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.
$800,000
Last sold
24 July 2020
4
Bedrooms
2
Bathrooms
4
Car spaces
254,951.955 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
$800,000
24 July 2020 · derived via latest_sale
Local land rate: recorded Rural Property sales in Marong (last 5 years) with land size have a median of $8/m² of land (n=4). 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
+17.6%
Median sale
Suburb $680,000
-0.55 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 Expert Real Estate2km from the Alternate Calder Highway and bordering the Forest on Edwards Road you will find your Farming Heaven... with an astute eye on the future.
Set on 63 acres approx, with two dams, a huge 13 ML and a 1 ML plus 2.6 ML water rights. This property was once a commercial Chook farm and so has massive shedding and the original elevated pens etc. These could make substantial horse stables and stock yards or machinery sheds.
There are 6 main paddocks for feed/grazing and 2 bush blocks separate from the house paddock and main shed area. There is a large 30' X 50' shed with concrete floor, power and sliding doors close to the house as well as a garage shed.
The two storey A-frame house has an attic and full width balconies front and rear enjoying relaxing rural views.
- DOWNSTAIRS provides a lounge, dining, kitchen, bathroom, bedroom, powder room and laundry while UPSTAIRS offers further living areas, main bedroom (WIR & ens) and two further bedrooms (or one and a study).
On the ground floor, the kitchen has a dishwasher, gas hotplates with rangehood, wall oven with separate grill, handy servery to the dining area and a large walk-in pantry. A ceiling fan, wood heater, reverse cycle split system and large picture windows give pleasure to the lounge room. In warmer weather the home receives comfort from ducted evaporative cooling.
There is a powder room, bathroom with vanity, bath and shower and an adjacent bedroom with built-in robe and picture windows. A walk-in linen cupboard is adjacent to the large, tiled laundry which has external access. There is also internal access from the under-roof, brick tiled triple carport.
- UPSTAIRS provides a second living room with large windows, while an additional living area has built-in storage, a sink, ceiling fan and balcony access. Offering attractive views, the large main bedroom has an ensuite, walk-in robe and a wall of windows with glass sliding door access to the balcony. This balcony has a pull-down ladder for access to the attic room, plus an access ladder to tne ground. An additional two small bedroom/office rooms complete this floor.
3 kw of solar panels stand near the two in-ground concrete rainwater tanks (90,000ltrs), there is also a dog run and the fenced and netted vegetable area with 5 raised garden beds to provide you with fresh vegies very day.
Shedding includes a large high span open side machinery shed, fully enclosed machinery shed with concrete floor, and an open front machinery shed with a closed concrete floor workshop area.
This is a unique property positioned inside Bendigo's city limits but feels purely country. Enjoy the lifestyle, benefit from the exceptional position, enjoy the amenities offered and perhaps update and improve the home now or down the track. Possibly subdivide in the future S.T.C.A..
Schools, medical centres and shopping etc are not far away with Marong or Maiden Gully just 5 minutes approx and Bendigo CBD 15 minutes drive.
Property Code: 947
Listing description written by Rick Bingle, Expert Real Estate — reproduced as published, not verified by Districts.