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VIC › Mirboo North › Boolarra South Mirboo North Rd

500 Boolarra South Mirboo North Rd, Mirboo North VIC 3871

Rural Property

$1,600,000

Last sold

27 Oct 2021

4

Bedrooms

3

Bathrooms

2

Car spaces

156,600 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,600,000 (27 Oct 2021).(Recorded sale)
  • FactLand 156,600 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Mirboo North (last 5 years) with land size: median $10/m² of land (n=10). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,600,000

27 Oct 2021 · derived via latest_sale

Local land rate: recorded Rural Property sales in Mirboo North (last 5 years) with land size have a median of $10/m² of land (n=10). 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.

See the full Mirboo North report →

Vs Mirboo North

+246.7%

Median sale

Suburb $461,500

-3.46 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 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. Sold$1,600,00027 Oct 2021
  2. Listedprice unknowncompleted13 Sept 2021

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?

Confidence: low

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.

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.

1 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

    Knownlow

    This 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

    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

Mirboo North in one glance

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.

See the full Mirboo North report →

Keep researching

  • Why Mirboo North? Read the area thesis →
  • What else is on the market in Mirboo North →
  • Other records on Boolarra South Mirboo North Rd →

Listing material

Listed by SEJ Real Estate Leongatha

"SKYHAVEN"

An exceptional country gem with sweeping views of the rolling South Gippsland farmland in the Strzelecki ranges.

From the moment you turn in the driveway you will be captured by the beauty of this architecturally designed home, which is perfectly positioned on a north facing hill within approx. 38 acres of premium pasture.

As well as the spectacular outlook and idyllic lifestyle, this property offers space, comfort, quality and versatility.

Read the full description

The heart of the house is an impressive light-filled living/dining/kitchen zone with polished concrete floors, a pitched ceiling and double doors leading out to the front entertaining verandah.

The kitchen has heat-proof stone benches throughout, excellent storage, an electric induction cook top, a wall oven and a magnificent Esse slow combustion stove.

The central open plan family room leads to two separate wings of the home.

The first has a cozy second living room with wood fire, and the most beautiful library, incorporating a work from home office with NBN satellite, Cat6 throughout with patch panel and 4G wireless available.

You will never be short of storage options with a designated secure storage room plus floor to ceiling cupboards alongside the laundry that steps out to the rear double carport and a mudroom complete with bathroom facilities.

To the end of the hallway is the master bedroom suite with walk in robe, ensuite and sliding doors out to the sheltered corner deck - a perfect space to relax and enjoy the sunrise.

In the second wing of the home there are 3 more generously sized bedrooms, all with built-in robes and views, as well as a central bathroom and separate toilet. The living room in this wing is a carpeted family rumpus with wood heater and plenty of space to play.

Quality is high throughout this solar passive designed home built to N3 standards with double glazed windows throughout, 5kw Solar (with premium feed in tariff till 2024), three-way hot water systems and water filtration. Along with the wood heaters there are three reverse cycle air conditioners plus so much more that make this 6.3-star home second to none.

The low-maintenance gardens blend succulents, ferns, raised vegetable garden beds and fruit trees. Water for the property will never be a problem with 250k of storage. The 28m x 12m barn style shed is fully concreted and wired, an ideal workspace.

This 15 ha/38-acre (approx.) property is rolling fertile country with healthy pastures, 6 fenced paddocks, sheep yards, troughs in all paddocks plus two dams. The vendors have operated a successful prime lamb business which may be an option you choose to continue. The property also lends itself to cattle or horses, or you can agist/lease the land to a nearby farmer and simply enjoy the setting and this beautiful home.

The property is located an easy 5km bitumen road drive from the growing township of Mirboo North with schools, shops and sporting facilities. It is only 20 minutes to Leongatha, 40 minutes to the beaches of Inverloch and 1hr 50minutes to Melbourne.

This rural retreat has been lovingly created. Opportunities to secure such distinctive properties are rare. For more information and to arrange a personal inspection, please call Irene Walker at SEJ Real Estate.

Listing description written by Irene Walker, SEJ Real Estate Leongatha — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3

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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.