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VIC › Hazelwood North › Jeeralang North Rd

240 Jeeralang North Rd, Hazelwood North VIC 3840

House

$1,100,000

Last sold

10 Feb 2022

5

Bedrooms

2

Bathrooms

8

Car spaces

13,233.221 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 $1,100,000 (10 Feb 2022).(Recorded sale)
  • FactLand 13,233 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hazelwood North (last 5 years) with land size: median $39/m² of land (n=19). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned RURAL LIVING ZONE - SCHEDULE 1 (RLZ1) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No 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

$1,100,000

10 Feb 2022 · derived via latest_sale

Local land rate: recorded House sales in Hazelwood North (last 5 years) with land size have a median of $39/m² of land (n=19). Districts calculation from recorded sales — not a valuation.

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Vs Hazelwood North

+33.3%

Median sale

Suburb $825,000

-0.62 pp

Gross yield

Suburb 2.46%

Suburb median $825,000 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

RURAL LIVING ZONE - SCHEDULE 1

RLZ1

Jurisdiction

Latrobe (Vic.)

Latrobe (Vic.), VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 5456788

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$1,100,00010 Feb 2022
  2. Listedprice unknowncompleted6 Aug 2021
  3. Listedprice unknowncompleted6 Aug 2021

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 RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 13,254 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. 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 $390/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 RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 13,254 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?

    Knownmedium

    Official parcel about 13,254 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • 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

Hazelwood North in one glance

Hazelwood North at a glance

1,526

People

$825,000

Median sale

$390/wk

Median rent

2.46%

Suburb gross yield

Median sale from 8 recorded sales (last 24 months) — a Districts calculation.

See the full Hazelwood North report →

Keep researching

  • Why Hazelwood North? Read the area thesis →
  • What else is on the market in Hazelwood North →
  • Other records on Jeeralang North Rd →

Listing material

Listed by First National Real Estate Latrobe

One of a kind property - Stunning!

TO VIEW A VIRTUAL TOUR OF THIS PROPERTY PLEASE FOLLOW THIS LINK:

https://vtc.virtualtourscreator.com.au/share/235d4d62abc8a5fcedc45afb7b6941a5

This stunning 51 square (approx) under roofline property has something for everyone with the truly awesome feature of having two houses under the same roofline or use as one large family home. Ideal for either elderly parents or a large extended family. This property also offers extensive shedding for work, play or business run from home, the possibilities are endless! Beautiful rural views from the rear of the property overlook a fully fenced paddock ideal for a horse or other livestock. No expense has been spared on the extension and remodelling of the residence and shedding to improve the living and lifestyle this property has to offer!

Read the full description

This is an amazing opportunity to purchase a truly unique home set on 3.27 acres (approx) located in popular Hazelwood North, and is only a very short distance and drive from Traralgon, Morwell, Churchill, and the Monash Freeway. This home is sure to surprise upon inspection with it's long list of inclusions, presentation and great country location for rural living.

Main Home

● Consists of three good sized bedrooms and large study area which could be used as a formal dining room or second living area

● Newly updated custom kitchen with dish washer and quality electric appliances, Smeg island range hood, double sink, and plenty of draw cupboard space

● Formal lounge room and large dining area or family room

● Bathroom in main home consists of a bath, shower, and large vanity

● Large fully enclosed outdoor entertaining area overlooking the rear views of the property.

Second Home

● Consists of a extra large main bedroom with large full ensuite, consisting of an extra large shower, corner spa bath, toilet, and large WIR with shelving

● Second bedroom, playroom or use a second study

● New kitchen with dish washer and quality electric appliances, Schweigen range hood, large double sink, and plenty of cupboard space

● Large open plan dining and lounge / living areas take in the view behind the property

Other features include

● Warmed by gas ducted central heating throughout both homes

● Two reverse cycle air conditioners in main home, one in the second home

● The entire building has been fully repainted and has quality floor coverings throughout both homes, including new internal window blinds throughout

● New exterior roller shutters to aid in cooling, heating, and security

● Oversized double garage under roofline with double internal access

● 5kw (approx) Solar panel system keeping the electricity costs down

● CCTV Security camera system throughout the building and main shed

● Town water with rain water tank from shed feeding paddock livestock trough

● Circular driveway with lovely established gardens extensive lawn areas

Extensive Shedding

● New main 20 x 9 Colorbond shed consists of 5 bays with 3.6 metre high walls, is fully insulated and lined with industrial strength concrete, two post 4 tonne hoist, 3 x remote controlled roller doors, games room / workshop with split system air conditioner, two phase power, telephone and internet connected

● Second 13.8 x 8.5 Colorbond shed consists of 3 bays with duel high clearance sliding doors, new LED lighting, water and toilet, mezzanine storage area, and two phase power.

Listing description written by Laurie Eddy, First National Real Estate Latrobe — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Shed

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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.