Thologolong at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Thologolong › Murray River Rd
$1,650,000
For sale
Asking
1
Bedrooms
1
Bathrooms
4
Car spaces
1,545,899.153 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
Asking
$1,650,000
Asking · $1/m² of land
No recorded sale for this property.
Thologolong at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$98,064 on top of the price (5.9% extra)
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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Thologolong at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Elders Real Estate WodongaSet within the picturesque lower reaches of the Upper Murray, this is an exceptional opportunity to secure 382acres (approx) of productive grazing country with scale, versatility and outstanding rural appeal with a further approx 300 acres of leased land. Combining quality hill country, dependable water and excellent infrastructure, the property also features the beautifully restored Bungil Schoolhouse-adding both charm and flexibility to an already impressive holding.
Location |
Enjoy the peace of country living without sacrificing accessibility, conveniently positioned approximately:
55km to Albury/Wodonga via Murray River Road (approx. 50 minutes)
42.6km to Tallangatta (approx. 37 minutes)
382km to Melbourne via the Hume Freeway (approx. 4 hours)
560km to Sydney (approx. 6 hours)
Land |
Comprising strong grazing country with a substantial grazing lease in place, the property is predominantly cleared and well suited to livestock production. Featuring native pasture throughout, along with areas of improved pasture, the landscape includes gently undulating to elevated country with excellent drainage. Historically utilised for beef cattle and ewe-and-lamb production, the land offers proven productivity and versatility.
Fencing & Paddocks |
The property is divided into six main paddocks, each with dependable water access. Fencing has been well maintained throughout and includes wild dog exclusion fencing, offering peace of mind and practical stock management.
Bungil Schoolhouse Cottage |
A true standout feature of the property is the original Bungil Schoolhouse, thoughtfully refurbished into a warm and welcoming one-bedroom cottage. Full of charm and character, it provides comfortable accommodation ideal for weekend stays, worker's quarters, guest accommodation, or a place to live while planning and building a future home (STCA).
Water |
Reliable water is a major asset here, with supply sourced from multiple springs and catchment dams spread across the property. A quality bore services a storage tank, providing gravity-fed water to the cottage and surrounding improvements.
Improvements |
Well set up for agricultural use, the property includes:
Large open-front machinery shed with space for four vehicles
Smaller lockable storage shed
Steel cattle yards with crush and loading ramp
Bore and storage tank infrastructure
Electricity connected
Septic system installed
Electric fencing infrastructure and equipment
Planning |
Zoned Rural Activity Zone (RAZ), the property offers excellent flexibility, including the potential to obtain permits for a dwelling (STCA), subject to approval through Towong Shire Council.
Listing description written by Dean Star, Elders Real Estate Wodonga — reproduced as published, not verified by Districts.