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 › Gratten Rd
$750,000
Last sold
10 July 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
870 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
$750,000
10 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $906/m² of land (n=101). 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
-23.1%
Median sale
Suburb $975,000
+0.98 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
UnknownArea
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 MontroseMorning birdsong, a coffee in the sunroom, and a backyard brimming with possibility. Set on approximately 870sqm in a peaceful Montrose pocket at the foothills of the Dandenong Ranges, this charming brick cottage offers the kind of opportunity that gets the imagination working. Comfortable as it stands, yet rich with potential to renovate and reap the rewards, it's a home that invites you to add your own story over time.
Privately positioned amid leafy surrounds, the home has a warmth that feels immediately familiar. Timber floorboards stretch through the L-shaped living and dining area, ready to be polished to their former glory, while large windows invite natural light to wander through the space throughout the day.
At the heart of the home, an updated kitchen keeps things practical with laminate benchtops and stainless steel cooking appliances including a gas cooktop and electric oven. It's perfectly functional for now, giving you the freedom to move in, settle down and plan future updates at your own pace.
Two robed bedrooms are tucked quietly along a hallway and serviced by a central bathroom, while at the rear, a versatile sunroom offers valuable extra space. Home office, second living area, potential third bedroom, hobby room, entertaining zone or perhaps all of the above depending on the season of life you're in.
Outside, the possibilities continue. A separate studio/home office sits amongst the gardens, ideal as a work-from-home space, creative retreat or gym. Beyond, the backyard unfolds as a blank canvas framed by tree ferns, camellias and a leafy hills backdrop visible through the canopy. There's plenty of room for veggie gardens, a firepit, play equipment or the dream entertaining space you've been collecting inspiration for.
Within walking distance of Montrose Village, schools, parks and walking trails, this is a property that combines everyday convenience with a genuine sense of peace. Move in now, improve over time, and enjoy watching both the garden and your investment flourish.
At a Glance:
• Approx. 870sqm allotment in a peaceful Montrose pocket
• Charming brick cottage with exciting renovation potential
• Comfortable to enjoy immediately while updating over time
• L-shaped living and dining zone with timber floorboards
• Updated kitchen with laminate benchtops
• Stainless steel appliances including gas cooktop and electric oven
• Two robed bedrooms
• Central bathroom servicing the accommodation wing
• Versatile rear sunroom for additional living, potential third bedroom, office or entertaining
• Separate studio ideal as a home office or gym
• Large backyard with hills backdrop
• Established tree ferns and camellias providing seasonal colour
• Tandem semi-enclosed carport secured behind a roller door plus ample off-street parking
• Garden shed for additional storage
• Ducted heating, gas wall heater and ceiling fans
• Walk to Montrose shops, cafés, schools, reserves and playgrounds
• Close to Billanook College, Yarra Hills Secondary and public transport
• Easy access to Kilsyth, Croydon, Bayswater and Lilydale amenities
Disclaimer: All information provided has been obtained from sources we believe to be accurate. We accept no liability for any errors or omissions (including but not limited to a property's land size, floorplans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
“Brought to you by Vendor Marketing – Melbourne’s most qualified
vendor advocates – www.vendormarketing.com.au”
Listing description written by Ryan Bell, Bell Real Estate Montrose — 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.