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VIC › Clarinda › Merrigum Cres

39 Merrigum Cres, Clarinda VIC 3169

House

$1,075,000

Last sold

2 Feb 2024

3

Bedrooms

2

Bathrooms

5

Car spaces

594 m²

Land

132 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,075,000 (2 Feb 2024).(Recorded sale)
  • CalculationLand 594 m² against a 132 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Clarinda (last 5 years) with land size: median $1,739/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$1,075,000

2 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Clarinda (last 5 years) with land size have a median of $1,739/m² of land (n=60). Districts calculation from recorded sales — not a valuation.

Clarinda at a glance

7,478

People

$1,052,500

Median sale

$574/wk

Median rent

2.84%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Clarinda report →

Vs Clarinda

+2.1%

Median sale

Suburb $1,052,500

-0.06 pp

Gross yield

Suburb 2.84%

Suburb median $1,052,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,075,0002 Feb 2024
  2. Listedprice unknowncompleted12 Jan 2024

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 $574/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

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

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

Clarinda in one glance

Clarinda at a glance

7,478

People

$1,052,500

Median sale

$574/wk

Median rent

2.84%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Clarinda report →

Keep researching

  • Why Clarinda? Read the area thesis →
  • What else is on the market in Clarinda →
  • Other records on Merrigum Cres →

Listing material

Listed by Professionals Lyndhurst

COSY FAMILY HOME IN SORT AFTER PRIME LOCATION

Price range: $895,000 --- $984,500 (fixed date sale now been brought forward to Monday 29th January 2024 by 6pm or earlier by agreement)

Charming 3-bedroom house is nestled in the tranquil neighborhood of Clarinda. This cozy family home is perfect for those who seek a peaceful and serene lifestyle. Thoughtfully updated and reimagined, this residence is built on spacious land, providing ample space for outdoor activities for kids and pets to play in or for the garden loving person with low maintenance landscaped zones including firepit and Zen Garden.

Property is also equipped with a single lock-up garage and 4 open parking spaces, ensuring that you never have to worry about parking space. The house boasts recently updated 3 bedrooms, master bedroom with renovated full ensuite, 2 toilets and

Read the full description

renovated bathroom which is perfect for a small family or a couple who needs extra space for guests or a home office. The 2 bathrooms provide a comfortable and relaxing experience, one with a large spa bath to unwind.

The house is also equipped with two spacious living rooms, open plan kitchen and dining area sprawling onto a generous new decking which is perfect for family gatherings and entertainment. Overall, this beautiful house is perfect for those who seek a peaceful and serene lifestyle with functionality to entertain. The property is located in a prime location, providing easy access to educational facilities including private and public schools and Monash University. Leading health facilities of Monash Hospital, Holmesglen Private & Moorabbin Hospital, boundless parks, public transport and endless shopping with Chadstone, IKEA homemaker Centre, Costco, Moorabbin DFO and Southland within close proximity. Sporting facilities abound and include Duncan McKinnon Park, GESAC, Waves and for golf lovers you have access close by to 4 renowned golf courses.

Property owners have also just had the home freshly painted inside the whole property and outside as well and new front fence.

Additional features included in home are zoned ducted heating and refrigerated cooling, split A/C in bedroom 1 and Gas wall furnace. Kitchen has also been renovated and features stainless steel appliances and dishwasher.

Hurry in and contact selling agents Neetish and Carlton for any further information before you miss out as this property will sell fast being in the sort after Clarinda location!!!

Please note (Photo ID is required before inspection this beautiful property when attending the open home is the company policy for Professionals Lyndhurst)

Please note more Open Homes until further notice sorry for any inconvenience.

Listing description written by Neetish Kumar, Professionals Lyndhurst — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Secure Parking
  • Toilets: 2
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.