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.
TAS › Montrose › Herbert St
$466,000
Last sold
4 Dec 2020
3
Bedrooms
1
Bathrooms
4
Car spaces
926 m²
Land
162 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
$466,000
4 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $927/m² of land (n=61). 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
-33.4%
Median sale
Suburb $700,000
+2.15 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 Harcourts Signature New TownIf you have been waiting for the perfect opportunity to join the market, wait no more. 6 Herbert Street in Montrose is sure to attract the eye.
Built in 1954 and having stood the test of time, this home features polished wooden floorboards from the front door through to the formal living & dining area. This large room is the centre point of the home, with a beautiful Saxon wood fireplace along with an elegant dining area that features unique large wrap around windows, giving the room plenty of natural light throughout the day.
Making your way through to the kitchen last updated ten years ago. This room offers great scale for sharing meals and features a Bellini gas stove cooktop with a large oven underneath. In addition, there is also an abundance of cupboard and bench space on offer. If you wish, there is plenty of room to add an island bench and further utilise more of the space, however it is sure you will never run out of room whilst cooking up a storm in this kitchen.
There are three bedrooms throughout the property, all are roomy with the master enjoying built-in robes that blend well with the natural tone of the room. Two of the bedrooms are carpeted with the other enjoying the polished wooden flooring featured in the other areas of the home.
The spacious updated bathroom has a large shower and has been freshly painted to work together with the modern tile flooring that combined give off a stylish finish. A separate toilet is adjacent.
The home is heated and cooled throughout by two Fujitsu reverse cycle heat pumps with an amazing Saxon wood fire in the living area. The property has also been fully re wired.
Set on an impressive 926m2 block outside there is even more to enjoy with the bonus of a large 13m x 5m garage that has also been converted into a sensational mancave with its own power and Panasonic heat pump. There is also plenty of gardening space and lawned area to enjoy outside.
On top of all this, how would you like to own your own piece of movie history with this property appearing in the 1998 Richard Flanagan directed, "The Sound of One Hand Clapping."
The opportunity to purchase this home acts as an exceptional investment opportunity with huge scope to add value. Call Nick Cowley from Harcourts Signature today to ensure you do not miss out!
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. All time frames and dimensions are approximates only.
Listing description written by Nick Cowley, Harcourts Signature New Town — reproduced as published, not verified by Districts.