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VIC › Warragul › Mills Rd

156 Mills Rd, Warragul VIC 3820

House

$537,000

Last sold

22 July 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $537,000 (22 July 2020).(Recorded sale)

What could make it worth more?

  • FactZoned URBAN GROWTH ZONE - SCHEDULE 1 (UGZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$537,000

22 July 2020 · derived via latest_sale

Warragul at a glance

22,282

People

$380,000

Median sale

$524/wk

Median rent

7.17%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full Warragul report →

Vs Warragul

+41.3%

Median sale

Suburb $380,000

-2.10 pp

Gross yield

Suburb 7.17%

Suburb median $380,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

URBAN GROWTH ZONE - SCHEDULE 1

UGZ1

Jurisdiction

Baw Baw

Baw Baw, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 427085355

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$537,00022 July 2020
  2. Listedprice unknowncompleted16 June 2020
  3. Listedprice unknowncompleted16 June 2020

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 URBAN GROWTH ZONE - SCHEDULE 1 · UGZ1 (ZN). Official parcel area about 11,893 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 11,893 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $524/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 URBAN GROWTH ZONE - SCHEDULE 1 · UGZ1 (ZN). Official parcel area about 11,893 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 11,893 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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

Warragul in one glance

Warragul at a glance

22,282

People

$380,000

Median sale

$524/wk

Median rent

7.17%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full Warragul report →

Keep researching

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

Listing material

Listed by OBrien Real Estate Pakenham

Architecturally Individual – Brand new family home.

Please contact the agent Arturo to arrange a viewing time during the open for inspection. New Covid rules apply.

Set in the Chesterfield Estate, Warragul's newest and most desirable lifestyle location, this stunning Hamptons styled family home, doesn't only offer the lucky purchaser a superior level of accommodation and build quality, but also a practical light filled floor plan that will have all who visit talking about where you live for a long time to come.

Set on a 592m2 block within walking distance to new local school and surrounded by other substantial homes, there is ample backyard here for the children or pets to run around or to add a pool at a later date. Whether entertaining outdoors in summer under the Alfresco which overlooks the yard or wining and dining indoors during the cooler months, there is ample room for everyone.

Read the full description

The moment you enter the wide hallway, the light filled home opens up and ensures you take a deep breath as you smile. The luxury list of inclusions is extensive and includes,

- A carpeted formal lounge plus a family room with floating timber floors, leading straight onto the Alfresco area

- A fully appointed kitchen with 900mm freestanding stainless-steel cooker and feature window/splashback

- A double garage with internal access

- a generous master suite with WIR and full ensuite plus 3 more bedrooms serviced by a second bathroom

- Gas ducted heating throughout

- Fully landscaped and turfed yards and much more.

First home buyers will qualify for the $20,000 First Home Owners grant as well as zero stamp duty (as long as you qualify) ensuring you will save over $40k. Or for the young family looking for a wonderful place to live and bring up your children, you don't need to look any further. Its all here.

Approx. 1 hour to the Melbourne CBD on the M1, an inspection will not disappoint and at this price, you won't believe your luck. The town of Warragul is growing fast and offers all the services you require, including a hospital and all major retail brands and sporting facilities. Don't wait as this will sell fast.

Listing description written by Rod Capuano, OBrien Real Estate Pakenham — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.