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VIC › Heathcote › Mia Mia Derrinal Rd

503 Mia Mia Derrinal Rd, Heathcote VIC 3523

For saleRural Property for Sale

$1,950,000

For sale

Asking

4

Bedrooms

3

Bathrooms

4

Car spaces

1,893,928.806 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,950,000(Listing record · 31 Oct 2025)
  • CalculationLand 1,893,929 m² against a 288 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 213% above the Heathcote median recorded sale ($622,500, n=70, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Heathcote's advertised median rent ($412/wk), implied gross yield would be 1.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,950,000

Asking · $1/m² of land

No recorded sale for this property.

Heathcote at a glance

3,253

People

$622,500

Median sale

$412/wk

Median rent

3.44%

Suburb gross yield

Median sale from 70 recorded sales (last 12 months) — a Districts calculation.

See the full Heathcote report →

Vs Heathcote

+213.3%

Median sale

Suburb $622,500

-2.34 pp

Gross yield

Suburb 3.44%

Suburb median $622,500 from 70 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,950,000
Stamp Duty (Victoria)
$107,250
Transfer/Registration Fee
$3,614
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
$2,064,564

$114,564 on top of the price (5.9% 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

Pre-filled with Heathcote's advertised median rent — not a rent for this listing.

Net yield
-0.40%
Annual cashflow (pre-tax)
$-109,226
Interest cover (DSCR)
-0.08
Annual rent
$21,424
Operating expenses
$29,250
Loan amount
$1,560,000
Annual interest
$101,400
Gross yield
1.10%

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$1,950,000available31 Oct 2025

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 $412/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

Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Heathcote in one glance

Heathcote at a glance

3,253

People

$622,500

Median sale

$412/wk

Median rent

3.44%

Suburb gross yield

Median sale from 70 recorded sales (last 12 months) — a Districts calculation.

See the full Heathcote report →

Keep researching

  • Why Heathcote? Read the area thesis →
  • What else is on the market in Heathcote →
  • Other records on Mia Mia Derrinal Rd →

Listing material

Listed by Todd Property

A PRIVATE PARADISE ON 468 ACRES

This property offers absolute seclusion and sits proudly on 468 acres with views across the rolling countryside

This quality built home boasts four spacious bedrooms all with built in robes and a study or possible fifth bedroom

The master bedroom comprises of a large walk-in robe and generous ensuite with his and her vanities

Read the full description

The expansive open plan kitchen, meals and living area showcases a full size billiard table

The kitchen would make the most fastidious of chefs envious. The central island bench with granite countertop is the perfect preparation area, the kitchen mainly features drawers, a generous pantry, double oven, dishwasher and a large amount of storage space.

The formal lounge with open fireplace has been designed to maximise the seasonally changing vista through the large glass window.

The home also has a large family bathroom, laundry with cabinetry, separate toilet and direct access into the double car garage with third bathroom, ideal to wash off the day before entering the home to relax

This property was designed for comfortable family living and a large amount of thought, care and expense has been investing in the design and build of this exceptional property to ensure function and comfort.

Additional features include double glazing throughout, ducted vacuum system, boiler for under slab heating, 2 x evaporative cooling units, wide concrete return veranda and a concreted double carport

The land is sheep grazing country, with a combination of open rolling pastures and stands of mature timber.

The property also features Wild Duck Creek frontage and four large dams with excellent catchment

The property has direct access from a sealed road and is a short drive to Lake Eppalock

An interesting feature of the land is the purpose built motorbike and speedway track, which has provided hours of fun for the current owner and his family

The 468 acres is made up of 7 Crown Allotments on 3 titles

Listing description written by Brad Todd, Todd Property — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Dishwasher
  • Living Areas: 2
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Vacuum System
  • Water Tank
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.