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 › Sheffield Rd
$1,140,000
Last sold
4 Dec 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
875 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
$1,140,000
4 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $904/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
+16.9%
Median sale
Suburb $975,000
-0.47 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
UnknownVictoria 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.
Area
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 MontroseWe are now running open for inspections however in accordance with Victorian Government requirements only fully vaccinated people will be able to attend Open for Inspections. Attendees must check in via a QR code and provide evidence of being fully vaccinated prior to entry. If you are unvaccinated please contact the agent to arrange a private inspection.
This substantial and fully renovated family home promises a peaceful existence perfect for those seeking a change of pace and enough room for all the family whether it’s extended, in-laws or adult children who are yet to fly the coop with the incredible under-house self-contained zone. Step inside and soak up the ambience of this elegantly renovated residence where rich polished floorboards and crisp white plantation shutters combine for timeless appeal with the added allure of a hearty ornamental fireplace and generous alfresco deck for all-season entertaining. The home on a lavish corner allotment of 875m2 is positioned in the prestigious Sheffield Road precinct of Montrose with easy access to all conveniences including Billanook Primary School, Montrose Village, Montrose Adventure Playground and a short drive to all that is offered by the Dandenong Ranges and the Yarra Valley.
• The upper level is comprised of an elegant family room with striking ornamental fireplace and chic barn doors creating a comfortable haven for time-out and relaxation.
• An adjacent dining area connects with the stunning stone kitchen with tiled splash back and a suite of Miele stainless steel appliances flowing outdoors via large glass sliders.
• Effortless entertaining has been kept top of mind with the expansive deck emanating from the meals zone. Host friends and family for quiet weekend barbeques or large-scale soirees. Alternatively enjoy the quiet sanctuary capturing tranquil outlooks across the greenery.
• When it’s time for rest the accommodation zone positioned off a gleaming hallway features three robed bedrooms all with chic plantation shutters and two stylishly renovated bathrooms each dripping with luxury in their own distinct style.
• Downstairs is a private self-contained wing housing a step-down bedroom, chic renovated bathroom, sunroom/sitting area, kitchen and living area with arched window seats and exposed brick feature wall. Perfect for use as a living quarters for teens, in-laws or Airbnb, it can be accessed privately via the garage or by French doors to the garden.
• Encasing the home are well-established gardens with something for every age and stage including terraced alfresco zones under the watch of towering palm trees. Kids will love frolicking on the lush lawn, party the night away on the Magnolia framed deck and/or paved terrace and there’s an abundance of magical spots to sit and relax or potter in the sunshine.
• Additional highlights include ducted heating, evaporate cooling and split systems for comfort throughout the seasons, remote double garage, a second driveway entrance (great for tradies!) and under house cellar.
Insider’s Secret: Just 850m away is Hahndorf’s Chocolates. Enjoy a coffee or a milkshake (don’t forget the free chocolate) and burn it all off at the adjacent playground or at one of the beautiful walking trails at your doorstep.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.