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 › Grand Ridge East
$570,000
Last sold
16 June 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
977 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
$570,000
16 June 2025 · 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=61). 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
+23.5%
Median sale
Suburb $461,500
-0.93 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 Area Specialist SolutionsIt's Addressed:
Discover this beautifully presented, well-maintained 3-bedroom, 2-bathroom brick veneer home set on a generous approximately 977m² (just shy of a quarter-acre) sloping block. Perfectly suited for families, investors, first-time buyers, or retirees seeking space and comfort, this home offers a warm and inviting atmosphere with thoughtful design features.
Key Features:
Front Living & Primary Suite: A formal style living area at the front of the home captures the gorgeous eastern morning sun and the stunning western sunset. The living room is equipped with a reverse cycle air-conditioner and a ceiling fan for year-round comfort. The primary bedroom boasts an ensuite and a walk-in robe, providing a private retreat.
Central Kitchen & Meals Area: The compact yet functional kitchen features electric cooking appliances & laminate benchtops. Sliding doors lead out to a large, north-facing undercover entertainment area—perfect for outdoor gatherings and relaxing evenings.
Additional Bedrooms & Main Bathroom: Two further bedrooms with built-in robes share a central bathroom and a separate toilet, making family living convenient. A small, separate laundry adds to the practicality of this home.
Quality Finishes & Practical Layout: The home features comfortable carpets in the bedrooms and living area, floating floors throughout the main living spaces, and tiles in wet areas, creating a clean, modern feel.
Outdoor & Vehicle Accommodation: The backyard boasts a double car shed with one automatic and one manual roller door, plus a partitioned workshop/storage space at the rear. Established bushes, fruit trees, vegetable boxes, a clothesline, and grassy areas provide plenty of outdoor enjoyment. Wide side access on both sides allows for additional vehicle storage.
Prime Location: Less than 700 meters from Mirboo North’s vibrant village hub, with cafes, takeaway outlets, pubs, gift shops, and IGA supermarket. Close to the Grand Ridge Rail Trail, the recreation reserve, golf course, and both primary and secondary schools—this home offers convenience and lifestyle in one.
This delightful property is ready for inspection. Whether you're settling in, investing, or looking to downsize, don’t miss the opportunity to make this home yours.
Contact Matt Redmond from Area Specialist today to arrange a private viewing or visit an upcoming open home!
For more Real Estate in Mirboo North contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Matt Redmond, Area Specialist Solutions — reproduced as published, not verified by Districts.
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