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
$600,000
Last sold
20 Nov 2020
3
Bedrooms
2
Bathrooms
7
Car spaces
2,255 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
$600,000
20 Nov 2020 · 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=63). 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
+30.0%
Median sale
Suburb $461,500
-1.12 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 NorthSitting on just over half an acre, this expansive family home with exceptional shedding and dual access ticks all the boxes for a tradie wanting to work from home or a family with a caravan, boat and toys.
A welcoming front entrance leads you into the open plan living, dining and large kitchen that boasts, a 900m gas cook top, electric oven, large walk in panty, dishwasher, generous storage and a servery to the outdoor entertaining area. With floating floors and large windows throughout, the living areas are inviting and filled with natural light, whilst a ducted vacuum system, wood fire and electric ducted heating and cooling have been provided for convenience and to ensure your comfort year-round. A separate lounge with quality carpets provides the all-important second living space for large families.
The generous Master bedroom boasts a ceiling fan, walk through robe and sprawling ensuite with double vanity, walk in shower, toilet and heat-light and is perfectly situated at the Eastern end of the home, while the remaining two bedrooms (with BIR's) and study (or 4th bedroom) are positioned at the opposite side of the home ensuring parents have a sense of privacy and their own space. A door opening on to the back deck has been provided in the study allowing a business to be run from home without inconveniencing the family.
The main bathroom is centrally located and provides a bath, separate shower, vanity and heat-light, whilst a separate powder room is located at the end of the hall near the bedrooms and laundry which provides built in shelves and direct access.
The alfresco has been designed as an extension of the living areas, with large glass doors opening from the dining onto the generous North facing and protected back deck that boasts a ceiling fan, built-in spa, water feature and ample room to gather, making it an entertainer's dream.
Other notable features of the home include a chicken coop, raised vegie garden, lean to wood storage and a carport with rear access making it ideal for caravan storage. The 9 x 10m shed will wow you! Complete with office, toilet, woodfire, storage for parts, 2 roller doors, concrete floor and power.
This property is well considered and has been purposely designed to make the most of every square metre of the block and it's dual access off Baromi Road and Railway Road. Whilst a driveway bordered by manicured lawns provides the front entrance to the home and remote lock up double garage, the rear entrance off Railway Road provides access to the carport, shedding and off street parking for additional machinery making this an ideal set up for a tradie working from home or a large family with multiple toys.
Perfectly positioned with direct access to the popular Grand Ridge Rail Trail, walking distance to Mirboo North township, schools and parks this property is ready for you to move straight in!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.