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.
$747,000
Last sold
24 Apr 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
896 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
$747,000
24 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $917/m² of land (n=119). 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
+9.9%
Median sale
Suburb $680,000
-0.33 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
UnknownVictoria 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.
Area
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 DCK Real EstateThis quality-built Dennis Family Home will surely tick all the boxes. located in the family friendly Discover Estate Marong. Within a 15-minute drive to Bendigo and within 5 minutes to Maiden Gully.
16 Hills Road is within easy walking distance to the Malone Park reserve, golf course, local pool, primary school, general store, and the Marong Family Hotel.
This amazing home boasts four generous bedrooms, plus a study. The master fits a king-size bed with ease, and consists of a large ensuite with shower, double vanity, and separate toilet. Storage in the master bedroom will not be an issue with double walk-in robes, and added extras such as recessed tv and display nooks.
The remaining well-proportioned bedrooms all have built in robes. close by is the impressive powder room and 2-way family bathroom, consisting of a bath, shower, vanity, and a mirror that nearly spans across two walls.
This dynamic floor plan has 3 separate living areas, perfect for any sized family. The first is a spacious central lounge, that is wall-to-wall carpet for comfort, with sliding doors that lead outside. The second is the separate rear rumpus, which is perfect for a home theatre or games room. The third is the magnificent light filled, open plan family room that adjoins the spacious kitchen and dining area, with views of the backyard. You will be able to sit back and relax while watching the kids play in the safety of the secure yard.
The open-plan kitchen is the heart of the home, boasting stone bench tops, storage above and below, waterfall island bench with breakfast bar, quality stainless appliances such as a 900 mm upright oven and dishwasher. The modern black tile really finishes off the area. There is also a sizable butler's pantry, with a sink, power points and extra storage.
The laundry will facilitate a larger family with ease, with its extra bench space and storage.
Outside is an undercover entertaining area with a Mediterranean style alfresco extension off the back. Being situated on a 896 m2 block, The landscaped backyard is the perfect space for the kids to play or add a nice big shed.
Drive through access via the oversized garage will definitely be a benefit. The garage will easily fit 2 full sized family cars, a motorbike and still have the extra space for storage or a workshop.
Additional features: ducted evaporative cooling and ducted gas heating, 9 ft. ceilings, High quality flooring. Arrange an inspection today.
Listing description written by Justin Pell, DCK Real Estate — reproduced as published, not verified by Districts.