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VIC › Mirboo North › Old Thorpdale Rd

13 Old Thorpdale Rd, Mirboo North VIC 3871

Rural Property

$780,000

Last sold

11 Apr 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

5,975 m²

Land

239.969 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $780,000 (11 Apr 2025).(Recorded sale)
  • CalculationLand 5,975 m² against a 240 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded Rural Property sales in Mirboo North (last 5 years) with land size: median $8/m² of land (n=10). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No 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

$780,000

11 Apr 2025 · derived via latest_sale

Local land rate: recorded Rural Property sales in Mirboo North (last 5 years) with land size have a median of $8/m² of land (n=10). 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.

See the full Mirboo North report →

Vs Mirboo North

+69.0%

Median sale

Suburb $461,500

-1.99 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 and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

South Gippsland

South Gippsland, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 52549047

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

Detected — official

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

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$780,00011 Apr 2025
  2. Listedprice unknowncompleted16 July 2024
  3. Listedprice unknowncompleted16 July 2024

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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 5,974 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. Official parcel about 5,974 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 5,974 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?

    Knownlow

    Official parcel about 5,974 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

    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

Mirboo North in one glance

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.

See the full Mirboo North report →

Keep researching

  • Why Mirboo North? Read the area thesis →
  • What else is on the market in Mirboo North →
  • Other records on Old Thorpdale Rd →

Listing material

Listed by Stockdale & Leggo Mirboo North

TRANQUIL FAMILY HOME ON 1.5 ACRES

Set amidst nearly 6000m² of lovingly maintained lawns and gardens, 'Rosehaven Rise' offers a tranquil retreat from everyday life amongst peaceful rural surroundings in the thriving community of Mirboo North.

Privately set back beyond a circular driveway and cottage gardens flaunting a beautiful Weeping Cherry and Standard Roses, this charming abode has been thoughtfully positioned to capitalise on the Northerly aspect, with a 6kw solar system and a protected front deck welcoming you on arrival.

Upon entrance, you're greeted with free-flowing living areas, the North-facing kitchen and dining area, along with a separate lounge, all bathed in natural light. Recently updated, the spacious country-style kitchen displays a lush outlook, gas cooking, dishwasher, pantry and ample bench space and storage, making meal preparation effortless.

Read the full description

Overlooking the backyard and opening seamlessly onto the weather protected back deck, the central family room is warmed by a cosy wood fire, complimented by the convenience of four split systems throughout the house for year-round comfort.

The home affords three spacious and light filled bedrooms, including the inviting Master bedroom with walk-in robe and separate ensuite.

The left wing houses the remaining two bedrooms which are both North Facing, of decent size with built-in robes and serviced by the central family bathroom complete with vanity, shower, bath and separate toilet. Storage is plentiful, with the adjoining laundry providing space and direct access outside.

Surrounded by a blend of native flora, vibrant plantings, bulbs and fruit trees, the residence is complimented by a double carport under the roofline with direct access to the home, 9m x 5.5m lock-up shed with concrete floor, power and setup work benches, wood storage, hay shed and a garden shed.

Those who love to entertain will enjoy spending time with family and friends in the sprawling backyard overlooking the expansive lush lawns, where your children and pets can run freely. A fenced pony paddock at the rear of the allotment completes this delightful lifestyle property which combines the benefits of town convenience with the serenity of rural 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 gorgeous community delivers excellent schools, a variety of shops and boutique cafés, gorgeous parks, an outdoor swimming pool and the well renowned Grand Ridge Rail Trail.

Did you know we have a rental department who can service your investment properties?

Our rental department has appraised this property for approx $450 - $480 per week.

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.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 2
  • Shed
  • Solar Panels
  • Toilets: 2
  • Workshop

Also look at

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  • 6a Peters St, Mirboo North VIC 3871

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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.