Marong at a glance
2,165
People
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
$870,000
Last sold
13 Jan 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
630 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
$870,000
13 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $914/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Marong at a glance
2,165
People
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Marong
+27.9%
Median sale
Suburb $680,000
-0.81 pp
Gross yield
Suburb 3.68%
Suburb median $680,000 from 23 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
$680,000
Median sale
$481/wk
Median rent
3.68%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PH PropertySituated in the newly established part of Marong Run Estate and set amongst other contemporary builds is this superb Murray Wearne built home that instantly oozes quality and style. Showcasing the modern construction trends, personal touches and signature techniques that the builder has become renowned for, the home is less than twelve months old and presents immaculately! Literally brand new, you would not be able to find land, build and establish this home for the asking price, meaning it is exceptionally good value!
This appealing turnkey product ensures the buyer is left with absolutely nothing to do but move in and enjoy, with vacant possession available immediately. Curb side appeal is always on point when it comes to a Murray Wearne build, and this home is no exception! Striking recycled red brick contrasts beautifully when blended with monument cladding and raw timber elements. This aesthetically pleasing theme continues inside with more timber highlights throughout and a neutral palate that is timeless. Some features include signature cathedral ceilings, skylights over main living/dining and ensuite, zoned reverse cycle refrigerated ducted heating and cooling, double glazed windows, square set cornice, and much more.
The floor plan is super comfortable, with refined spaces and quality fixtures and fittings adorning throughout. The efficient design maximises northern light and practicality, and will easily house a young family or a downsizing couple alike. Four bedrooms complete accommodation, three with built in robes whilst the master is complete with gorgeous barn door to ensuite and walk in robe. The main bathroom includes both shower and bath, whilst the laundry offers plenty of bench and cupboard space, as well as access to a private sheltered courtyard to hang the washing.
So much natural light beams through an abundance of windows, and lovely vinyl timber look planks flow throughout under foot. There are separate living zones to enjoy – a cosy carpeted lounge the branches off the main hallway, which meanders past views of the external courtyard and feature tree and opens out to the stunning open plan kitchen/living and dining area underneath soaring cathedral ceilings. This wonderful space has many features (including well placed study nook), but your eyes are immediately drawn to the focal point of the room which is the feature colour panel wall at the end with ambient electric log fireplace – such a warming space to relax and unwind! The kitchen boasts all the mod-cons, including walk in pantry with built in cabinetry, island bench with waterfall benchtops and feature panelling, 900mm induction cooking appliances, dishwasher, double fridge space and bonus built in buffet.
Outside is equally as refined and impressive. Nothing is left for the new owner to do as the grounds of the 630m2 (approx.) allotment have been meticulously landscaped and lush green turf is well established front and back. There is side access to the rear of the property for a vehicle or perhaps a caravan if you own one, and also to access the 6m x 4m (approx.) shed with concrete floor and power. Outdoor relaxing and entertaining is well afforded thanks to the covered alfresco area with outdoor kitchen area and separate spaces for dining and lounging. Rapid growing trees will provide shade and privacy in the not too distant future, whilst garden beds front and back have been planted out with room to still add your favourite plant is you wish.
This incredible stylish modern build once again epitomises everything you want in a custom quality home, and from a builder that continues to raise the bar in style and design with everything they produce, you know you are going to be extremely satisfied. Call now, as these home do not usually last long!
Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.