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 › Brennan St
$530,000
Last sold
30 Sept 2025
4
Bedrooms
1
Bathrooms
1
Car spaces
1,352 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
$530,000
30 Sept 2025 · 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
+14.8%
Median sale
Suburb $461,500
-0.63 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 NorthWelcome to Forget Me Not Cottage, a charming period home in the absolute heart of Mirboo North. Just a short stroll to schools, kindergarten, the main street, and beautiful Baromi park, this delightful cottage rests on a rare, level 1,352m² allotment held across two titles – offering space, convenience, and future potential (STCA).
A protected front porch sets the tone on arrival, leading into interiors that balance character with comfort. Two generous living areas provide flexibility for family life: the formal lounge showcases polished Baltic timber floors, a wood fire, and split system, while the second living area continues the theme with exposed beams, matching timber floors, and its own split system. Together, they create warm, inviting spaces for both everyday living and quiet retreat.
The kitchen captures leafy garden outlooks and includes gas cooking, pantry, and overhead storage. Accommodation comprises three bedrooms plus a fourth smaller bedroom or study, serviced by a central bathroom, separate toilet, and a practical laundry. Built-in storage is thoughtfully integrated throughout.
Outdoors, the property excels in self-sufficiency and lifestyle. A flourishing orchard, productive vegetable gardens, fire pit area, fishpond, magnolia, maples, and a sheltered wisteria-clad courtyard offer both beauty and bounty, whilst attracting vibrant birdlife including king parrots and lorikeets. A garden shed, wood storage, and lock-up garage with workshop, concrete floor, and power provide practicality.
Modern conveniences include NBN connection, a 6.6kW solar system for energy efficiency and town water supply. The home is neat, well maintained, and ready to enjoy immediately.
Forget Me Not Cottage combines character, sustainability, and the freedom of a large in-town block – with the bonus of subdivision potential (STCA). A rare lifestyle opportunity not to be missed.
Loved for its vibrant community and relaxed country lifestyle, Mirboo North offers the best of both worlds. Set in the scenic Strzelecki Ranges, the town is renowned for its tree-lined streets, boutique shops, cosy cafés, and welcoming atmosphere.
Families value the excellent schools, kindergarten, and sporting facilities, while nature lovers are drawn to the Grand Ridge Rail Trail, nearby national parks, and abundant green spaces. With a thriving calendar of local events, strong community spirit, and the convenience of being only 40 minutes to the Latrobe Valley or South Gippsland's beaches, Mirboo North is a place where people come for the lifestyle and stay for the sense of belonging.
Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.
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