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.
$595,000–$650,000
For sale
Asking range
$585,000
Last sold
2 May 2025
3
Bedrooms
3
Bathrooms
2
Car spaces
1,820 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
$595,000–$650,000
Asking range · $327/m² of land
Last recorded sale $585,000 (2 May 2025).
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
-12.5%
Median sale
Suburb $680,000
+0.52 pp
Gross yield
Suburb 3.68%
Suburb median $680,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$35,967 on top of the price (6.0% 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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Marong's advertised median rent — not a rent for this listing.
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 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.
Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 PRD BendigoSet on an impressive corner allotment of approximately 1,820sqm in a well-connected Marong location, 2 Hills Road delivers a wonderful sense of space, flexibility and everyday ease, with the added appeal of future subdivision potential if desired (STCA). With a comfortable main residence, a separate studio, generous open grounds and excellent proximity to Marong's key amenities, this is a property with broad appeal for families, multi-generational households, buyers seeking a work-from-home setup, or those wanting room to spread out without losing connection to town convenience.
From the street, the home presents with a relaxed country feel, framed by established trees, timber fencing, gravel driveway space and a broad frontage that gives the property an inviting sense of openness. The home sits comfortably within its generous block, with lawn areas, established greenery and practical outdoor zones creating an easy setting for family life, pets, extra vehicles or future landscaping ideas. Its position within Marong places Malone Park Reserve, Marong Primary School, the Marong Family Hotel and the Marong General Store all within easy reach, while Bendigo is only a short drive away for work, shopping, schooling and services.
Inside the main home, the layout has a warm and welcoming feel, with timber flooring bringing character through the central living zone. The open kitchen, meals and living area forms the natural heart of the home, offering a comfortable everyday space where family life can unfold with ease. The kitchen features timber cabinetry, generous storage, gas hotplate cooking and electric cooking facilities, while its connection to the dining and living area makes the space practical for both daily routines and relaxed entertaining.
The living area is inviting and well-proportioned, with a solid fuel heater adding warmth and atmosphere through the cooler months, complemented by split system heating and cooling, along with ceiling fans for year-round comfort. Large windows help draw in natural light, while the open arrangement gives the home a casual, easy-living quality that suits the scale and character of the property beautifully.
The main residence includes two bedrooms, along with a study that adds valuable flexibility for those working from home, studying, running a small business or simply needing a quiet additional room. The bathroom areas provide excellent practicality, with the primary bedroom having a full ensuite and the second bedroom having its own private shower and vanity. There is a separate powder room within the main home, supporting busy family living and guest use with ease.
A standout feature of the property is the separate studio, creating a highly versatile addition with its own living space, bedroom with walk-in robe, bathroom and gas hotplate cooking setup. This separate space opens the door to a wide range of uses, whether as a teenager's retreat, guest space, creative studio, home office, hobby area or private zone for extended family. Having this level of separation and flexibility on the one allotment is a genuine advantage, particularly for buyers looking beyond a standard residential layout.
Outdoor living is another major strength, with a large, enclosed timber deck providing a wonderful space to gather, dine and relax across the seasons. Sheltered and private, it feels naturally connected to the home and surrounding yard, creating an easy extension of the internal living area. Whether enjoying a quiet morning coffee, hosting family barbecues or making the most of the extra room around the property, the outdoor setting adds significant lifestyle appeal.
The block itself is broad, open and highly usable, offering excellent scope for buyers who need space for children, pets, trailers, additional vehicles or future improvements. With no covered car parking or shedding currently in place, there is clear opportunity for the next owner to tailor the property further to their needs, subject to any relevant approvals. The existing gravel areas provide practical off-street parking, while the generous land size gives the property a sense of freedom rarely found in smaller residential settings.
Further practical features include bottled gas, sewerage connection, split system heating and cooling, ceiling fans, solid fuel heating and a flexible layout across both the main home and studio. The combination of established living, separate studio space and a large allotment gives the property a unique edge in the Marong market.
Positioned within one of Bendigo's growing satellite communities, 2 Hills Road offers a lifestyle that feels spacious, adaptable and wonderfully convenient. With Marong's local amenities close by, a generous block to enjoy and a floorplan that supports a range of living arrangements, this is a property with immediate comfort and exciting potential for the future.
Listing description written by Matt Ingram, PRD Bendigo — reproduced as published, not verified by Districts.