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VIC › Mannerim › Princess St

417-419 Princess St, Mannerim VIC 3222

For saleRural Property

$1,450,000–$1,550,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

20,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000–$1,550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000–$1,550,000(Listing record · 22 July 2026)
  • FactLand 20,200 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$1,450,000–$1,550,000

Asking range · $72/m² of land

No recorded sale for this property.

Mannerim at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Mannerim report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,450,000
Stamp Duty (Victoria)
$79,750
Transfer/Registration Fee
$3,497
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,536,947

$86,947 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

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.

Open the full yield calculator →

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. Listed$1,450,000–$1,550,000available22 July 2026

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?

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.

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.

0 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

    Unknown

    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.

  • 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

Mannerim in one glance

Mannerim at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Mannerim report →

Keep researching

  • Why Mannerim? Read the area thesis →
  • What else is on the market in Mannerim →
  • Other records on Princess St →

Listing material

Listed by Bellarine Property

Space, Serenity & Small Acreage Appeal

The Feel:

Set on a flat and functional 5-acre allotment, just a five-minute drive to the Drysdale township and close to the local schooling hub, this three-bedroom residence is perfectly positioned to enjoy the best of coast-meets-country living. Thoughtful updates throughout – including to the stone-topped kitchen and both bathrooms – make the home genuinely move-in ready, while also offering exciting potential for those with future plans in mind. A converted garage with wood fire adds valuable second-living potential, complemented by the practicalities of a DLUG and double carport. With three fenced paddocks offering scope for hobby farming and small-scale livestock pursuits, and a rear bush block, it's a rare opportunity to embrace space, tranquillity and a sought-after semi-rural lifestyle.

The Facts:

Read the full description

-Embrace the peace & tranquillity of semi-rural living with this 3-bedroom home on a 5-acre (2.02Ha approx.) allotment

-Single-level brick residence, updated for modern comfort

-Open-plan living on entry provides a comfortable setting to dine & unwind

-Bamboo flooring & a wood-burning Gourmet fire (with oven) lend a relaxed, natural aesthetic

-Stone-topped kitchen, well-appointed with a freestanding oven & Haier d/w

-Sliding doors extend to a semi-enclosed alfresco patio, overlooking the sprawling outdoor surrounds

-The main bedroom offers restful retreat, complete with BIR & a updated ensuite

-Two further bedrooms are both fitted with BIRs & take in garden aspects

-Work or study from home with a large office space with fitted desk & shelving

-Timeless style defines the updated bathroom, complete with back-to-wall freestanding tub

-Converted garage delivers a second-living option, complete with a wood burning fire

-Split system heating/cooling & evaporative cooling ensure year-round comfort

-Automated external roller shutters provide enhanced safety & security

-DLUG, double carport & woodshed cater for vehicles, storage & practical needs

-Three fenced paddocks suit hobby farming or small-scale livestock

-A bush block to the rear of the perfectly rectangular site offers a ready-made firewood supply

-Just a 5-minute drive to Drysdale township & 3-minutes to the local schooling hub

-Two minutes to the Drysdale Bypass enables a seamless Geelong commute

-Endless lifestyle appeal, close to fishing, beaches, wineries & farm gate producers

-Enjoy the property as-is or explore the options to maximise small acreage living

The Owner Loves…

“What I'll miss most is the lifestyle – the peace and quiet out here is something special. We’ve run small flocks of sheep over time, and there was something so delightful about watching them graze. It's simply been a wonderful place to call home.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Listing description written by Toby Lee, Bellarine Property — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Pet-Friendly
  • Secure Parking
  • Shed
  • Study
  • 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.