Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$595,000
Last sold
4 Nov 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
779 m²
Land
125 m²
Building
Districts View
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
$595,000
4 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $928/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Montrose at a glance
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Montrose
-15.0%
Median sale
Suburb $700,000
+0.75 pp
Gross yield
Suburb 4.29%
Suburb median $700,000 from 15 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
TASPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $577/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. Nearby development applications are not loaded for this property. 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
UnknownNearby development applications are not loaded for this property.
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
2,188
People
$700,000
Median sale
$577/wk
Median rent
4.29%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by 4one4 Property Co.Welcome to 521 Main Road Montrose, a stunning brick beauty built in 1951 that perfectly blends mid-century charm with modern updates.
As you approach, you'll notice the attractive street appeal with established gardens and a striking timber feature at the front entrance.
Step inside to discover polished hardwood floors, elegant ceiling roses, and original sash windows that showcase the home's classic post war character. The interior has been recently repainted throughout and features new carpet in the bedrooms, creating a fresh and inviting atmosphere.
With three spacious double bedrooms, each equipped with built-in wardrobes, you'll find ample space for your family and storage needs. The accommodation for the home is serviced by a light and bright three-piece white bathroom suite and a separate laundry for added convenience.
Enjoy the large open-plan living areas, heated by either a cozy fireplace or a Daikin heat pump, ensuring year-round comfort. The kitchen is practical in design with a generous pantry, ample cupboard space, and a dishwasher, making meal preparation a breeze.
Leading from the dining area, step outside to the lovely covered deck, perfect for outdoor entertaining and enjoying the fresh air with family and friends.
The large backyard is fully fenced and beautifully landscaped with pretty gardens, plus a shed for additional storage. With off-street parking for 3+ vehicles and a carport with a secure roller door, you'll have plenty of space for your cars, trailers, boats or caravans.
Located just across the road from the locally adored Rosetta Bakery and IGA and within walking distance to the Glenorchy shopping hub, you'll have all your conveniences close at hand, plus, with a choice of local schools nearby and only 15 minutes to Hobart's CBD, this location truly offers the best of both worlds.
Don't miss the opportunity to make this charming mid-century home yours. Contact Marilyn today to schedule a viewing and experience all that 521 Main Road has to offer.
Disclaimer:
All care has been taken by 4one4 Real Estate and 4one4 Media House when compiling the marketing material and information in this presentation. We cannot guarantee the accuracy of any measurement or details supplied in this advertisement and make no representation or accept any responsibility for the whole or part of this advertisement.
The particulars contained in this advertisement do not form any contract. We recommend that any interested parties should have the information independently verified and make their own enquires to satisfy themselves in all respects.
All photos, video and marketing material remain the property of 4one4 Media House, a division of 4one4 Real Estate, and are not to be downloaded and used for any purpose without the express consent and written permission of 4one4 Real Estate.
Listing description written by Marilyn Rooney, 4one4 Property Co. — reproduced as published, not verified by Districts.