Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Narre Warren North › Malanie Cl

1-2 Malanie Cl, Narre Warren North VIC 3804

For saleHouse

$2,350,000–$2,580,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

4

Car spaces

4,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,350,000–$2,580,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,350,000–$2,580,000(Listing record · 24 June 2026)
  • FactLand 4,000 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Narre Warren North (last 5 years) with land size: median $907/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 52% above the Narre Warren North median recorded sale ($1,550,000, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narre Warren North's advertised median rent ($571/wk), implied gross yield would be 1.26% — 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

$2,350,000–$2,580,000

Asking range · $588/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Narre Warren North (last 5 years) with land size have a median of $907/m² of land (n=66). Districts calculation from recorded sales — not a valuation.

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Vs Narre Warren North

+51.6%

Median sale

Suburb $1,550,000

-0.66 pp

Gross yield

Suburb 1.92%

Suburb median $1,550,000 from 34 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
$2,350,000
Stamp Duty (Victoria)
$132,750
Transfer/Registration Fee
$3,614
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
$2,490,064

$140,064 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 Narre Warren North's advertised median rent — not a rent for this listing.

Net yield
-0.24%
Annual cashflow (pre-tax)
$-127,758
Interest cover (DSCR)
-0.05
Annual rent
$29,692
Operating expenses
$35,250
Loan amount
$1,880,000
Annual interest
$122,200
Gross yield
1.26%

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$2,350,000–$2,580,000available24 June 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 $571/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 1.3%. 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

Narre Warren North in one glance

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Keep researching

  • Why Narre Warren North? Read the area thesis →
  • What else is on the market in Narre Warren North →
  • Other records on Malanie Cl →

Listing material

Listed by Area Specialist Alistair Boyle

The Brief: A Private One Acre Resort Lifestyle with Indoor Pool, Grand Entertaining & Four Car Garage

Its Addressed:

1-2 Malanie Close, Narre Warren North

Set privately within one of Narre Warren North’s most peaceful and prestigious pockets, this magnificent one acre lifestyle property delivers the space, scale and luxury families dream of.

Read the full description

Complete with sprawling grounds, multiple living zones, grand outdoor entertaining, a four car garage and an extraordinary indoor heated pool and spa pavilion.

From the moment you arrive, the home makes an unforgettable first impression. A sweeping driveway, automatic sliding gate, expansive front lawns and full length verandah create a true estate style welcome, while the freshly painted interiors, high ceilings, polished floorboards and natural light give the residence a warm and elegant sense of space throughout.

Designed for large families and those who love to entertain, the home offers five king size bedrooms, including a beautiful main retreat with bay window, walk in dressing room and palatial ensuite. The remaining bedrooms are generously sized and include built in robes, while a separate study provides the perfect work from home space or quiet homework zone.

At the heart of the home, the central entertainer’s kitchen is perfectly positioned to service both everyday family living and large scale gatherings. Complete with a SMEG freestanding oven, excellent storage and loads of preparation space, it flows beautifully to the open plan dining area, rear lounge and outdoor entertaining zone.

Multiple living areas give every family member room to relax. The front formal lounge creates a cosy and refined setting with its open fireplace, while the extensive rear living zone connects seamlessly to the outdoor entertaining area, making it ideal for birthdays, celebrations, Christmas lunch, weekend barbecues and relaxed evenings with family and friends.

Multi zoned ducted heating and refrigerated cooling for perfect year round comfort.

Outside, the lifestyle offering is simply outstanding. The enormous covered entertaining area features a remote controlled sunroof louvre pergola, allowing you to open the space to sunshine or close it off for year round comfort. Beyond this, the huge rear yard offers endless room for kids and pets to play, future shedding, garden projects, a pitch and putt green or simply enjoying the privacy and freedom of a full acre.

The showpiece of the property is the spectacular indoor heated pool and spa pavilion.

An incredible all seasons retreat complete with LED lighting, swim jet and fountain. Whether it’s morning laps, weekend fun with the kids, relaxing in the spa or hosting unforgettable poolside gatherings, this is a lifestyle feature rarely found and impossible to forget.

Practicality is equally impressive, with electric remote control roller shutters to all windows, a large internal laundry, excellent storage, a four car garage, additional shed, side drive through access and extensive off street parking for trailers, boats, caravans and guests.

Positioned in a tightly held Narre Warren North location, surrounded by quality homes and generous lifestyle properties, this is a rare opportunity to secure the space, privacy and resort style living your family deserves.

A home of this scale, lifestyle and presence must be seen in person to be truly appreciated. Inspect, fall in love and make it yours.

Key Features

Approx. one acre lifestyle allotment

Five kingsize bedrooms plus study

Main bedroom with bay window, walk in dressing room and palatial ensuite

Built in robes to remaining bedrooms

High ceilings throughout

Freshly painted interiors

Electric remote control roller shutters to all windows

Multiple living zones

Ducted heating and refrigerated cooling

Front formal lounge with open fireplace

Central entertainer’s kitchen with SMEG freestanding oven

Large internal laundry

Expansive rear living and dining areas

Huge outdoor entertaining area

Remote controlled sunroof louvre pergola

Enormous indoor heated pool and spa pavilion

LED pool lighting, swim jet and fountain

Four car garage plus shed

Automatic sliding gate and extensive driveway

Side drive through access

Huge rear yard with endless lifestyle flexibility

Peaceful, prestigious Narre Warren North setting

For more Real Estate in Narre Warren North, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Listing description written by Alistair Boyle, Area Specialist Alistair Boyle — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gym
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study
  • Workshop

Also look at

Also for sale in Narre Warren North

  • 1 Quartz Pl, Narre Warren North VIC 3804

    2-bed house. Asking $650K–$690K.

    For sale
  • 14-16 Rockleigh Park Rd, Narre Warren North VIC 3804

    1-bed house. Asking $1.05M–$1.15M.

    For sale
  • 12 Kanaru Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
  • 1-2 Monroe Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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