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.
$788,000
Last sold
10 Apr 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
870 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
$788,000
10 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $904/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
-19.2%
Median sale
Suburb $975,000
+0.77 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 MontroseSet to the end of a quiet no through road, this red brick beauty greets with the gleam of polished timber underfoot and floor skimming windows that capture the allure of natural light. Framed by a generous block, lush, leafy gardens and walking distance to the village, this is an inviting opportunity for families looking to upsize their outdoor space and start their next chapter in the foothills.
A comfy lounge/dining is perfect for your downtime beckoning you to put your feet up and enjoy the garden glances on show. Separately zoned, the chic kitchen with neutral tones delivers oodles of storage via floor to ceiling cabinetry and a stylish aesthetic with stainless-steel appliances. Mealtime can be enjoyed at the breakfast bench or in the adjacent dining zone.
Bedrooms too are thoughtfully placed with a privately positioned master with ensuite and walk-in robe complemented by two robed bedrooms and a sparkling family bathroom at the back of the home.
From the living zone step out to an all-season deck with café blinds enhancing the ability to entertain year-round and beyond to a paved alfresco hugged by verdant palms and giant birds of paradise emanating a distinct sense of oasis. The backyard is big, lush and perfect for the kids to get off their devices and explore in the fresh air.
Ideally situated close to Montrose Village, Kilsyth, Mooroolbark, Mount Evelyn, Lilydale and all the local conveniences you need you can walk to school, and kindergarten and with a plethora of natural parks close-by, weekend picnics and leisurely strolls are sure to become part of your family’s cherished traditions.
At a Glance:
• 3-bedroom, 2-bathroom low maintenance home on 870 sqm.
• 3 spacious bedrooms, master bedroom complete ensuite, walk in robe and split system.
• The naturally light filled lounge room offers a generous size and easy access via the double doors to the rear yard.
• Kitchen and meals area with stainless-steel appliances, dishwasher and breakfast bar.
• Bedrooms 2 and 3 are located at the rear of the home both including built in robes and are serviced by the family bathroom which includes a separate toilet.
• Gas ducted heating and split system air-conditioning for seasonal comfort.
• Covered deck which is fitted with cafe style blinds and a large, paved area ideal for the summer months.
• The large garden offers a great space for the kids and family pets to enjoy.
• Gated drive through access to a large double garage, ample off-street parking and garden shed.
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 Allan Dowdell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.