Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
VIC › Maryborough › Mckean St
$500,000
Last sold
4 Mar 2026
3
Bedrooms
1
Bathrooms
4
Car spaces
1,064 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
$500,000
4 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Maryborough (last 5 years) with land size have a median of $525/m² of land (n=142). Districts calculation from recorded sales — not a valuation.
Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Vs Maryborough
+14.3%
Median sale
Suburb $437,500
-0.56 pp
Gross yield
Suburb 4.47%
Suburb median $437,500 from 180 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 $376/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
Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ballarat Real Estate MaryboroughThis exceptional corner allotment property in the heart of Maryborough, VIC 3465, presents a rare and highly lucrative opportunity for discerning investors and developers. Located on a substantial landholding of approximately 1064 sqm, this offering combines immediate rental income with fully approved plans for future development, ensuring an outstanding return on investment.
The Existing Asset: Immediate Rental Income
The property currently features a charming and well-maintained 3-bedroom, 1-bathroom residence.
Corner Allotment: Situated on a generous corner block, offering excellent street appeal and dual access potential.
Solid Rental Potential: Currently leased, providing an income stream from day one while you plan and execute the next phase of development.
Highly Desirable Location: Positioned conveniently in Maryborough, appealing to a wide range of prospective tenants.
The Development Upside: Fully Approved Permits
What truly sets this property apart is the ready-to-go development opportunity with permits already secured, saving you crucial time and expense.
Approved Subdivision: Permits are in place for the subdivision of the corner block.
Construction Ready: Includes approved plans for the construction of a new, contemporary home on the Higham Street frontage.
Planned New Dwelling: The approved plans are for a modern 3-bedroom, 2-bathroom home, designed to meet the demands of today's market, maximizing future sale or rental potential.
Investor Highlights
Maximize Returns: Live in one, rent both, or rent the existing and sell the new build-the options are numerous to leverage the investment.
"Shovel Ready" Development: Skip the lengthy and costly permit process; you can hit the ground running with the development phase.
Strategic Land Banking: Secure a large land parcel with immediate use and planned future growth.
This is not just a house; it's a future-proof investment portfolio in one transaction. Seize the opportunity to secure immediate income while holding the keys to a valuable, approved development project.
Inspect today and unlock the full potential of 2 McKean Street!
Listing description written by Monte Reeves, Ballarat Real Estate Maryborough — reproduced as published, not verified by Districts.