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.
VIC › Montrose › Stephen Ave
$870,000
Last sold
12 Dec 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
1,008 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
$870,000
12 Dec 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Montrose (last 5 years) with land size have a median of $906/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
-10.8%
Median sale
Suburb $975,000
+0.39 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 MontroseSome homes feel instantly familiar - the kind that signal comfort, warmth, and the promise of new memories from the moment you arrive at the charming white picket fence. Overflowing with 1940s character - original sash windows, hardwood floors, high ceilings, cornices, and picture rails - this weatherboard sweetheart offers cosy authenticity with a practical and family-friendly layout.
Inside, there’s a sense of calm and flow that encourages slow living. The front lounge embraces winter evenings with an open fireplace, crackling away against the backdrop of polished timber and heritage detailing. The chic kitchen ties old and new together beautifully, with a 900mm stainless-steel cooker, and breakfast bar for casual eats. The home’s second living zone is an airy, light-filled space with bifold doors that open fully to the all-season deck.
This deck really is the Sunday sanctuary: covered for year-round alfresco dining, bird listening, hot cuppas, and barefoot lounging. Step down to deep green lawn shaded by established trees - the perfect playground for little legs, dogs, cartwheels, backyard cricket, or simply stargazing after dark. There are veggie patches along the side ready for tomatoes, herbs, and edible dreams, plus a bungalow at the rear offering brilliant flexibility: teen hangout, studio space, hobby den, home office - even a quiet winter reading room with a combustion wood fire.
Accommodation includes three well-positioned bedrooms, with the master peacefully placed at the front. The bathroom is functional and honest - completely serviceable now and totally makeover-ready when the creative itch strikes.
And the lifestyle? This location really knows how to deliver. You’re a short stroll to Montrose Village for coffee, supplies, parks, and weekend ambling. Or take an easy 10-minute walk via the back streets to the Adventure Playground, followed by a treat from Hahndorf’s Fine Chocolates - a family ritual in the making.
This home may be compact, but the block is supersized, with heart, heritage, and the kind of yard that invites outdoor living.
At a Glance:
• Character-filled 1940s weatherboard with original sash windows, hardwood floors, high ceilings, dado panelling & decorative cornices
• Three-bedroom, one-bathroom layout with two separate living areas
• Front lounge with open fireplace for atmospheric winter warmth
• Rear living area with built-in cabinetry and bifold doors connecting to all-season deck
• Large 1003m² (approx) allotment - generous backyard with established trees & lush lawn
• Covered deck for year-round entertaining; steps down to deep, usable gardens
• Bungalow at rear with combustion wood heater - ideal for office, teens, or creative use
• Veggie patches for home-grown produce lovers
• 900mm stainless-steel stove/oven & breakfast bar for casual eating
• Ducted heating, split system & ceiling fans for climate comfort
• Secure 4.1x7m carport with rear yard access + ample driveway parking
• Walking distance to Montrose Village, Adventure Playground & Hahndorf’s Fine Chocolates
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.