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.
VIC › Mirboo North › Allen St
$520,000
Last sold
1 Dec 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
709 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
$520,000
1 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Mirboo North (last 5 years) with land size have a median of $584/m² of land (n=62). 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.
Vs Mirboo North
+12.7%
Median sale
Suburb $461,500
-0.55 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 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 $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.
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
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.
Listing material
Listed by Stockdale & Leggo Mirboo NorthDrenched in character and charm, this quaint three-bedroom weatherboard cottage offers calming rural views and historic features on a sprawling 700m allotment, all within a highly enviable location.
Set back and ideally positioned on the block to capitalise on the North facing aspect, the raised and protected front deck welcomes you on arrival. It is here you will enjoy spending much of your time appreciating the lush green outlook over the adjacent Reserve and rolling hills in the distance.
In fitting with the era of the home, soaring ceilings, timber panelling, picture rails and hardwood floors greet you on entry in the central hallway, which opens onto the adjoining lounge and dining that are free flowing by design.
Large enough to gather the entire family, this relaxing space flaunts two original ceiling roses and decorative cornice and is warmed by a cosy wood fire, whilst a reverse cycle and ceiling fan have been supplied to ensure your families comfort, year-round. Attractive double hung timber windows frame the tranquil country vista whilst flooding the room with natural light and allowing the warm winter sun to penetrate the room.
Well-lit thanks to a large skylight, the kitchen boasts hardwood cabinetry, electric cooking, a dishwasher, generous bench space and a servery through to the adjoining sunroom.
Soak up the abundance of daylight whilst admiring the outlook over your private backyard in the generous sunroom. This all-important second living area is complete with floating timber floors, a new split system, and French doors which open seamlessly onto the freshly painted back deck.
Wake up to an idyllic rural vista each day, in the commodious and North facing Master bedroom that is positioned at the front of the home. The charms of eras gone by continue into the sleeping quarters with a ceiling rose, pendant lighting, and a freestanding timber robe available in Master and bedroom two.
The third bedroom is found at the back of the home, delivering a peaceful garden outlook, decorative cornice, ceiling fan and French doors that open onto the sunroom.
Centrally found, the light filled bathroom presents a shower over bath, modern single vanity, storage, and a heated towel rail, whilst the toilet is separate and positioned off the laundry.
Ideal for entertaining, the back deck is the perfect spot to gather for a BBQ or simply sit back and unwind with a cuppa whilst your kids and pets run freely in the spacious backyard.
Presenting a wonderful balance of period charm with modern conveniences, this captivating cottage is ideally situated just a short stroll from Mirboo North's newly developed swimming pool, beautiful Baromi Park, schools, shops, Kindergarten, and the Grand Ridge Rail Trail. Enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.