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VIC › Mortlake › Boundary Rd

122 Boundary Rd, Mortlake VIC 3272

House

$800,000

Last sold

24 Mar 2026

5

Bedrooms

3

Bathrooms

2

Car spaces

10,100 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $800,000 (24 Mar 2026).(Recorded sale)
  • FactLand 10,100 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mortlake (last 5 years) with land size: median $200/m² of land (n=7). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL LIVING ZONE - SCHEDULE 1 (RLZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$800,000

24 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Mortlake (last 5 years) with land size have a median of $200/m² of land (n=7). Districts calculation from recorded sales — not a valuation.

Mortlake at a glance

1,568

People

No data

Median sale

$220/wk

Median rent

No data

Suburb gross yield

See the full Mortlake report →

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL LIVING ZONE - SCHEDULE 1

RLZ1

Jurisdiction

Moyne

Moyne, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 128840271

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. Sold$800,00024 Mar 2026
  2. Listedprice unknowncompleted11 Feb 2026
  3. Listedprice unknowncompleted11 Feb 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?

Confidence: medium

Zoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 10,104 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.

What could kill that thesis?

Confidence: low

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. 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 $220/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 10,104 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

    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?

    Knownmedium

    Official parcel about 10,104 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Mortlake in one glance

Mortlake at a glance

1,568

People

No data

Median sale

$220/wk

Median rent

No data

Suburb gross yield

See the full Mortlake report →

Keep researching

  • Why Mortlake? Read the area thesis →
  • What else is on the market in Mortlake →
  • Other records on Boundary Rd →

Listing material

Listed by Gleeson Real Estate

Modern Family Home on 2.5 acres

122 Boundary Road, Mortlake offers the rare combination of a near-new, spacious family home with an acreage lifestyle; room for kids to play, space for animals, and all the comforts of contemporary living. It’s the best of both worlds!

Inside, the home showcases a stunning modern interior with high-end finishes and thoughtful design throughout. Every detail has been carefully considered to create a home that is both stylish and functional.

The floorplan has been designed for modern family living, featuring five spacious bedrooms — all with built-in robes — and three beautifully appointed bathrooms across two distinct wings. The master suite is a private retreat, complete with a luxurious ensuite and positioned at one end of the home for peace and privacy. The guest wing includes four additional bedrooms (one with its own ensuite), a generous family bathroom, and two separate living spaces, ensuring everyone has room to relax or come together.

Read the full description

At the heart of the home lies the open-plan kitchen, dining, and living zone — a light-filled space perfect for both everyday living and entertaining. The designer kitchen features high-quality finishes, premium appliances, and a full butler’s pantry for extra storage and preparation space, making hosting effortless.

Seamlessly connected to the outdoors, the undercover entertaining area is designed for year-round enjoyment, complete with a built-in cooking zone that makes gatherings with family and friends easy and enjoyable.

This home is equipped for comfort in every season with ducted heating and cooling throughout. Energy efficiency is enhanced by a solar panel system — a smart addition for sustainable, modern living.

Set on approximately 2.5 acres, the property offers a lifestyle to envy. A single paddock with electric fencing and a water trough provides endless opportunities and is ideal for hobby farming, animals, or simply enjoying the freedom of open space.

Perfectly positioned just 1km from the Mortlake town centre, you’ll enjoy easy access to schools, gardens, the golf club, and sporting facilities. Mortlake’s convenient location places you only 35 minutes from Warrnambool and 18 minutes from Terang — offering both a peaceful country lifestyle and accessibility to major regional centres.

If you’ve been searching for a home that combines modern luxury, space, and the charm of country living, 122 Boundary Road, Mortlake is one you won’t want to miss.

Note: aerial imagery has been digitally enhanced to make grass appear greener than at the time of photos taken.

Call Jeremy now for more information or to arrange your private inspection.

Listing description written by Jeremy Gleeson, Gleeson Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 2
  • Living Areas: 3
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Solar Hot Water
  • Solar Panels
  • Toilets: 3
  • Water Tank
Districts

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

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