Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
$722,500
Last sold
16 Dec 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
684 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
$722,500
16 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $914/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Marong
+6.6%
Median sale
Suburb $677,500
-0.23 pp
Gross yield
Suburb 3.69%
Suburb median $677,500 from 22 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 $481/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
Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PH PropertyGet those new home feels without the hassle of finding land and building in this stylish modern abode in the popular outlying suburb of Marong. A tick under three years old but like brand new, this classy family home has the sort of added extras and appeal that sets it a level above its peers. In a newly established neighbourhood that is flush with other modern family homes, take comfort in the fact that you can literally move your furniture in and enjoy immediately with nothing more to do or spend.
Featuring a super spacious floor plan that will suit a large or growing family, modern fixtures and fittings are showcased throughout there are upgrades everywhere you look. The Marong community is very inclusive, and the location provides a short walk to the local primary school, Malone Park Recreation Reserve, and a stones throw to local Marong Pub. And don’t forget, there is a supermarket and chemist only 4 minutes drive away – as is Marist College meaning everything you need is within reach.
Four bedrooms with built in robes provide accommodation to the home, including spacious master suite boasting walk in robe and ensuite. The main bathroom and separate toilet lie convenient to the remaining bedrooms at the rear of the home, as does the laundry and built-in linen press. For your comfort, ducted heating and cooling flow throughout whilst there are ceiling fans to all bedrooms. Living space is a notable design feature of the home, with no less than four separate areas to enjoy, beginning at the front door where an expansive space is currently being utilised as a fantastic pool room. Further inside, the hallway opens to the stunning open plan section which sits underneath beautiful raked ceilings and encompasses the kitchen, dining and living area. The quality kitchen has plenty of bench and storage space, and is complimentary of all the mod cons including 900mm cooking facilities, loads of cabinetry and breakfast bar, stone bench tops, dishwasher, and large walk in pantry. The third living space lies central to the kids wing of the home and has generous built in cabinetry and storage, whilst the fourth living space is a multi-purpose indoor/outdoor room that can be opened right up to enjoy the elements or closed off to become more intimate.
Outside, the fully established and fenced 684m2 allotment offers plenty of grassed areas for kids and pets to play. Presenting a relatively easy-care lifestyle for its new owner, you wont be a slave to your surrounds here. Alfresco entertaining has been well thought of, with a covered structure that is linked internally thanks to glass doors that fold back to make the space as large or as intimate as you like. There is a garden shed to store all of your tools, a solar panel system is in place to assist with rising energy bills, whilst a double garage with auto door lies at the front to complete this very appealing package.
As good as it gets and worthy of all your attention, an inspection will be guaranteed to impress. Why bother with the hassle of finding land and building when your new home is already here and waiting for you!
Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.