Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
VIC › Nyora › Mitchell St
3
Bedrooms
1
Bathrooms
1
Car spaces
1,058 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Nyora (last 5 years) with land size have a median of $157/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
COMMERCIAL 1 ZONE
C1Z
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.
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
VICZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 1,038 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 1,038 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 12. 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
No advertised rent is recorded. Suburb median rent $483/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 COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 1,038 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 1,038 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 12. This overlay can reduce what the land size appears to promise.
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
Nyora at a glance
1,621
People
$926,000
Median sale
$483/wk
Median rent
2.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant KorumburraIntroducing a truly unique and historically significant property in the heart of Nyora, where opportunity and potential converge. This character-filled 3-bedroom, 1-bathroom home with potential shop frontage offers a glimpse into the past with its rich history as the Nyora Post Office for an impressive 75 years.
Nestled on a generous 1/4-acre corner block, this property is teeming with potential and is a testament to the charm and heritage of this vibrant community.
Residential Charm: The 3-bedroom, 1-bathroom home exudes character and timeless appeal. The kitchen has been thoughtfully updated for modern convenience, offering a blend of history and contemporary living. A spacious living room provides ample space for relaxation, while the bedrooms offer comfortable accommodation with the potential for further customization. A bathroom completes the living space, featuring the comforts of today while retaining the charm of yesteryears. With a large living space, and the old shop front currently fitted out as a second lounge, there is plenty of room to move.
Shop Frontage with Business Potential: The property's true gem lies in its shop frontage. Zoned for commercial use, it presents a remarkable opportunity for entrepreneurs and small business owners. The shop's storefront, with large windows and an inviting presence, is an ideal space to showcase your business or services. It offers separate access, allowing for the simultaneous operation of a business while maintaining the privacy and tranquility of the residential quarters. The corner location provides excellent visibility and accessibility, making it an excellent choice for those looking to attract local and passing trade.
Historical Significance and Community Ties: For those who appreciate history, owning the former Nyora Post Office, with its 75 years of service to the community, is a unique privilege. The rich historical significance of this property creates a sense of connection with the vibrant community, offering the chance to be a part of Nyora's continuing story.
Not interested in the shop front, or running a business? Then appreciate the home for what it is, move in, relax and enjoy.
Please Note: This property is currently tenanted so images are not reflective of current stying. Minumum notice periods apply.
Listing description written by Joanne Gillard, Barry Plant Korumburra — reproduced as published, not verified by Districts.