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 › Sheers Rd
5
Bedrooms
2
Bathrooms
0
Car spaces
424,879.456 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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Mirboo North (last 5 years) with land size have a median of $10/m² of land (n=11). 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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Elders Real Estate Leongatha/ Korumburra"Highview Farm" is a diamond in the rough just waiting for the magic to happen. An ideal lifestyle property fully set up as a working farm for cattle and is a perfect retreat situated in a secluded valley with a house at lock-up stage which is waiting for your finishing touches.
"Highview Farm" comprises of approx. 105 acres which is an interesting mixture of undulating to rolling country plus some hill areas with spectacular views as far as the eye can see. With a stunning array of deciduous trees and many other mature trees which provide excellent shelter for stock, bird and wildlife. Paddocks have been divided and fenced to enable pasture and grazing management. In addition to high, reliable annual rainfall, the property has numerous dams, springs, creek or troughs to all paddocks. Plus, hay/machinery shed and excellent cattle yards. The land is currently leased.
Upon approaching the property down a sweeping private driveway, you come across the house and those breathtaking views and start to see the dream formulating right before your eyes. The house has had a great start with a quality build to lock-up stage and you could finish it off as equally grand as it started. Stepping foot through the front door into an impressive and spacious entryway, the master suite is off to the North East wing and huge with French doors out to the deck, a spacious ensuite roughed out for a spa, double shower and his/hers wash basin plus a WIR girl's dream about. Separately off to the West wing is 4 additional large bedrooms all with built-in robes plus powder room, bathroom and the West wing living area. To the centre and heart of the house is an open plan living, dining and kitchen area that gives you goosebumps when you take in the possibilities of this space, with the high raked ceilings, stackable glass sliding doors, expansive windows and your own private view of an ever-changing country landscape. A mezzanine level above this area is available to make the dreamiest office / work from home space. In front of this area is an expansive outdoor undercover deck area with open fireplace and just waiting to be filled with people, warmth and laughter.
The opportunities at "Highview Farm" are endless, what can't you do here, is more the question! Ever dream of running a cooking school or some other type of country stay type accommodation or maybe you just want to savour this special place for yourself and your family. Ever wanted to set-up eco-cabins for tourist accommodation (STCA), well we can point out the most ideal spot on the property to do so. Also, situated close to the house is an (overgrown) orchard with mature heritage fruit trees which has all the right bones to set-up a unique permaculture food forest'.
Very rarely does an opportunity like this present itself to the market. A property which is already off to an excellent start and just calling out for you to come and make your own mark. Positioned in a highly sought-after location 10 mins to the delightful township of Mirboo Nth, only 30 mins to Leongatha and Meeniyan, 25 mins to Morwell and approx. 2 hours to Melbourne's CBD.
Inspection is strictly by appointment only. If you would like to inspect this property or have any questions, please contact Jean O'Loughlin on 0428 571 083 or Don Olden on 0417 805 312.
Listing description written by Jean O'Loughlin, Elders Real Estate Leongatha/ Korumburra — reproduced as published, not verified by Districts.