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 › Montrose Rd
3
Bedrooms
1
Bathrooms
4
Car spaces
587 m²
Land
1,151.998 m²
Building
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
No recorded sale price for this property yet.
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.
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 LJ Hooker Pinnacle PropertyThis two storey property incorporates 112sqm of living upstairs plus a 54sqm garage/workshop area under the home. This property oozes storage space as the downstairs area also incorporates separate under house storage accessible via the garage.The home has a lovely entrance point which leads to every room of the house and has plenty of room for displays and storage.The lounge room is large and airy with plenty of sun light beaming through the front and side windows with sight of the River Derwent. The front veranda runs the length of the lounge room and is perfect for admiring the views.The lounge room flows through to the formal dining area and open plan kitchen. The kitchen could benefit from a mini makeover but is still practical and user friendly as is. The laundry leads from the kitchen and has access to the big backyard.Flowing back into the hall you will find three good sized bedrooms all with built in cupboards. Two rooms face the front of house and the master bedroom has two built in cupboards for extra storage... or extra shoes!The bathroom comprises a shower, bath and separate toilet and could too benefit from a make over.Access to the backyard can be achieved by foot via the side of the home. The backyard is simple with little maintenance and has a concreted entertainment area at the back of house.The property is currently tenanted with immaculate tenants at $290.00 per week but they will be vacating at lease end July 2017. For investors, there is potential for increased rent.If you are looking for a well presented family home or investment, please contact Laura to inspect 61 Montrose Road, Montrose.
Listing description written by Stuart Whyment, LJ Hooker Pinnacle Property — reproduced as published, not verified by Districts.