Grand Ridge at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Grand Ridge › Morwell River East Branch Rd
$1,095,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
133,546.262 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
Asking
$1,095,000
Asking · $8/m² of land
No recorded sale for this property.
Grand Ridge at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$66,592 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Grand Ridge at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Stockdale & Leggo Mirboo NorthFlaunting over 1km of river frontage and breathtaking views, this exceptional property offers privacy in a serene location, sprawling over 33 acres with an additional 8.15 acres of river lease. Completely detached from traditional utility grids, you can embrace an environmentally conscious and self-sufficient lifestyle at this tranquil abode.
The two-story home is perfectly positioned on the allotment. Elevated & peacefully set back this beautiful home is enveloped by well-established gardens. Boasting tinted and double-glazed windows running the length of the home, the expansive enclosed verandah greets you on arrival. Regardless of the weather, you'll enjoy gathering your family and friends around the rustic bar whilst you soak in the awe-inspiring vistas thanks to the wood fire and pot belly.
With dual entrances, the spacious lower level comprises of an open-plan dining and lounge area, complete with a wood fire heater and an updated kitchen. Offering a flexible floorplan for a variety of buyers, a portion of the lower level has been lovingly transformed into a self-contained area, featuring a Master bedroom, BIR, ensuite, laundry and a second kitchen with a 900mm gas oven, cooktop & dishwasher. This well considered addition could serve as a welcoming space for extended family and guests, or even be capitalised on as a dual income bed and breakfast. Thanks to a hidden staircase, this area also offers additional storage in the expansive roof attic.
Ascending to the upper floor reveals three good sized timber lined, character filled bedrooms, a sitting room / home office complete with a second bathroom.
This residence operates entirely off the grid, relying on gas bottles, 2.6KW solar unit, 12 gel batteries, a backup diesel generator, and a substantial amount of water tanks (67,000L).
Outdoor amenities include well-maintained country gardens, an external toilet, and excellent shedding. There are two large machinery sheds; one 18mx9m with sliding doors on each end, and the other 12m x 7.5m featuring two roller doors and an open bay. Additionally, there are multiple utility storage options surrounding the property.
Ranging from flat to steep, the land has been strategically divided into grazing paddocks with water troughs and animal shelters available, that currently provide ample feed for 25 Black Angus cattle.
Traversed by the Morwell River; home to Brown Trout, Fresh Water Crayfish, Platypus and Eels, this incredible property is perfect for keen anglers, nature lovers, or those simply wishing to escape the hustle and bustle!
Escape into the tranquility of this secluded haven, that is home to resident Echidnas, Wallabies, Lyre Bird, Kangaroo and Deer and is ideally located approximately 15 minutes from the township of Boolarra and 30 minutes from Mirboo North and Latrobe Valley. Enquire today!!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.