Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Myrtleford › Merriang Rd

21 Merriang Rd, Myrtleford VIC 3737

House

4

Bedrooms

2

Bathrooms

4

Car spaces

5,598 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 5,598 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?

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

What could make it worth less?

  • FactLAND SUBJECT TO INUNDATION OVERLAY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1LAND SUBJECT TO INUNDATION OVERLAY 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

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 scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Alpine

Alpine, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5403553

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.

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 unknown7 Mar 2025
  2. Listedprice unknowncompleted16 Sept 2024
  3. Listedprice unknowncompleted16 Sept 2024

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 · LDRZ (ZN). Official parcel area about 5,610 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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: medium

99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 5,610 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. 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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 5,610 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 5,610 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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?

    Knownmedium

    Official parcel about 5,610 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

  • Lot-level flood

    Knownmedium

    99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • 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

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 Merriang Rd →

Listing material

Listed by Paull & Scollard

Quality, Location, Lifestyle

21 Merriang Road

Set on approximately 5,600 square metres of land, amongst parklike surrounds, this quality constructed 4-bedroom 2 bathroom home brick veneer home is only a short drive to the town centre.

Spacious formal and everyday living and dining areas with a centrally located and well-equipped kitchen featuring; a double electric wall oven, large walk-in pantry, dishwasher and breakfast bar with views to the large, private, well protected under cover entertaining area, from here there is access to the inground kidney shaped swimming pool.

Read the full description

The main bedroom features a walk-in robe, ensuite and parents retreat which could serve a number of purposes especially for someone working remotely from home or as a 5th bedroom. Ceiling fans throughout, a combustion wood heater and reverse cycle air conditioning

Vehicles are well catered for with a generous double garage, large carport/open bay storage area plus a lock up workshop. Town water is connected plus the property has it’s own well. The surrounds are very well established with some magnificent deciduous and evergreen trees.

A short walk to the popular swimming hole at Nimmo Bridge and being close to town on a flat easily maintained parcel of land the property is well suited to a wide range of homeowners, an inspection is highly recommended.

Disclaimer: All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details.

Property Code: 2506

Listing description written by Bernard Ivone, Paull & Scollard — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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