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SA › Netherby › Montrose Ave

7 Montrose Ave, Netherby SA 5062

House

$2,390,000

Last sold

12 Oct 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

1,377 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,390,000 (12 Oct 2024).(Recorded sale)
  • FactLand 1,377 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Netherby (last 5 years) with land size: median $2,227/m² of land (n=22). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,390,000

12 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Netherby (last 5 years) with land size have a median of $2,227/m² of land (n=22). Districts calculation from recorded sales — not a valuation.

Netherby at a glance

1,502

People

$1,715,000

Median sale

$604/wk

Median rent

1.83%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Netherby report →

Vs Netherby

+39.4%

Median sale

Suburb $1,715,000

-0.52 pp

Gross yield

Suburb 1.83%

Suburb median $1,715,000 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,390,00012 Oct 2024
  2. Listedprice unknowncompleted25 Sept 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $604/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Netherby in one glance

Netherby at a glance

1,502

People

$1,715,000

Median sale

$604/wk

Median rent

1.83%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full Netherby report →

Keep researching

  • Why Netherby? Read the area thesis →
  • What else is on the market in Netherby →
  • Other records on Montrose Ave →

Listing material

Listed by Toop & Toop Norwood

Family Living at its Best

Auction Location: On Site

Sited on some 1,377 square metres of prime land, this grand home with a sparkling in-ground swimming pool offers a brilliant lifestyle for the active family.

The home offers four double bedrooms, all with built-ins, plus three living rooms and two bathrooms.

Read the full description

A huge outdoor entertaining alfresco and a brilliant cellar make this home the perfect entertainer, no matter the time of year.

Sited on the high side of the street, the wide frontage with elegant front fence gives the home immense street appeal.

The wide paved driveway gives direct access into the double garage which is under the main roof for security and convenience.

The well- equipped kitchen with solid benchtops and pantry overlooks the alfresco area and a spacious family room. Picture windows offer views through to the large landscaped rear yard where the centre of attention is a family-sized tiled swimming pool.

A spacious formal lounge and dining room grace the entrance to the home.

On the lower floor, the master bedroom suite incorporates a bright ensuite bathroom with marble tops and a dressing room, plus the fourth bedroom which could also lend itself to be used as a home study with double doors providing a separate entrance.

A huge rumpus room with storage is adjacent the kitchen. This room would accommodate a full-sized billiard table, or just use it as a separate play room for the kids.

A large lockable cellar with easy staircase is the ideal place to store your valuable wine collection. Equipped with extensive racking, shelving and benchtops, it will suit the most avid wine collector.

The upper level of the home incorporates two double bedrooms, both with built-ins and a balcony with elevated views to the landscaped rear yard and pool.

An 11.16kw solar array will help keep power bills to a minimum.

NBN fibre to the premises (FTTP) internet connection assures fast internet speeds.

Location is key, and this home is perfectly positioned. It is within close proximity to prestigious private schools such as Mercedes College, Seymour College, Scotch College and Walford. It is also zoned for Unley High School, which now offers the highly sought-after IB Qualification.

For those who enjoy the outdoors, the home is close to beautiful parks and bush walks in the foothills of Adelaide. It is also conveniently located near public transport corridors and offers easy access to the South Eastern Freeway.

Peter and Glenn McMillan look forward to helping you with your enquiries.

Listing description written by Peter McMillan, Toop & Toop Norwood — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Courtyard
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.