Marong at a glance
2,165
People
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
$735,000
Last sold
24 Apr 2023
4
Bedrooms
2
Bathrooms
6
Car spaces
80,937.128 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
$735,000
24 Apr 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Rural Property sales in Marong (last 5 years) with land size have a median of $8/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Marong at a glance
2,165
People
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Marong
+8.1%
Median sale
Suburb $680,000
-0.28 pp
Gross yield
Suburb 3.68%
Suburb median $680,000 from 23 recorded sales (last 12 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 $481/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
Marong at a glance
2,165
People
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PH PropertyIf a change of pace and a move to the country is on the cards, then this is the ideal property for you! Offering loads of space and a relaxing lifestyle on approx. 21 acres, this peaceful farmlet on the outskirts of Bendigo will delight those looking for spread out and escape the hustle and bustle of city living!
Perched on high ground and offering views across the paddocks beyond, your nearest neighbours are the horses or sheep that you could possibly keep and care for. A meandering driveway leads to the home which is set back offering privacy and seclusion from the road. The house is as solid as a rock, with parts of the internal layout having undergone cosmetic updating over time. A fresh lick of paint has been applied the interior, and otherwise everything is very liveable and functional for now with the option to update the kitchen and bathrooms down the track.
The floor plan offers four carpeted bedrooms that branch off a central hallway, two include built in robes whilst the master bedroom has wall to wall built in robes and its own ensuite. Also connecting to the hallway is the main bathroom which includes both bath and shower as well as second toilet. The spacious main living room is gorgeous underneath cathedral ceilings and offers those cosy homely vibes thanks a lovely solid fuel heater and exposed brick feature wall. There is split system heating and cooling, and ceiling fans to bedrooms and living to keep the temperature neutral. is the kitchen and adjoining meals area, which has a country style open fire place. The kitchen is mostly original, but is functional for now until its time to upgrade and boasts electric cooking appliance, dishwasher, and walk in pantry. At the far end of floorplan is the generous second living space or rumpus room and the laundry.
Outside, the property has a 9.5m x 6.5m (approx.) shed with concrete floor and power, as well as a 6.5m x 7m carport off the front of the shed for sheltered car accommodation. There is so much space to build more shedding if you desire, and so much scope to run livestock or a small vineyard on the remaining 20+ acres of land. 2 dams with excellent catchment offer good water storage, there is also plenty of tank water storage as well. The fencing is in reasonable order around the property, there is an existing horse stable with provisions for many more, and there is so much space for the kids to play or ride their motorbikes. An alfresco entertaining area lies off the main house, the rear veranda is a nice place to soak up the sun, and special mention to the hidden wine cellar in the back yard!
This is a terrific opportunity for a suitable buyer to take in the country air and begin a new relaxing lifestyle. Convenient to the township of Marong and only 15 minutes to the centre of Bendigo, call now to arrange an inspection and secure your slice of the good life!
Listing description written by Tim Rooke, PH Property — 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.