515-517 Sheffield Road, Montrose, VIC 3765 | Property Value & History | OnTheHouse
OFF MARKET

515-517 Sheffield Road
Montrose VIC 3765

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 9713m2
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Property Details for 515-517 Sheffield Rd, Montrose

Building Type
Rural
Year Built
1980
Land Size
9713m2
Local Government
Yarra Ranges
Lot/Plan
1/LP212177

Last Listing description (June 2023)

OFFERS CLOSING Mon 27th Feb 5:00pm

Available for the first time since its inception, this beautiful property, surrounded by mature trees and gardens, is the perfect place to call home - no matter what your dream looks like.

Valhalla, set on 2.4 acres (approx), you could reside in the comfortable family home while you plan and build your new dream residence, tennis court, pool, a multi-generational property, or you could consider subdividing the property into two (STCA).

The homestead is a place of warmth and comfort; highlighted by tall ceilings, sash windows, hardwood floorboards and an array of tasteful contemporary touches. It is introduced by a spacious lounge and dining room with a Coonara heater, which rests alongside a modern country kitchen with stainless steel appliances.

A versatile playroom or study caters to kids or home-based workers and it opens to a deck to soak in the property's serenity and sunsets.

This property was successfully run for many years as a boutique agistment property and was home to up to six dressage and show horses at a time. With existing facilities including:

4 fully equipped stables - 6 paddocks
Well drained small training arena - ready for the surface of your choice
Undercover extended float storage
Tack room and hay shed
Sawdust storage

You can make this much-loved property your own and have your horses on your doorstep. Well located and situated in a quiet part of Montrose, it's only 20 minutes from Ringwood, Knoxfield and central to the Yarra Valley, and offers easy access to public transport and freeway links to the CBD and South East suburbs.

This beautifully landscaped property is the perfect place to call home.

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 515-517 Sheffield Rd, Montrose, VIC 3765

A timeline of how this property has performed in the market
Last Sold
$1,350,000
28 Feb 2023
  • 28 Feb 2023
    Sold for $1,350,000
  • 08 Nov 2022
    Listed for Sale OFFERS CLOSING Mon 27th Feb 5:00pm
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About Montrose 3765

The size of Montrose is approximately 11.1 square kilometres. It has 15 parks covering nearly 26.7% of total area. The population of Montrose in 2016 was 6761 people. By 2021 the population was 6900 showing a population growth of 2.1% in the area during that time. The predominant age group in Montrose is 40-49 years. Households in Montrose are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montrose work in a trades occupation.In 2021, 87.80% of the homes in Montrose were owner-occupied compared with 85.30% in 2016.

Montrose has 2,808 properties. Over the last 5 years, Houses in Montrose have seen a 21.35% increase in median value, while Units have seen a 5.02% increase. As at 31 December 2025:

  • The median value for Houses in Montrose is $999,101 while the median value for Units is $696,142.
  • Houses have a median rent of $665 while Units have a median rent of $445.
There are currently 7 properties listed for sale, and no properties listed for rent in Montrose on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Montrose.

Suburb Insights for Montrose 3765

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.