Montmorency at a glance
9,482
People
$1,120,000
Median sale
$574/wk
Median rent
2.67%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
VIC › Montmorency › Airlie Rd
$1,340,000
Last sold
19 Dec 2024
6
Bedrooms
2
Bathrooms
2
Car spaces
1,358 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
$1,340,000
19 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Montmorency (last 5 years) with land size have a median of $1,549/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Montmorency at a glance
9,482
People
$1,120,000
Median sale
$574/wk
Median rent
2.67%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Montmorency
+19.6%
Median sale
Suburb $1,120,000
-0.44 pp
Gross yield
Suburb 2.67%
Suburb median $1,120,000 from 41 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 $574/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
Montmorency at a glance
9,482
People
$1,120,000
Median sale
$574/wk
Median rent
2.67%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jellis Craig ElthamEXPRESSIONS OF INTEREST CLOSING THURSDAY 19TH DECEMBER AT 6PM (UNLESS SOLD PRIOR)
A highly desirable location in a peaceful yet connected pocket and warm and welcoming living, entertaining and accommodation spaces across two substantial levels. Harness all these brilliant elements and create a richly rewarding future in your own time frame with this wonderfully appealing home on an enormous 1358m2 allotment. (approx.)
Cherished by our vendors for just over three decades, new owners will relish the bespoke craftsman touches in an interior introducing six bedrooms, two bathrooms, an original and efficient timber kitchen, a meals area, a ground-floor lounge and a first-floor rumpus/retreat. Adding to the appeal are alfresco areas, a pool and a versatile workshop/studio/home office.
Astute buyers with an eye for value and a vision for the future may look to enhance the current spaces with a cosmetic update, then when time and budget allow, make an impressive statement on the streetscape with a high-impact renovation or even design and construct their dream family home (stca) Alternatively, they may explore options to bring new life to this well-addressed site with the sort of prestige townhouse development that is appearing all around (stca)
Enjoy city views and a location to envy, it's a short walk to schools, parks, and the station and all the shopping, dining, café and entertainment options of bustling Were Street, and within easy reach of the centre of Greensborough and the heart of Eltham.
Listing description written by Matt Dougan, Jellis Craig Eltham — reproduced as published, not verified by Districts.