

$598,000

Median sale

$494/wk

Median rent

4.30%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full White Hills report →

Vs White Hills

+4.5%

Median sale

Suburb $598,000

-0.19 pp

Gross yield

Suburb 4.30%

Suburb median $598,000 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
$625,000
Stamp Duty (Victoria)
$32,570
Transfer/Registration Fee
$1,567
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
$662,837

$37,837 on top of the price (6.1% 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 White Hills's advertised median rent — not a rent for this listing.

Net yield
2.61%
Annual cashflow (pre-tax)
$-16,187
Interest cover (DSCR)
0.50
Annual rent
$25,688
Operating expenses
$9,375
Loan amount
$500,000
Annual interest
$32,500
Gross yield
4.11%

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

2026$405k$625k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$625,000–$665,000available5 Aug 2026
  2. Sold$405,0002 Feb 2026
  3. Listedprice unknowncompleted9 Nov 2025

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 $494/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 4.1%. 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

White Hills in one glance

White Hills at a glance

3,640

People

$598,000

Median sale

$494/wk

Median rent

4.30%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full White Hills report →

Keep researching

  • Why White Hills? Read the area thesis →
  • What else is on the market in White Hills →
  • Other records on Montgomery Cres →

Listing material

Listed by PRD Bendigo

Freshly Renovated with Timeless Character

Set within an established White Hills neighbourhood, 40 Montgomery Crescent combines classic weatherboard character with a fresh 2026 renovation, creating a comfortable and inviting home ready for its next chapter. Positioned on approximately 562sqm, it presents an appealing opportunity for first home buyers, investors, downsizers or anyone seeking a well-located property with space, personality and practical outdoor features.

A welcoming front porch introduces the home, while the traditional weatherboard façade and tiled roof retain a strong sense of charm. Inside, polished timber floors, high ceilings and generous windows bring warmth and natural light throughout the main living areas, complemented by a soft, neutral colour palette that gives the interiors a bright and cohesive feel.

The spacious living room sits at the front of the home, where a wide picture window captures the outlook across the crescent and a character fireplace creates a natural focal point. Split-system climate control and ducted evaporative cooling support year-round comfort, while the adjoining dining area provides an easy connection between everyday living and the kitchen.

Read the full description

Recently updated, the kitchen offers a clean contemporary finish with white cabinetry, generous benchtop space, a tiled splashback, induction cooktop, an under-bench oven, dishwasher and pantry storage. Its generous proportions provide plenty of room to move, while the nearby mudroom and laundry add further practicality to the rear of the home.

Three bedrooms are arranged along one side of the floorplan, including a generous primary bedroom positioned near the entrance. The beautifully renovated central bathroom is a standout, featuring a freestanding bath, separate shower, timber-look vanity and modern tiling, creating a calm and stylish space for everyday use.

Outside, the broad backyard offers plenty of lawn for children, pets or future landscaping ideas. Side driveway access leads to secure off-street parking and double garage, with an additional garden shed providing further storage for tools and outdoor equipment.

With natural gas, sewerage and NBN connectivity already available, the home delivers everyday convenience in a location close to Weeroona College, Lake Weeroona, Bendigo Health and the wider amenities of White Hills. Fresh, functional and full of character, this is a home that can be enjoyed from the moment you arrive.

Listing description written by Laurelle Brown, PRD Bendigo — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.