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 › Wells Rd
$845,000
Last sold
20 June 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
4,191 m²
Land
Districts View
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
$845,000
20 June 2024 · 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
+83.1%
Median sale
Suburb $461,500
-2.21 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 scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
South Gippsland
South Gippsland, VIC
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 4,198 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 4,198 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 4,198 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 4,198 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 NorthOverlooking picturesque bush, this beautiful, meticulously designed and spacious family home was built in 2019, sits on an expansive one-acre allotment and is ideally located on much loved 'Wells Road' in the thriving township of Mirboo North.
Set back and perfectly positioned to capitalise on the elevated vantage, the raised and protected front deck welcomes you on arrival. It is here you will enjoy relaxing with a cuppa whilst appreciating the lush views, thanks to the glass balustrade that allows for an uninterrupted outlook over the adjacent natural bush.
Upon entrance, you're greeted with a wide and inviting entryway with high ceilings and a neutral colour palette that continue throughout and provides a welcoming feeling of a newly constructed residence.
Boasting double glazed windows, day/night blinds and ducted heating and cooling right the way through, this delightful abode is bursting with natural light and has been designed with comfort and convenience in mind.
Privately set behind a gorgeous barn door at the front of the home, the formal lounge with large study nook offers an intimate space to unwind, with a serene rural vista and cosy carpet adding a peaceful feel to the room.
Designed to capitalise on the Northerly aspect and views over the backyard, the commodious open plan kitchen, dining and living features large windows and a sizeable sliding glass door that draws in natural sunlight whilst providing seamless flow between indoor and outdoor living.
The modern kitchen is beautifully appointed for those who love to cook with a gas stove top, dual electric ovens, a dishwasher and an enormous butler's pantry with exceptional storage and access to the mudroom and garage for convenience. Whilst the Caesar stone bench tops bring a touch of class, the sprawling island bench with pendant lighting is ideal for casual dining.
The master bedroom is of generous proportion, offering parent's privacy and their own sense of space, with a calm outlook, lavish walk-in robe and ensuite complete with a corner shower, single hung vanity and separate toilet.
The Western end of the home affords three spacious and light filled bedrooms with BIR's, and custom built in desks with shelving, which will impress the most discerning of children and teenagers. These appealing rooms are serviced by the well-appointed family bathroom with relaxing bath, plush shower and modern vanity. Suitably, a second toilet is available in the adjacent powder room.
The needs of a large family have been well considered, with an abundance of storage options, including a 2-door and 1-door linen press in the hallway and added stowage available in the laundry where bench space and direct access outside are available.
North facing, the protected entertaining area with ceiling fan and outdoor TV flows flawlessly off the living area, supplying the perfect place to gather family and friends for a BBQ whilst appreciating the privacy and luxury of space that this wonderful home delivers.
The backyard is secure for children and pets, thanks to the newly constructed side gate. A retaining wall has been positioned behind the home to frame the flat land adjoining the entertaining area, this is the ideal spot for the kids to play on a trampoline, or swing set.
A circular driveway supplies access to the home via the considerable double garage, whilst also delivering convenient parking for your visitors. You'll be the envy of many, with side access continuing up to the 9mx11m Colourbond shed. With a turning circle for ease of manoeuvring, concrete floor and power, there is room to tinker and wonderful storage on offer. With the challenging work done, a blank canvas awaits externally, ready for you to landscape to your desired taste.
Flaunting a highly desirable location and well-considered design, this gorgeous family home encapsulates what country living is all about, presenting the freedom of space with the conveniences of town living.
Situated in the breathtaking Strzelecki Ranges, Mirboo North is surrounded by lush rolling hills and forests and is found approx. 155kms southeast of Melbourne and only half an hour from the Latrobe Valley. Our thriving community displays excellent schools, a variety of shops and boutique cafés, gorgeous parks, an outdoor swimming pool, the well renowned Grand Ridge Rail Trail, and the award-winning Grand Ridge Brewery. Do not miss this wonderful opportunity, enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.