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.
$432,500
Last sold
14 Nov 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
558 m²
Land
150 m²
Building
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
$432,500
14 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $915/m² of land (n=120). 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
-36.4%
Median sale
Suburb $680,000
+2.10 pp
Gross yield
Suburb 3.68%
Suburb median $680,000 from 23 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 $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.
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
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 PH PropertyLocated in the family orientated and fast growing township of Marong is this superb modern family home that is perfect for first home buyers, couples, families, downsizers or the astute investor. Only 7 years young, the property is in superb order both inside and out thanks to our fastidious vendors. Walk to the local primary school, pool, golf course, Malone Park for cricket, football, netball or lawn bowls, the Marong Family Hotel and only a short drive to Marist College or into the Bendigo CBD.
Comprising of four bedrooms or three and a study, the master bedroom situated at the front of the home hosts both walk-in robe and ensuite that's complete with shower, vanity, toilet and heat lamps for the cooler mornings. The remaining 3 bedrooms at the other end of the home have built-in robes and share the second sparkling bathroom that includes a bath, shower and vanity. A separate toilet is nearby for convenience.
Beautiful timber flooring adorns the kitchen/dining/living area with the well-equipped kitchen being stylish and practical, offering stainless steel electric oven, cooktop and dishwasher. The kitchen also has a built-in pantry, good amount of cupboards, pot drawers and a huge 4 metre long breakfast bar, ideal for casual meals.
This space also hosts a dining and living area with a glass sliding door that leads out to the huge (9.5m x 4.8m) undercover alfresco space which will be perfect for entertaining your family and friends with summer just around the corner! A spacious carpeted lounge lies at the front of the home. Gas ducted heating, refrigerative cooling and a split system keep the home comfortable throughout the seasons.
Stepping outside, there is a backyard with room for the kids to play and plenty of space to entertain. A double auto garage with direct internal access and a rear roller door providing access the yard, completes the package.
A very appealing home, in excellent order, inside and out. With nothing to do but move in and enjoy, this home is ready to call your own! Call Darren today to arrange an inspection.
Listing description written by Darren Waters, PH Property — reproduced as published, not verified by Districts.