Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Mirboo North › Peacock St
$660,000
Last sold
31 July 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
626 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
$660,000
31 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Mirboo North (last 5 years) with land size have a median of $584/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Mirboo North
+43.0%
Median sale
Suburb $461,500
-1.46 pp
Gross yield
Suburb 4.86%
Suburb median $461,500 from 14 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 $431/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
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Paragreen Real EstatePositioned in a sought-after quiet street in the township of Mirboo North and only a short easy walk to the shops, recreation reserve, churches and rail trail, this well maintained home is ideal for any family, retiree or young couple.
North facing and custom-built on a 626m2 allotment, this modern rendered/brick home has a colour bond roof, double-glazed windows and boasts style and functionality. This home has three generous sized bedrooms with the master having a large walk in robe, shade/block-out blinds and ensuite that comprises of a walk-in-shower, toilet and vanity. There are built in robes in the other two bedrooms. The forth bedroom/study also has a built in robe.
The home also features open plan living that incorporates a spacious light filled north facing lounge with shade/block-out blinds and surround sound speakers, that is easily accessible to the kitchen and family/dining room that has polished hardwood timber floors, solid fuel heating and a reverse cycle air conditioner. The modern kitchen boasts electric cooking, a walk in pantry, dishwasher and breakfast bar. From the family/dining room you can walk out onto the covered rear porch area complete with ZipTrak blind or continue down to the full length decking area with shade sails and built in seating ideal to entertain or just enjoy the sun and outdoors.
Other internal features of the home include the spacious main bathroom that consists of a deep bath, walk-in-shower, vanity and linen cupboard. There is a separate toilet with vanity and a generous sized laundry with built in cupboards and benches with an outside access door. Throughout the home there is ample storage with a number of linen closets and an additional comfort the home has to offer is central heating and refrigerated cooling throughout. Attached to the home is a large double garage with remote door, workbench area, storage cupboard and shelving, rear access as well as internal access to the kitchen.
Externally, the home boasts established gardens, wood shed, garden shed, large folding clothes line, 5.4kw solar panel system with Fronius inverter and the home is fully fenced with rear access via a hardwood timber side gate.
A complete home that is low maintenance and set up for functionality and entertainment and also perfect for those wanting to lock up and head away, with room to store the caravan as well. This home has a very spacious, warm and comfortable feel and is well worth an inspection.
Listing description written by Justin Wightman, Paragreen Real Estate — reproduced as published, not verified by Districts.
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