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 › Balook St
$691,100
Last sold
28 June 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
4,141 m²
Land
Districts View
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
$691,100
28 June 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Mirboo North (last 5 years) with land size have a median of $8/m² of land (n=10). 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
+49.8%
Median sale
Suburb $461,500
-1.62 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 scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
South Gippsland
South Gippsland, VIC
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 4,147 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 4,147 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 4,147 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 4,147 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 NorthNestled in an enviable location, bordering Mirboo North's Baths Rd Reserve, this character rich abode, set upon just over one acre, presents an unparalleled opportunity for those seeking a quintessential country lifestyle with the convenience of town living.
Twenty years young, the home was designed and orientated to bask in the gentle Northern sunlight and capitalise on the tranquil surrounds, ensuring the idyllic outlook can be appreciated from every angle whilst flooding the home with natural light.
Upon entering this gorgeous family home, you are greeted by two spacious living areas which exude warmth and charm, flaunting hardwood floors, decorative cornice, picture rails and lofty ceilings with intricate ceiling roses. These charming period features continue, ensuring the homely feeling is consistent from one room to the next.
Nestled between the versatile living spaces, a double-sided wood fire with a split system for back up warms the entire home, the quaint timber surrounds and double French doors that open seamlessly onto to the inviting North-facing deck add a peaceful feel to the rooms.
The heart of the home undeniably lies in the well-appointed kitchen and dining area, boasting new curtains, granite benchtops, a walk-in pantry, pressed metal splashback, and a 900mm stove for culinary enthusiasts.
Flowing flawlessly off the kitchen and dining, an elevated and protected back deck, complete with a built-in bar and claw-foot bath supplies the perfect setting for entertaining guests or unwinding in your serene surrounds.
The home affords three generous and light filled bedrooms with BIR's, with the master suite displaying a charming bay window, walk-in robe, and ensuite replete with shower, toilet and double vanity.
Centrally located, the main bathroom presents a shower and double vanity, and is conveniently complimented by a separate toilet.
Externally, the residence unfolds its allure with a circular driveway, raised vegetable gardens, fruit trees complete with water reticulation, small paddock and a securely fenced backyard for all to enjoy. Moreover, the property delivers the convenience of town water, sewerage, water tanks, solar panels, security doors and rear yard access to the sturdy steel lock-up shed with concrete floor and power, ensuring a harmonious blend of comfort and sustainability.
With a highly sought-after location and well considered design, this delightful estate encapsulates what country life is all about. Situated in the breathtaking Strzelecki ranges, Mirboo North is surrounded by lush rolling hills and forests and is found approx. 155km's southeast of Melbourne and only half an hour from the Latrobe Valley.
Our thriving community displays excellent schools, a variety of shops and boutique cafés, gorgeous parks, outdoor swimming pool, the well renowned Grand Ridge Rail Trail. Don't miss this wonderful opportunity, enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.