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.
$1,050,000
Last sold
12 July 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
865 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
$1,050,000
12 July 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
+7.7%
Median sale
Suburb $975,000
-0.23 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
UnknownArea
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 MontroseOriginally constructed with family living in mind and meticulously updated to suit the modern era, this celebrated, and artfully renovated home set against a hills backdrop delivers designer style and turnkey living at its finest so you can simply move in and enjoy the leafy Montrose lifestyle. A harmonious blend of comfort and sophistication on a lavish 865 square metre parcel of land, the stunning property in a quiet court promises a serene retreat for families looking to establish their roots in a tranquil setting.
Upon entering, you are greeted by a warm, earthy palette with rich timber accents and stone features, setting a striking, yet welcoming tone throughout the home. The spacious lounge and dining area, crowned with soaring raked ceilings and a roaring Coonara wood heater, provides the perfect space for family gatherings or to unwind in style.
A fabulous family floorplan unfolds within the heart of the home where a sublime Caesarstone kitchen overlooks the bright family room with built-in entertainment unit. Catering to the epicurean, the stunning culinary space is well equipped with stainless-steel appliances, chic mirrored splashback, premium gas cooktop, and electric oven, alongside banks of sleek cabinetry. Making a grand statement, a communal island under pendant lights is where family will gather for conversation with the chef, coffee chats and casual eats.
The domain opens to a sun-kissed gardenscape; a child's paradise and entertainer's delight, fully landscaped with both play and social areas including lush lawn, a sandpit, dedicated play zone, gazebo, firepit and built-in barbeque for entertaining ease. Not just an outdoor space; it's a lifestyle, where every thoughtful element is designed to create memorable moments and cater to every family member.
Additionally, the property features an impressive storage shed/studio/man cave or teen hangout, as well as a four-car carport with an extra high ceiling and incredible roof storage space complete with yellow tongue flooring, that welcomes you home and shapes an impressive presence
Your new life in Montrose…
You will find yourself within an easy stroll or short drive of the friendly Montrose village, where you can dine at the local cafes, pick up your supplies from the IGA or enjoy eateries or chic boutiques. Take a walk in the nearby National Park or a walk around the lovely neighbourhood, there is always a friendly face in the area. Within easy drive of the Yarra Valley and Dandenong Ranges, central to schools including Ghilgai Steiner School, Billanook Primary, St Richards Primary and Montrose Primary and a bus stop a short walk away. This family home is the epitome of suburban elegance combined with the ultimate lifestyle convenience.
At a Glance:
• 4-bedroom, 2-bathroom fully renovated home on 865m2.
• Located in a quiet court location and on a flat, secure block with plenty of off-street parking for cars, trailers, and boats.
• Earthy palette with timber accents, exposed stone, engineered floors and designer lighting throughout.
• Large lounge and dining area with soaring raked ceilings and Coonara wood heater.
• Sublime Caesarstone kitchen overlooking family room with stainless-steel dishwasher, gas cooktop, electric oven, island waterfall bench and plenty of cupboard space.
• Light and bright family room with built-in storage feature wall and access to the garden.
• Master bedroom with walk in robe and full ensuite.
• Three other bedrooms plus large fully tiled bathroom with luxe deep soak bath and monsoon shower and a powder room.
• Great size laundry with enviable wall of storage.
• Ducted heating and evaporative cooling for seasonal comfort.
• Fully landscaped rear yard with play and entertaining space.
• Large storage shed/man cave located at rear of yard with concrete floor.
• Four car carport with extra high ceiling height and attic storage accessed via inbuilt ladder.
• Concrete aggregate driveway and merbau gates that lead to the rear.
• Rainwater tank.
• Walking distance to Montrose Primary School and the Montrose Village.
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 Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.
Victoria 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.