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VIC › Monbulk › Monbulk Rd

513 Monbulk Rd, Monbulk VIC 3793

House

$1,161,000

Last sold

1 June 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

1,483 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,161,000 (1 June 2024).(Recorded sale)
  • FactLand 1,483 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Monbulk (last 5 years) with land size: median $583/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,161,000

1 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Monbulk (last 5 years) with land size have a median of $583/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.

See the full Monbulk report →

Vs Monbulk

+28.3%

Median sale

Suburb $904,750

-0.77 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,161,0001 June 2024
  2. Listedprice unknowncompleted22 May 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Monbulk in one glance

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.

See the full Monbulk report →

Keep researching

  • Why Monbulk? Read the area thesis →
  • What else is on the market in Monbulk →
  • Other records on Monbulk Rd →

Listing material

Listed by Bell Real Estate Belgrave

Bespoke Beauty on Flat 1/3 Acre – Walking Distance to Town

This bespoke beauty arrayed over two levels invites you to experience a world of sophistication and style on a super-sized flat block, walking distance to the Monbulk township. Expertly crafted by its one owner, this charming residence exudes timeless elegance and contemporary sophistication at every turn, with its alluring weatherboard facade and modern interior perfectly fusing classic style with contemporary comforts. With two living areas, a total of five bedrooms, and two bathrooms, the residence offers versatility and functionality to meet the demands of modern family living. A peaceful retreat from the hustle and bustle of city life, you’ll love coming home to this serene sanctuary.

A spacious open plan living and dining area is a fabulous light-filled place of gathering punctuated by a striking kitchen resplendent with stainless-steel appliances and window splashback. Banks of crisp white storage and a butler’s pantry gift a place for everything as striking black stone counters add a timeless flair, whilst an island bench delivers a space for guests to linger long after a shared meal.

Adorned with elegant timber engineered floors and lashings of glass that invite the outdoors in, the space leads to a hearty family room warmed by a wood fire with doors that unify with an all-season deck creating a seamless connection to the picturesque landscape beyond.

Read the full description

A second living area/rumpus offers flexibility for growing families and also connects to the deck offering fabulous flow for those who love to entertain.

The whole family can converge on the all-season decking, congregating with friends by the bar with moody dimmer lights offering the perfect setting for alfresco dining and entertaining. A patio with crazy paving and lush gardens brimming with an ornamental pear tree and giant birds of paradise serve as a picturesque backdrop for warm summer nights. Beyond, the expansive bush-style grounds attract an abundance of birdlife, and provide endless opportunities for outdoor enjoyment and recreation, a garage (STCA) and plenty of parking for cars, boats, trailers or caravans.

Upstairs, four generously sized attic-style bedrooms offer sanctuary and seclusion, each fitted with plush carpeting and ample storage space along with a family bathroom with zoned rooms for functionality. The king-sized master suite, sequestered on the ground floor, delivers a private retreat for the heads of the house and boasts a lavish walk-through dressing room to a chic ensuite bathroom, providing a blissful haven for rest and relaxation.

Its privileged setting is walking distance to the heart of Monbulk known for its fresh produce, café culture and vibrant community spirit along with an Aldi and Woolworths. Monbulk Primary School, Monbulk College, the Aquatic Centre, world renowned gardens including the Dandenong Ranges Botanical Gardens, Cloudehill, and Sassafras Creek Walk are all a short drive away.

At a Glance:

• 5 bedroom, 2 bathroom, split level home is situated on third of an acre (1483m2).

• This stunning character home was built in 2016

• Caesarstone kitchen with stainless-steel appliances and butler’s pantry.

• Two separate living areas both that flow to a rear all season deck with a bar ledge.

• Open plan family meals and kitchen.

• Master with ensuite and walk in robe on the ground floor.

• 4 bedrooms and a zoned family bathroom upstairs.

• Split system air-conditioning and wood fire for seasonal comfort.

• Ceiling fans in every room.

• Zoned entrance to insulate and retain heat.

• Powder room on the ground floor.

• 30m2 of attic storage accessible via attic ladder.

• Rainwater tank (grey connection to toilets).

• 5 star energy rating.

• Huge allotment with rear access and ample off-street parking.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Bryce McLean, Bell Real Estate Belgrave — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.