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.
VIC › Monbulk › Invermay Rd
$1,250,000
Last sold
30 May 2025
3
Bedrooms
2
Bathrooms
5
Car spaces
14,568.683 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
$1,250,000
30 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $587/m² of land (n=127). 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.
Vs Monbulk
+38.2%
Median sale
Suburb $904,750
-0.96 pp
Gross yield
Suburb 3.48%
Suburb median $904,750 from 30 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 $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
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
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 Barry Plant EmeraldEvery now and then, a property comes along that simply takes your breath away - and 43 Invermay Road is one of those rare gems. Tucked away on a sealed road in one of Monbulk's most tightly held pockets, this remarkable 3.6-acre estate delivers the kind of lifestyle that many dream of, but few ever find.
Set entirely on flat, sun-drenched land, this property is a sanctuary of open space, privacy, and panoramic beauty. The gardens are truly something special - manicured lawns roll gently across the block, framed by magnificent, established trees bursting with vibrant autumn colour. From almost every angle, your eyes are drawn to the sweeping views of the surrounding mountains, creating a constant and ever-changing backdrop that is nothing short of spectacular.
The home itself is full of character and warmth. While modest in its current form, it is beautifully positioned to take in the best of the views and offers a layout that invites you to settle in and enjoy. Inside, you'll find three oversized bedrooms, a welcoming lounge warmed by a crackling wood fire, and an updated stone kitchen that brings modern style to the heart of the home. Sliding doors open to a covered, decked entertaining area - the perfect spot for lazy Sunday brunches, long afternoon catch-ups, or simply watching the kids and animals roam freely across the expansive lawn.
Though the house requires structural works, it remains fully livable, allowing you to move in, enjoy the lifestyle, and take your time envisioning and creating your dream home on this extraordinary block.
Adding even more to this property's appeal is a second driveway that leads directly to a large shed with concrete floor and 3-phase power. Adjoined to the shed is an expansive music studio - a brilliant space that has previously been used as a professional recording studio, but would also make an ideal home office, entertaining area, or creative retreat.
Just a short stroll from the thriving township of Monbulk, you'll have easy access to everything you need - local cafés and restaurants, Woolworths, ALDI, schools, doctors, sports grounds, and more. Yet here, at home, it feels like a peaceful world of your own.
This is more than a property - it's a once-in-a-generation opportunity to secure one of the most usable and picturesque blocks in the Dandenong Ranges. Whether you choose to renovate, rebuild or simply enjoy the lifestyle as is, one thing is certain: you won't find another one quite like it.
Listing description written by Riley Nicholas, Barry Plant Emerald — reproduced as published, not verified by Districts.