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VIC › Teesdale › Merino Dr

21 Merino Dr, Teesdale VIC 3328

Rural Property

$1,405,000

Last sold

24 Apr 2025

4

Bedrooms

3

Bathrooms

6

Car spaces

12,140.569 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,405,000 (24 Apr 2025).(Recorded sale)
  • FactLand 12,141 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Teesdale (last 5 years) with land size: median $196/m² of land (n=13). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 (LDRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$1,405,000

24 Apr 2025 · derived via latest_sale

Local land rate: recorded Rural Property sales in Teesdale (last 5 years) with land size have a median of $196/m² of land (n=13). Districts calculation from recorded sales — not a valuation.

Teesdale at a glance

2,529

People

$904,000

Median sale

$434/wk

Median rent

2.50%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Teesdale report →

Vs Teesdale

+55.4%

Median sale

Suburb $904,000

-0.89 pp

Gross yield

Suburb 2.50%

Suburb median $904,000 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1

LDRZ1

Jurisdiction

Golden Plains

Golden Plains, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 202254794

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. Sold$1,405,00024 Apr 2025
  2. Listedprice unknowncompleted21 Mar 2025
  3. Listedprice unknowncompleted21 Mar 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?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 12,126 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.

What could kill that thesis?

Confidence: low

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 12,126 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. This overlay can reduce what the land size appears to promise. 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 $434/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 12,126 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

    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?

    Knownlow

    Official parcel about 12,126 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Teesdale in one glance

Teesdale at a glance

2,529

People

$904,000

Median sale

$434/wk

Median rent

2.50%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Teesdale report →

Keep researching

  • Why Teesdale? Read the area thesis →
  • What else is on the market in Teesdale →
  • Other records on Merino Dr →

Listing material

Listed by The Geelong Agency

Family Living with Pool, Shed & Separate Quarters on 3 Acres

Nathan Brown and The Geelong Agency is proud to present 21 Merino Drive in Teesdale, an exceptional home offering an expansive living area and a recently installed inbuilt pool with travertine tiling, set on approximately three acres. The home itself comprises of four bedrooms, two bathrooms and a substantial 9m x 24m shed, with an additional separate living quarters with the additional comfort of an AC split system. This residence showcases premium finishes and thoughtful design throughout.

Step inside and discover an open plan layout that highlights a chef's kitchen, complete with waterfall 40mm stone bench tops, a butler's pantry including a double undermount sink, main under mount sink, glass splashbacks, dishwasher, oversized fridge cavity, 900mm free standing electric oven with five burner induction cooktop, and soft close cabinetry. Take in a view from the kitchen window of the kids splashing about in the pool or through to the beautiful gum tree and serenity. The kitchen extends to the meals area where again the views of your backyard cannot be missed, with windows facing directly to the backyard and glass sliding doors providing access to an undercover decked alfresco. The expansive living area easily provides room for kids to play as well as ample space for adults to retreat and stay cozy by the ambient free standing wood fire.

The master suite is situated at the front of the home, offering a generous WIR and palatial ensuite with floor to ceiling tiles, oversized shower, toilet and double vanity with 40mm stone benchtops. The three remaining bedrooms located conveniently to one end of the home, all feature BIR's, ceiling fans and are serviced by the main family bathroom, separate toilet and laundry. The main bathroom retains continuity from the master ensuite with 40mm stone benchtops, floor to ceiling tiles, oversized shower and includes a built in deep set bath.

Read the full description

Comfort is ensured with zoned heating and cooling, ducted vacuum, high ceilings, tiled floors throughout the kitchen, dining, living with carpeted bedrooms. Outdoors, a merbau decked alfresco area creates the perfect space for entertaining. The substantial 24m x 9m x 5m colour bond shed is fully lined and equipped with three phase power, extra thick concrete slab, a separate recreational or living space, bedroom, bathroom and an expansive workshop ideal for any tradesperson.

Teesdale is a vibrant community and has a highly regarded primary school, Doctor's clinic, general store and Post Office. As well as some of the most beautiful walking tracks and recreational reserves for the whole family to enjoy. Situated only an 8 minute drive to the larger township of Bannockburn and 30 minutes to the Geelong CBD. This stunning property delivers quality, space, and a lifestyle to suit every need. The Geelong Agency welcomes you home.

Features to note:

- 2.7m high ceilings

- fully electric/option to add bottled gas

- ducted vacuum system

- zoned ducted heating/cooling

- solar heated inground pool

- solar with panels

- 24m x 9m shed half converted to living quarters

Utilities and services

- town water plus tank water, electricity, septic and optional bottled gas

Disclaimer:

We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Listing description written by Nathan Brown, The Geelong Agency — reproduced as published, not verified by Districts.

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.