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VIC › Inverleigh › Mercer St

35 Mercer St, Inverleigh VIC 3321

For saleHouse for Sale

$949,000–$997,500

For sale

Asking range

4

Bedrooms

2

Bathrooms

8

Car spaces

2,224 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $949,000–$997,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $949,000–$997,500(Listing record · 5 Aug 2026)
  • FactLand 2,224 m²; no building size recorded.(Property record)
  • CalculationAsk is 8% above the Inverleigh median recorded sale ($882,250, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Inverleigh's advertised median rent ($402/wk), implied gross yield would be 2.20% — 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

$949,000–$997,500

Asking range · $427/m² of land

No recorded sale for this property.

Inverleigh at a glance

2,069

People

$882,250

Median sale

$402/wk

Median rent

2.37%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Inverleigh report →

Vs Inverleigh

+7.6%

Median sale

Suburb $882,250

-0.17 pp

Gross yield

Suburb 2.37%

Suburb median $882,250 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$949,000
Stamp Duty (Victoria)
$52,010
Transfer/Registration Fee
$2,325
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
$1,007,035

$58,035 on top of the price (6.1% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.70%
Annual cashflow (pre-tax)
$-42,679
Interest cover (DSCR)
0.14
Annual rent
$20,904
Operating expenses
$14,235
Loan amount
$759,200
Annual interest
$49,348
Gross yield
2.20%

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$949,000–$997,500available5 Aug 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 $402/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 2.2%. 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

Inverleigh in one glance

Inverleigh at a glance

2,069

People

$882,250

Median sale

$402/wk

Median rent

2.37%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Inverleigh report →

Keep researching

  • Why Inverleigh? Read the area thesis →
  • What else is on the market in Inverleigh →
  • Other records on Mercer St →

Listing material

Listed by Stockdale & Leggo Sth Barwon/Belmont

A Tranquil Oasis with Space, Privacy & Exceptional Versatility

Set on an impressive 2,224m² allotment with dual access via Napier Street, this is a beautiful home offering an enviable combination of space, privacy and lifestyle.

This is a property where you can truly close the door behind you and leave the noise of the world behind. A home that feels generous without being overwhelming, private without feeling isolated and beautifully suited to both family living and entertaining.

The home welcomes you with formal and open-plan living areas, offering plenty of space for everyday life while allowing everyone to come together when entertaining. At the centre of it all is the large, well-appointed kitchen, creating a natural hub for family and friends. Positioned to overlook the home's expansive outdoor living area, it creates a beautiful connection between the kitchen, living spaces and the alfresco beyond.

Read the full description

The decked outdoor entertaining area is where this home truly comes to life. Framed by established surrounds and offering an abundance of space, it provides the perfect place to host, relax and enjoy the privacy of your own property. Whether it's family gatherings, children playing outdoors or simply enjoying the peace and quiet, this is an area you'll want to spend time in.

With three spacious bedrooms, the master offers an updated ensuite and walk-in robe, while the dedicated study provides excellent flexibility as a home office, nursery or fourth bedroom if required. Reverse-cycle heating and air conditioning with an impressive 8kW solar system with a 13.5kW battery add to the home's comfort, efficiency and practicality throughout the seasons.

The Bungalow - An Exceptional Addition

The separate bungalow takes the versatility of this property to another level!

Featuring a rumpus room with kitchenette and separate room, it offers an incredible amount of additional space and independence without compromising the main home.

For families with teenagers, it is an ideal retreat where they can have their own space to relax, study, entertain friends and enjoy a little independence. It is equally suited to extended family, visiting guests or those wanting a separate space for hobbies, working from home, a games room or creative pursuits.

Rather than simply being an additional feature, the bungalow significantly enhances the calibre of this property, giving you options that can adapt beautifully as your family's needs change.

Vehicle accommodation is equally impressive, with a large four car remote-control garage plus extensive off street parking, providing ample room for additional vehicles, trailers, caravans and guests.

Properties offering this combination of substantial land, generous family living, outstanding outdoor spaces, a versatile bungalow and exceptional parking are highly sought after. 35 Mercer Street is a home that needs to be experienced in person, come and discover the space, privacy and lifestyle for yourself.

Listing description written by Demi Lynch, Stockdale & Leggo Sth Barwon/Belmont — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 3
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Study
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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.