Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
VIC › Mirboo North › Farmer St
$607,000
Last sold
18 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,370 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
$607,000
18 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Mirboo North (last 5 years) with land size have a median of $584/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Mirboo North
+31.5%
Median sale
Suburb $461,500
-1.17 pp
Gross yield
Suburb 4.86%
Suburb median $461,500 from 14 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 $431/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
Mirboo North at a glance
2,214
People
$461,500
Median sale
$431/wk
Median rent
4.86%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo Mirboo NorthSitting on a sprawling 1370m2 allotment in the heart of picturesque Mirboo North, this gorgeous four-bedroom cottage has been lovingly updated, complimenting irreplaceable charm of eras gone by with modern conveniences.
Beyond the delightful cottage gardens complete with, Standard roses, a blossoming Crab-apple Tree and Camellias, an inviting front porch welcomes you on arrival.
Upon entering the home, you are greeted by a wide entrance that opens onto the formal lounge room, boasting original Hardwood floors, decorative cornice and double hung timber windows that flood the room with natural light whilst allowing the front gardens to be enjoyed from inside. These charming period features continue throughout the home, ensuring the homely feeling is consistent from one room to the next.
Warmed by a cosy wood fire with the backup of a split system, this enchanting space flows onto the dining area where an ornamental fireplace and pendant lighting add a special touch of class to the room.
Stepping through to the charming kitchen, the original brick fireplace is the focal point of the room. Complete with original timber cabinetry, dishwasher, pantry and a generous Caesarstone island benchtop, this home is ideal for casual dining and entertaining.
Under the original roofline, the home affords three spacious and light filled bedrooms (two with BIR's and ceiling fans) and are serviced by a central bathroom. The laundry is accessible off the kitchen, providing direct access outside and a third toilet. Storage is plentiful with a linen closet provided in the hallway and additional storage in the laundry. Heating and cooling have been well considered with ducted heating supplying an added option for families on those chilly winter days.
The late 70's saw an extension to the property which has since been fully and lovingly renovated. Delivering a sizeable 4th bedroom with ceiling fan serviced by a spacious and modern bathroom showcasing a walk-in shower and modern hung vanity with above counter sink. Walking through to a second kitchen and open plan living space which displays polished hardwood floors, a neutral colour palette, split system and double-glazed doors that open seamlessly onto the back yard, allowing the calm outlook and natural light to penetrate the room.
This additional space would make an exceptional teenage retreat, a quiet home office or a private abode for visiting family. Alternatively, with a separate entrance, there is the potential to rent this fully self-contained studio for additional income.
Stepping outside, the expansive back yard is every green thumb's dream with the perfect balance of established trees and lush lawn, complimented by the addition of raised vegetable beds, fruit trees and a chicken coop with run.
Beautifully nestled amongst minimal maintenance gardens, on a quiet street, this character-filled home is conveniently positioned only a stone's throw from Mirboo North Primary and Secondary schools, as well as the vibrant main street of Mirboo North. Move in ready properties like this are rare, don't miss out this great opportunity. Enquire today!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.