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
$1,435,000
Last sold
14 Mar 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
1,639 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
$1,435,000
14 Mar 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+47.2%
Median sale
Suburb $975,000
-1.04 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 MontroseNestled in one of Montrose’s most prestigious precincts, this exceptionally presented family residence emanates a Queenslander vibe with its semi wrap around deck framed by lush palm trees and idyllic garden surrounds. The lifestyle too is relaxed and carefree with dual living areas, alfresco options and all the essentials and extras that make life comfortable. Bring the family and fall in love with the lifestyle on offer.
The inviting interior showcases rustic exposed beams, easy-care timber look floors and elegant picture windows. A warm and inviting lounge is a focal point as you enter opening to a stunning French Provincial inspired kitchen with slate floors, striking black Falcon dual oven and cooktop, dishwasher and harmonising timber benchtops. The meals zone fills this superbly stylish space large enough to house a huge dining table which could double as further bench space accentuated by pendant lights.
A walk-through laundry off the kitchen connects you to three of four lavishly sized bedrooms positioned off a private hallway all serviced by a family bathroom with corner spa bath. The grand master with walk in robe and ensuite is peacefully located in its own zone at the front of the home along with a study/home office conveniently located adjacent to the entrance.
Downstairs is a coveted second living zone ideal as a rumpus/teen retreat with an adjoining under house storage room. Those with imagination and foresight could see the potential this space could bring if it was converted into an ensuite/powder room.
Complementing the home is a huge double garage currently functioning as a man cave/billiards room – set up for hours of relaxed entertaining with its built-in bar and cosy wood fire heater. Remote panel doors and slate floors means the space can easily also operate as a garage if desired. At the rear of the block there is also a country-style barn shed with wood fire and mezzanine offering further options for vehicle accommodation, living space, studio, gym, guest accommodation or workshop.
A glorious semi wrap-around deck leads to an undercover alfresco area at the rear overlooking lush lawn and mini-orchard with a deluxe cubby. It’s the ideal place to enjoy hosting family and friends, summer barbeques or simply keeping an eye on the kids as they frolic in the leafy backyard.
Further highlights include vast under house storage, rainwater tanks, solar panels, single carport, off-street parking and a fully fenced allotment safe for family pets.
Location wise you are positioned in a rural lifestyle setting yet with easy access to all conveniences including Eastlink. Billanook Primary School is a short drive away and you are also surrounded by many open green spaces, parks and reserves including the much-loved Montrose Playground and a short drive to all that is offered by the Dandenong Ranges and the Yarra Valley. An incredible lifestyle awaits. Don’t delay. Enquire today.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.