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 › Railway Rd
$885,000
Last sold
15 Nov 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
2,150 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
$885,000
15 Nov 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
+91.8%
Median sale
Suburb $461,500
-2.33 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 Stockdale & Leggo Mirboo NorthEmbrace the peace and serenity offered by this 4-bedroom, custom-designed home nestled upon an expansive 2150m allotment with dual access. Overlooking tranquil forest, this impeccable property is perfectly positioned to the Grand Ridge Rail Trail, and all that's on offer in the thriving township of Mirboo North.
Constructed in 2020 by a highly regarded local builder, the elegant abode was designed and orientated to capitalise on the breathtaking rural outlook. No expense has been spared, with high end finishes, plantation shutters, double glazed windows, ducted heating and cooling and quality workmanship throughout.
Step inside to discover spacious interiors bathed in natural light. The inviting formal lounge/ cinema room at the front of the home was designed to contain noise, providing an intimate space to unwind or entertain.
Boasting calming views, the commodious open plan kitchen, dining and living with gorgeous, raked ceiling is North facing and warmed by a cosy wood fire, displaying sizeable glass sliding doors which open on to an expansive back deck providing seamless flow between indoor to outdoor living.
The stylish kitchen is well appointed, flaunting Caesar stone benchtops, dual electric ovens, an induction stove top, dishwasher and an enormous butler's pantry complete with sink, bench space for meal preparation and overheads. Whilst the neutral colour palette reflects timeless beauty, the sprawling island bench is ideal for casual dining.
The home affords three spacious and light filled bedrooms towards the front of the home. Showcasing BIR's, ceiling fans and TV points, they are serviced by the centrally located bathroom with a bath, shower, and modern vanity. Conveniently, the toilet is separately located off the hall, along with ample storage.
Providing parents with their own sense of solitude and seclusion, the grand master suite is found at the rear of the home, enjoying a generous walk-through robe and spa like ensuite complete with a deep, freestanding bath, luxurious walk in shower, modern vanity, stunning views and separate toilet. Completing this idyllic space, is your private entrance onto the deck, perfect for enjoying a morning coffee or an evening glass of wine amidst nature.
Externally, a bitumen driveway flanked by vibrant Ornamental Pears, supplies access off Baromi Road to the large double garage with remote door and direct access to the home via the laundry.
Fully fenced and secure for pets and children, the backyard provides minimal maintenance and established gardens flourishing with Chinese Elms, Ornamentals and Magnolias, further enhancing the outlook from the elevated back deck that is perfect for entertaining. Rear lane access with a stone drive, supplying flexibility for supplementary storage to be added.
Immerse yourself in nature at 26 Railway Rd, where every detail has been carefully curated to elevate your lifestyle. Enquire today!!
Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.