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.
$1,495,000
Last sold
13 Nov 2018
4
Bedrooms
3
Bathrooms
2
Car spaces
6,333 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
$1,495,000
13 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $905/m² of land (n=102). 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
+53.3%
Median sale
Suburb $975,000
-1.13 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 MontroseOriginally known as Sheffield Lodge, this iconic weatherboard residence sits elegantly within its expansive 1.5 acres and has been lovingly maintained with glorious character features making it a one of a kind property in this much sought-after locale. Originally part of the old Lewis Road/Sheffield Road lemon orchard estate, the home combines the grace and style of yesteryear with all the comforts of modern living offering a unique lifestyle opportunity for a family looking for their forever home.
Meander slowly up the long drive framed by majestic pin oaks, pines and cypress and you will start to see why this unique property presents a rare opportunity to own your own secluded foothills retreat. Pause at the circular turnaround before strolling over the bridge to the gazebo and take in the Spring time views that the lush manicured gardens showcase. Summer, Autumn and Winter all offer a different vista and only the lucky new owners will get to experience the bursts of colour and breathtaking changes that occur amongst the seasons.
Sprawled over two light-filled levels, the magnificent home has soaring ceilings, wide sash windows and a stunning spiral staircase as a centrepiece. Every room is drenched in natural light and has serene garden vistas from every angle creating a home that is a truly inspiring place to create lasting family memories. Highlights include gourmet kitchen with stone benchtops and Miele appliances adjoining a casual meal zone. This is a place for family to congregate around the island bench or enjoy a morning brew at the breakfast bar before enjoying brunch on the verandah. Additionally, there is a grand formal lounge with open fire place perfect for your down-time and atrium style living room providing a coveted second living zone for the kids to fire up the PlayStation or hang with friends.
The accommodation comprises three spacious bedrooms downstairs with one benefiting from a renovated ensuite and walk in robe perfect for teens, adult children, in-laws or guests. A beautifully updated central bathroom with deluxe claw foot bath services the remaining bedrooms. Upstairs the master retreat is gifted with enviable views, decadent ensuite, walk in robe, timber plantation shutters and enchanting French doors leading to a private verandah. Also on this level is a spacious study/home office or parents retreat offering leafy tree top vistas perfect for inspiring creativity or simply daydreaming.
The magical outdoor spaces begin with the grandiose verandah reminiscent of a bygone era where you can dine alfresco or simply sit, relax and soak up the sounds of nature as your soundtrack. In the warmer months you can enjoy the sparkling salt chlorinated solar heated pool, relax under one of the magnificent trees with your favourite book or enjoy a picnic in the picturesque grounds. The grounds themselves need to be seen to be appreciated but noteworthy is the extensive work undertaken to create a spacious flat and usable lawn area which is a rare find in this location. Backyard cricket challenges on Christmas Day, large-scale social gatherings and even weddings with a dreamy view are all yours to enjoy.
The original packing shed from the lemon orchard still proudly stands and has benefited from a modern makeover with a lift roller door for secure storage or dual vehicle parking. The other side of the shed has been converted to a rumpus zone and with its rustic barn doors and views of the pool it also makes the perfect bar, man-cave or she shed depending on your lifestyle needs.
The many additional features of this impressive property include hydronic heating, three x split systems and ceiling fans for seasonal comfort, plush wool carpets, quality window furnishings, CCTV alarm system, SepTech Wastewater System, secure dog run, two driveway entrances, light up driveway and an abundance of off-street parking for multiple cars, trailers, caravans or boats.
All this could be yours, but 5 Lewis Road truly needs to be seen to be appreciated as words simply do not do this unique property justice. Homes like this come on the market once in a lifetime. Do not miss out on your slice of Montrose history. Enquire today.
Listing description written by Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.