Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › Mernda › Mernda Village Dr
$775,000
Last sold
10 Dec 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
576 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
$775,000
10 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Mernda (last 5 years) with land size have a median of $1,717/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs Mernda
+11.9%
Median sale
Suburb $692,500
-0.44 pp
Gross yield
Suburb 4.08%
Suburb median $692,500 from 10 recorded sales (last 24 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 $543/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
Mernda at a glance
25,915
People
$692,500
Median sale
$543/wk
Median rent
4.08%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & CoShowcasing clean lines and neutrals tones, this beautifully presented home is open plan in design, offering generous sized entertaining & accommodation for everyone. Situated in a highly sought-after pocket of Mernda, this home is sure to tick all boxes with comfort and convenience right at your doorstep.
The master bedroom is generous in space & is equipped with a walk-in robe & large en-suite with oversized shower & double vanity, and the 2 additional bedrooms have built in robes & share a central bathroom with large shower, bathtub and vanity with stone benchtop.
The stylish kitchen features large Caesar stone island benchtops, high quality stainless steel appliances, dishwasher & walk in pantry, and overlooks the family and meals area. A separate closed off lounge to the rear of the home creates an additional living space for the whole family to enjoy.
Journey outside to the undercover area that boasts a high roof line to allow plenty of natural light whilst being protected from the elements as well as ample space to dine & lounge. Perfectly manicured lawns and low maintenance gardens allow for the kids to run around whilst providing garden beds for the budding green thumb. Blessed with an abundance of features including ducted heating and cooling, gas fire heater, timber flooring, downlights, a huge workshop that will impress and double car garage with internal access.
Only minutes away from the Mernda Village Shops, Mernda Train Station, St Josephs Catholic Primary School and the network that Bridge Inn Road and Plenty Road has to offer. Combine all of this with the most picturesque walking tracks and reserves – don't miss out on this amazing opportunity to call home.
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Material Facts - refer to contract & vendor statement for any/all material facts.
This document has been prepared to assist in the marketing of this property. While all care has been taken to ensure the info provided is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries
Listing description written by George Ioannou, Harcourts Rata & Co — reproduced as published, not verified by Districts.
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