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.
$670,000
Last sold
10 June 2022
4
Bedrooms
2
Bathrooms
4
Car spaces
707 m²
Land
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
$670,000
10 June 2022 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $914/m² of land (n=119). 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
-1.5%
Median sale
Suburb $680,000
+0.05 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 PropertyNot a single expense has been spared during the build of this near-new home, making it a seriously lucrative alternative to going through the pain and expense of trying to build yourself. It was built by Cavalier homes and has quality fixtures and fittings throughout and all of the upgrades you could hope for; there's a 4.62kw LG solar system with enphase micro inverter, huge shed with power and drive-through access from two sides of the property, and reverse-cycle ducted heating and cooling throughout just to name a few.
The clever floorplan provides complete separation for kids and parents, with two bedrooms (both with BIR's) tucked away at the away down the western wing of the home, serviced by their own bathroom and separate toilet. There's a fourth bedroom or large study at the front of the home, then the master bedroom is situated down the eastern wing on its own. The main bedroom has a walk-in-robe and an ensuite which has been fitted out for complete luxury, with floor to ceiling tiles and large semi-frameless shower.
There's two living areas in the home, one of which can be closed off if required, but adjoins the second living, kitchen and dining space so it can be utilised when entertaining a larger group. The large alfresco area can be accessed by both living spaces also, with sliding doors from the formal lounge and double sliders from the living and dining area.
Consistent with the quality throughout, the kitchen is fitted with all of the bells and whistles you could hope for; stone benchtops with waterfall ends on the island bench and designer appliances including induction cooktop and built-in convection microwave oven are a few of the standouts here.
Outside, the landscaping has been taken care of to a high standard, with luscious green lawns and automatic watering systems installed, concrete rendered retaining walls and garden edging to ensure durability over time. The large shed is 9m x 6m with two roller doors facing towards a set of double gates making it easy to park the boat, caravan or trailers. There's drive through access from Dorset Drive as well as Antrim Street, and both access points lead into compacted crushed-rock driveways.
The home is positioned towards the rear of the "Discover" Estate in Marong, surrounded by quality family homes in a mainly owner-occupied quiet neighborhood. It would suit a vast array of buyers – families looking for an upgrade, empty nesters wanting to be able to entertain at Christmas, and absolutely anyone who needs room to store boats, jet skis or any other toys.
Quality homes like this in near-new condition rarely last long, be sure to call Shane to discuss the next available inspection time.
Listing description written by Shane Henderson, PH Property — reproduced as published, not verified by Districts.