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 › Balding St
$620,000
Last sold
11 Feb 2022
4
Bedrooms
2
Bathrooms
4
Car spaces
1,205 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
$620,000
11 Feb 2022 · 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
+34.3%
Median sale
Suburb $461,500
-1.25 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 NorthSitting on a generous 1205m2 allotment in the heart of town, just a short stroll to schools, kindergarten, beautiful Baromi Park, Grand Ridge Rail Trail and the picturesque township of Mirboo North, this expansive four-bedroom plus study, brick home with a detached studio/teenager retreat and calming gardens ticks all the boxes for large families and those looking for a tree change with all modern conveniences, nearby.
On entry, it is evident that this solid home is exceptionally generous in scale and provides freedom of space for even the largest of families. The timber lined entry is welcoming with slate floors, and grand feature doors that open to living areas on both sides.
A bold brick archway connects the light filled dining room with ceiling fan and kitchen that features a 900mm stove top, electric oven, Bosch dishwasher, pantry, and hardwood cabinetry, whilst providing access to the powder room and extensive laundry where storage and bench space is plentiful.
Leading off the dining room, a large central hallway provides access to the rest of the home. The sprawling formal lounge boasts decorative cornice, high ceilings, brick feature wall, a woodfire to keep you cosy in winter and large windows with striking timber pelmets that allow the relaxing garden outlook to be appreciated from every angle, whilst bathing the room with natural light.
Ideally situated at the end of the hall, providing a sense of privacy, the sizeable Master bedroom with brick feature wall delivers a walk-through robe and quaint ensuite complete with shower, timber vanity and toilet.
The remaining three bedrooms are all spacious, with BIR's and large windows that fill the rooms with sunlight, whilst the study provides a built-in desk providing a quiet space for those wishing to work from home. Conveniently, the main bathroom is centrally located and offers a bath, separate shower, single vanity with hardwood timber cabinetry and IXL tastic.
Privately nestled amongst lush gardens of weeping cherry, magnolia, lavender and roses on a large corner block, the home provides a single carport that is attached to the home, 5KW solar system to help minimise your bills, automatic roller shutters and an 8.5 x 4m garage/shed with concrete floor, power and workbenches with an additional single carport attached.
The secure back yard is home to apple trees, a vegetable garden and a 6x6m lined and insulated bungalow complete with concrete floor, power, toilet, internet, TV reception and built-in bookshelves. This flexible space would make an ideal teenage retreat, accommodation for visiting family or scope for those wishing to work from home.
Come and discover this charming and commodious family home and the delights of our thriving community nested amongst the Strzelecki Ranges. Showcasing excellent schools, a variety of shops and boutique cafés, gorgeous parks, outdoor swimming pool, the well renowned Grand Ridge Rail Trail and the award-winning Grand Ridge Brewery, Mirboo North is your perfect country getaway, only 155km's southeast of Melbourne and half an hour from the Latrobe Valley. Enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.