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 › Parisel Circuit
$585,000
Last sold
12 Dec 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$585,000
12 Dec 2020 · derived via latest_sale
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
-15.5%
Median sale
Suburb $692,500
+0.75 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
UnknownArea
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 & CoPerfectly located with only as short drive to to Mernda Villages Town Centre and amenities, a choice of private or public schools, shops, cafes, parklands, walking tracks, public transport, child care centres and within proximity to the Mernda Railway Station.
Features include four spacious bedrooms with BIR's, Master with WIR & En-suite, two Bathrooms, open plan kitchen meals area, two separate living zones, double remote garage with internal access and alfresco .This striking floorplan boasts on emphasis on practical space both inside and out.
Featuring:
* Four Bedrooms (Master With Ensuite)
* Two Bathrooms.
* Two seperate living zones.
* Kitchen/Meals/Family Area.
* Central heating & Evaporative Cooling
* Remote Garage/Internal access
* Fully landscaped and low maintenance gardens.
A great opportunity not to be missed to break into Melbourne's property market for both investors and first home buyers alike. Inspection is sure to impress.
PHOTO ID REQUIRED
Covid Safe policy applies - please see photo attached or our website.
Due diligence checklist - http://www.consumer.vic.gov.au/duediligencechecklist
Privacy Policy and Privacy Collection Notice: https://rata.harcourts.com.au/Home/Links/Privacy-Policy
Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Steven Marino, Harcourts Rata & Co — reproduced as published, not verified by Districts.
Victoria 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.