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VIC › Myrtleford › Niela Cres

2 Niela Cres, Myrtleford VIC 3737

House

3

Bedrooms

1

Bathrooms

0

Car spaces

561 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 561 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Myrtleford (last 5 years) with land size: median $771/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Myrtleford (last 5 years) with land size have a median of $771/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

Myrtleford at a glance

3,175

People

$865,000

Median sale

$400/wk

Median rent

2.40%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Myrtleford report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown26 July 2025
  2. Listedprice unknowncompleted24 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $400/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Myrtleford in one glance

Myrtleford at a glance

3,175

People

$865,000

Median sale

$400/wk

Median rent

2.40%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Myrtleford report →

Keep researching

  • Why Myrtleford? Read the area thesis →
  • What else is on the market in Myrtleford →
  • Other records on Niela Cres →

Listing material

Listed by Ravida Real Estate

Myrtleford Gem

Nestled in the charming township of Myrtleford, this inviting home offers an enviable lifestyle in a location that serves as the gateway to Beechworth, Bright, Mt Beauty, and the renowned Gourmet Region of Milawa and Oxley.

Myrtleford is a vibrant community surrounded by stunning natural beauty, renowned for its wineries, local produce, and picturesque landscapes.

With a warm country charm and modern conveniences, it’s the perfect place to call home.

Read the full description

This well-positioned residence is just a short stroll from local schools, the hospital, and the town centre, making everyday amenities easily accessible.

Directly opposite Cundy Park, the home enjoys a prime setting ideal for families and outdoor enthusiasts.

Additionally, the famous Murray to Mountains Rail Trail runs through Myrtleford, offering an incredible opportunity for cycling, walking, or running while taking in breathtaking views of the Alpine region.

Step inside the home to discover a recently renovated kitchen featuring a sleek Bellini cooktop, a fan-forced oven, a stainless steel dishwasher, and ample cupboard space—all centred around a generous dining area.

The spacious living room, bathed in natural light, is complemented by plush carpeting, creating a cozy retreat for relaxation.

Each of the three bedrooms is well-proportioned and fitted with floor-to-ceiling sliding mirrored doors on the built-in wardrobes, offering both style and functionality.

The bathroom includes a shower and vanity, with an adjoining two-way entry toilet for added convenience.

A split system unit and a slow-combustion wood fire heater ensure year-round comfort, while day-and-night blinds throughout the home provide privacy and light control.

Outdoor living is equally inviting, with a newly refurbished decked alfresco area, a cozy seating area nestled under the shade and a private fire pit—perfect for entertaining or unwinding under the stars.

The backyard also boasts a tool shed and a study with WIFI, both equipped with concrete floors and electricity. As well as a cleverly designed workshop, discreetly positioned at the rear.

Situated on a generous corner lot, the property provides easy vehicle access to the backyard, along with ample off-street parking.

Whether you're looking for a family home, an investment, or a tranquil retreat in one of Victoria’s most scenic regions, this Myrtleford Gem offers it all.

Listing description written by Debbie Ravida, Ravida Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.