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.
VIC › Marong › Frankels Ln
$1,000,000
Last sold
22 Dec 2021
4
Bedrooms
3
Bathrooms
10
Car spaces
40,468.564 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
$1,000,000
22 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $917/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
+47.6%
Median sale
Suburb $677,500
-1.19 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 PropertySituated at the end of a quiet no through road and set on a beautifully established 10 acre allotment is this superb lifestyle property on the outskirts of Bendigo and only a stones throw from the growing township of Marong. Featuring a stunning residence that is refreshingly unique to the area, live the lifestyle you have always dreamed of and immerse yourself in the type of relaxed country style living that everyone is craving in these uncertain times.
Space, tranquillity and seclusion is the order of the day – your own private slice of the rural landscape to escape the troubles of the world. Boasting all the accommodation and infrastructure you could need, the property will tick all the important boxes for quality home seekers. Fall in love with the rustic character and charm of the gorgeous main dwelling – a real credit and labour of love for our vendors who are the original owners of 33 years. In incredible order throughout, the home has been well maintained, renovated and extended through the years to be presented immaculately today. Featuring soaring cathedral ceilings, exposed beams and an amazing use of natural materials sourced from the surrounding regions including recycled brick, oregan cedar, redgum and stone, the home has a wow factor and appeal that sets it apart from most of its peers.
The floor plan can equally cater for a family or provide intimacy for a couple, meaning it is suitable to either end of the market. Boasting three bedrooms plus a study (or an extra bedroom), all have built in robes whilst the spacious master suite includes its own ensuite and walk in robe. The main bathroom services the rest of the home, and boasts shower, bath, separate toilet and a style the compliments the rest of the décor. Upstairs, an enormous attic space has a multitude of possible uses, inc kids play area, storage space, extra bedroom or home office/study. An extension to the home was added in 1996, providing more living space amongst other things. Two separate areas now provide flexibility – the first overlooking the pool has a cosy wood fire and bar in the corner ideal for entertaining or a parents retreat. The second forms part of the beautiful open plan section of the home – again with a wood heater as the focal point and high ceilings above, whilst newly added spotted gum floors underfoot are simply superb. Sharing this space is the recently renovated kitchen, blending a touch of modern flair to the rustic charm. Sleek white soft close cabinetry and pantry, awesome concrete bench tops, integrated dishwasher, 900mm cooking appliances and servery window are all notable features, whilst glass sliding doors provide a seamless link to the outdoor entertaining area beyond. Completing the floor plan is the laundry at the rear, whilst split system heating and cooling units control the temperature inside.
Outside, the entire 10 acres has been wonderfully established with beautiful native gardens and a eucalypt plantation to form a barrier from the neighbours properties. A second "multipurpose" dwelling constructed in 2006 is a real eye catching extra, and is semi self-contained with a bedroom and its own bathroom at the rear, and a huge open games room/man cave/or party room at the front with polished concrete floor, split system unit and windows overlooking the natural surrounds. Lovers of alfresco dining and entertaining will be blown away with what's here, with the enormous covered structure and deck area spanning one half of the home and overlooking the sparkling pool below. Front and rear verandas provide awesome vantage points to relax, cleared paddocks are great for the kids/pets or livestock, there are two dams that hold approx 1 meg each when full, there is a 20,000gl tank for water storage, a four car carport provides covered parking, and three good sized "drive through" sheds measure 6x10m, 6x12m (concrete floor/power) and 9x10.5m (concrete floor/power) with storage room/office respectively.
This outstanding property in a tightly held area lies between the two thriving communities of Marong and Maiden Gully and is convenient most amenities including schools, supermarkets and the excellent Marong Family Hotel. All this with the added bonus of being 12 minutes drive to the major city of Bendigo. And what about the future possibility to subdivide – a nest egg worth thinking about? Invest in your new lifestyle today and get in touch to arrange a private inspection. You wont be disappointed!
Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.