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VIC › Sydenham › Montrose Ct

U1, 8 Montrose Ct, Sydenham VIC 3037

For saleHouse

$600,000–$650,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

4

Car spaces

475 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $600,000–$650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $600,000–$650,000(Listing record · 18 Aug 2026)
  • FactLand 475 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Sydenham (last 5 years) with land size: median $1,307/m² of land (n=58). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 21% below the Sydenham median recorded sale ($760,000, n=65, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sydenham's advertised median rent ($502/wk), implied gross yield would be 4.35% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$600,000–$650,000

Asking range · $1,263/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Sydenham (last 5 years) with land size have a median of $1,307/m² of land (n=58). Districts calculation from recorded sales — not a valuation.

Sydenham at a glance

10,904

People

$760,000

Median sale

$502/wk

Median rent

3.43%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Sydenham report →

Vs Sydenham

-21.1%

Median sale

Suburb $760,000

+0.92 pp

Gross yield

Suburb 3.43%

Suburb median $760,000 from 65 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$600,000
Stamp Duty (Victoria)
$31,070
Transfer/Registration Fee
$1,508
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$636,278

$36,278 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Sydenham's advertised median rent — not a rent for this listing.

Net yield
2.85%
Annual cashflow (pre-tax)
$-14,096
Interest cover (DSCR)
0.55
Annual rent
$26,104
Operating expenses
$9,000
Loan amount
$480,000
Annual interest
$31,200
Gross yield
4.35%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$600,000–$650,000available18 Aug 2026

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

Capital growth

VIC

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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $502/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. 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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • 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

Sydenham in one glance

Sydenham at a glance

10,904

People

$760,000

Median sale

$502/wk

Median rent

3.43%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Sydenham report →

Keep researching

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

Listing material

Listed by Professionals Taylors Lakes

Charming Character, Unbeatable Convenience

OPEN TO OFFERS PRIOR TO AUCTION!

Filled with charm and character, this beautifully presented home offers a fantastic opportunity for first home buyers, young families, downsizers or astute investors seeking a quality property in an incredibly convenient location. Neat, complete and ready to move straight into, it combines comfortable living with a low-maintenance lifestyle on an impressive 475m² (approx.) allotment.

Step inside and you'll immediately appreciate the warmth and character throughout, with three generous bedrooms, each featuring built-in robes. The master bedroom is particularly impressive, complete with a full ensuite featuring a relaxing spa bath, while sliding doors provide direct access to the private courtyard.

Read the full description

The generous lounge room creates a welcoming first impression, enhanced by an open fireplace and beautiful French doors, while the bright kitchen offers ample cupboard storage and stainless-steel appliances. The kitchen flows effortlessly into the open meals and family living area, creating a practical space for everyday family life and entertaining. Ducted heating, a ceiling fan and fresh paint throughout further enhance the home's comfort and presentation.

Outside, the property truly sets itself apart with an impressive four-car lock-up garage, complete with convenient access through to the covered pergola and entertaining area. Whether you're looking to accommodate multiple vehicles, a boat, caravan or simply need an abundance of secure storage, this is a feature rarely found in such a convenient location. The covered pergola provides the perfect setting for entertaining family and friends all year round, while the generous backyard offers plenty of flexibility.

Set within a quiet court and surrounded by an abundance of amenities, the location is every bit as impressive as the home itself. Watergardens Shopping Centre is nearby, offering an extensive selection of retail, dining, supermarkets, services and everyday conveniences, while Watergardens Railway Station provides excellent public transport connections. The surrounding area is also well serviced by local bus routes.

Families will appreciate the selection of nearby schools and educational facilities, while childcare facilities, medical services, local shops, parks and reserves are all within easy reach.

For commuters, easy access to major arterial roads and the Calder Freeway makes travelling throughout Melbourne's north-west and towards the CBD convenient, with Watergardens providing a major retail and transport hub for the surrounding community.

With its character-filled interiors, generous landholding, four-car lock-up garage with rear access to the covered pergola, excellent entertaining options and superb position, this is a home that delivers an exceptional combination of space, convenience and lifestyle.

Don't miss your opportunity to secure this wonderful property in one of Sydenham's most convenient pockets. Enquire today.

Listing description written by Deen Zane, Professionals Taylors Lakes — reproduced as published, not verified by Districts.

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Districts

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

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