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 › Strzelecki Hwy
$880,000
Last sold
27 May 2022
4
Bedrooms
2
Bathrooms
3
Car spaces
19,627.254 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
$880,000
27 May 2022 · derived via latest_sale
Local land rate: recorded Rural Property sales in Mirboo North (last 5 years) with land size have a median of $8/m² of land (n=10). 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
+90.7%
Median sale
Suburb $461,500
-2.31 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 NorthPrivately set back overlooking surrounding farmland and vibrant manicured gardens, whilst boasting over 260m of river frontage, this immaculate four-bedroom brick home sits on 4.85 tranquil acres and is ideally positioned only 5 minutes from the thriving community of Mirboo North.
Stepping inside from the protected front verandah, the entry is inviting with an archway opening to the expansive lounge that features a split system and woodfire with brick feature wall and timber mantel to keep you cozy in winter and a wood box for convenience. A large window floods the room with sunlight and allows the views over the front yard to be appreciated from the comfort of your couch, whilst a glass sliding door opens to the protected patio with built in BBQ, forming the all-important connection between indoor and outdoor living.
Showcasing a beautiful outlook over the expansive lawns and impressive gardens on both sides, the updated country kitchen/dining is charming and well considered, complete with dishwasher, electric oven, gas cooktop, hardwood cabinetry and a ceiling fan over the dining area.
The home presents four spacious and light filled bedrooms (three with BIR's), with the Master offering a walk-through robe, BIR and Ensuite with shower, vanity, and heater. Centrally located, the main bathroom provides a bath, shower, vanity, heater, and separate toilet. The adjoining laundry is generous in size with broom closet, overhead cupboards, and direct access outside.
From the minute you arrive at the property, it's evident that this one is something special. Little Morwell River meanders through the two front, well fenced paddocks, that provide water and plenty of feed for a few cows or horses. Lovingly maintained gardens with Canadian Redwood, Atlantic Cedar, Camellias and Azaleas encircle the home, providing privacy and a sense of peacefulness. Whilst the perfectly placed water feature, swing set, gazebo, fenced vegie patch and seating area, to stop and appreciate the views provide a real feeling of home.
Externally the property features a 4.5KW solar system to help reduce your bills, garage with concrete floor and power that is attached to the house, garden shed, chicken coop, good fencing and a 7.5 x 6m shed with power that provides ample room for caravan or boat storage. Water is plentiful, with the river frontage, a 5000L tank for watering the gardens and town water connected to the property.
This beautifully presented home really is the idyllic lifestyle property you've been waiting for. Enjoy the luxury of space and serenity that living out of town affords, with the convenience of bin collection, the school bus available and all only a short drive from town amenities.
Come and discover the delights of our picturesque community nested amongst the Strzelecki Ranges. Showcasing excellent schools, a variety of shops and boutique cafés, gorgeous parks, outdoor swimming pool, the well renowned Grand Ridge Rail Trail and the award-winning Grand Ridge Brewery, Mirboo North is your perfect country getaway, only 155km's southeast of Melbourne and half an hour from the Latrobe Valley.
Don't miss the opportunity to secure your dream lifestyle escape! Enquire today!
Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.
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