Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Mirboo North › Cuthbertson Ct
$830,000
Last sold
24 June 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
17,563.357 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
$830,000
24 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Mirboo North (last 5 years) with land size have a median of $584/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Mirboo North
+79.8%
Median sale
Suburb $461,500
-2.16 pp
Gross yield
Suburb 4.86%
Suburb median $461,500 from 14 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 $431/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
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo Mirboo NorthPrivately set back on 4.34 tranquil acres, overlooking a perfect mix of cleared land and natural bush, this lovingly maintained four-bedroom weatherboard home with sprawling decks and an above ground pool is conveniently located just a short drive from the picturesque community of Mirboo North and is ideal for those seeking comfort and space.
Internally the home boasts two separate living areas, the open-plan kitchen, dining & living area being the heart of the home, featuring decorative cornice and floating floors, a split system to ensure your comfort year-round and large glass doors that open seamlessly onto the decks on both sides of the home, providing the all-important connection between indoor and outdoor living. The charming country kitchen with calming views, boasts a generous breakfast bar that is ideal for casual dining, gas stove top, electric oven, dishwasher and provides ample storage.
The adjoining formal lounge is spacious and cosy with expansive windows that bathe the room with natural light whilst allowing the gorgeous rural outlook to be enjoyed from the comfort of your couch. This is the perfect space to gather the family for movie night or tuck up with an enjoyable book in front of the woodfire and relax in the peaceful ambience.
This delightful home offers four bedrooms that are all of good size with ceiling fans. The Master is complete with walk-through robe and large, colourful ensuite which includes a shower, vanity and toilet and is perfectly situated at the northern end of the home, along with bedroom two while the remaining two bedrooms are situated at the southern end of the home.
The light filled main bathroom is central to bedrooms three and four and features a bath, shower, and vanity, whilst the separate toilet is adjacent. Just down the hall, the laundry delivers a linen press and direct access outdoors.
Regardless of the weather, you can entertain in style year-round, thanks to the extensive decking provided. Whether it is to gather for a BBQ and drinks while you watch the sunset, or simply relax with a cuppa while you take in the views, this home has been designed with outdoor living in mind and is perfectly positioned to capitalise on the idyllic surrounds.
There is room to store all your toys, with a 12m X 7m shed with concrete floor, power and attached double carport and a 4m x 6m garden shed with concrete floor provided. A circular driveway, three water tanks and rear undercover pergola complete this serene lifestyle property.
Offering the best of both worlds; a rural lifestyle with the convenience of the school bus past the door, bin collection, mail delivery and all modern conveniences nearby in the thriving township of Mirboo North. Enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.