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VIC › Maryborough › Majorca Rd

34 Majorca Rd, Maryborough VIC 3465

For saleHouse for Sale

$550,000

For sale

Asking

4

Bedrooms

2

Bathrooms

9

Car spaces

2,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000(Listing record · 23 July 2026)
  • FactLand 2,000 m²; no building size recorded.(Property record)
  • CalculationAsk is 26% above the Maryborough median recorded sale ($437,500, n=180, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maryborough's advertised median rent ($376/wk), implied gross yield would be 3.55% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$550,000

Asking · $275/m² of land

No recorded sale for this property.

Maryborough at a glance

8,231

People

$437,500

Median sale

$376/wk

Median rent

4.47%

Suburb gross yield

Median sale from 180 recorded sales (last 12 months) — a Districts calculation.

See the full Maryborough report →

Vs Maryborough

+25.7%

Median sale

Suburb $437,500

-0.92 pp

Gross yield

Suburb 4.47%

Suburb median $437,500 from 180 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$550,000
Stamp Duty (Victoria)
$28,070
Transfer/Registration Fee
$1,391
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$583,161

$33,161 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Maryborough's advertised median rent — not a rent for this listing.

Net yield
2.05%
Annual cashflow (pre-tax)
$-17,298
Interest cover (DSCR)
0.40
Annual rent
$19,552
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
3.55%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$550,000available22 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $376/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Maryborough in one glance

Maryborough at a glance

8,231

People

$437,500

Median sale

$376/wk

Median rent

4.47%

Suburb gross yield

Median sale from 180 recorded sales (last 12 months) — a Districts calculation.

See the full Maryborough report →

Keep researching

  • Why Maryborough? Read the area thesis →
  • What else is on the market in Maryborough →
  • Other records on Majorca Rd →

Listing material

Listed by Ballarat Real Estate Maryborough

HUGE BLOCK, INCREDIBLE SHEDDING & THE ULTIMATE WORKSHOP

If exceptional shedding and workshop space are high on your wish list, this outstanding property is one you won't want to miss. Set on approximately 2,000m², this character-filled California Bungalow combines comfortable family living with an exceptional workshop setup, making it ideal for tradies, mechanics, car enthusiasts, small business operators or anyone needing serious storage and workspace.

The home offers three generous bedrooms, all with built-in robes, complemented by beautiful hardwood floors and high ceilings that showcase its timeless charm. A welcoming central lounge features a wood heater and split system, while the kitchen and dining area is well appointed with a Smeg electric oven with a five-burner gas cooktop, dishwasher and great bench space.

A separate bungalow at the rear, complete with its own shower and split system, provides outstanding flexibility as guest accommodation, a home office, studio or additional workspace.

Read the full description

Outside is where this property truly stands apart. A single and a four-car garage is complemented by an enormous 10m x 12m (approx.) insulated garage/workshop designed to handle just about any project. Featuring extra height clearance, four electric roller doors, a concrete floor, power and a vehicle hoist, it's perfectly equipped for automotive work, machinery, fabrication or running a business from home. Currently with rear access to the block, moving vehicles, trailers and equipment is effortless, while the expansive 2,000m²(approx.) allotment provides ample space for additional parking, storage or future improvements (STCA).

After a productive day in the workshop, unwind in the private undercover entertaining area with its own wood heater, overlooking the spacious, fully fenced backyard.

Conveniently located within a short distance of the Maryborough Train Station, YMCA Leisure Centre, schools and public transport, this unique property offers the perfect balance of character, family comfort and one of the finest workshop and shedding setups you'll find in town.

Contact Alisa Johnson at our Maryborough office on 0409935766.

Listing description written by Alisa Johnson, Ballarat Real Estate Maryborough — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.