Merrigum at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Merrigum › Waverly Ave
$235,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
1,003 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
$235,000
Asking · $234/m² of land
No recorded sale for this property.
Merrigum at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$13,524 on top of the price (5.8% 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
Merrigum at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Sahara Real Estate*With multiple lot sizes available* Prices starting from $220,000 onwards.
* House and Land Packages Available*
Welcome to Merrigum Green Estate, a brand-new residential land release at 52-56 Waverley Avenue, Merrigum, Victoria.
Buyers have the flexibility to choose a block that suits their home design, lifestyle and budget. Whether you're looking to build your first home, create more space for the family or secure land in a growing regional community, Merrigum Green Estate offers an opportunity worth considering.
Set in a peaceful and established township, Merrigum combines the charm of country living with convenient access to major regional centres. Enjoy open space, a relaxed lifestyle and a genuine community atmosphere, while remaining within easy reach of Shepparton and Kyabram.
Schools and Education
Primary Schools: Merrigum Primary School and Lancaster Primary School are in close proximity.
Secondary and Combined Schools: Kyabram P-12 College (including Haslem Campus) serves both primary and secondary students.
Nearby Options: St Augustine's College, Indie School Shepparton, and Berry Street School - Shepparton Campus are accessible within a short drive for alternative schooling options
Childcare and Kindergarten
Shine Bright Kyabram Municipal Kindergarten at 148B Fenaughty Street, Kyabram.
Merrigum Kindergarten & Early Childhood Services - locally accessible.
Shine Bright Kyabram P-12 Kindergarten and Kyabram Community and Learning Centre Inc. provide additional childcare services within a short distance
Shopping and Services
Merrigum offers local shops and basic amenities suitable for day-to-day living.
For larger shopping needs, Shepparton is approximately 30 km (25-30 minutes by car) and Kyabram is around 14 km (10-15 minutes), providing expanded retail, healthcare, and commercial services
Community and Recreation
Merrigum has a close-knit community with local sporting facilities including football, netball, and golf clubs. Residents have access to recreational spaces and community gatherings, reflecting a village-style, family-friendly environment
Transport and Connectivity
Direct bus service along Waverly Avenue connects Merrigum with surrounding areas.
The property is located approximately 197 km (around 2 hours) from Melbourne via road, making regional travel feasible while enjoying country living
Residents of 52-56 Waverly Avenue can enjoy a quiet lifestyle while remaining connected to essential services, schools, and regional centres, making it ideal for families and those seeking a balance between rural tranquility and convenience.
Contact us today to enquire about available lot sizes, pricing and settlement details.
Photo ID must be presented upon all inspections.
Please see the link below for an up-to-date copy of the Due Diligence Checklist: Consumer Affairs Victoria Due Diligence Checklist.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Listing description written by Sachin Aggarwal, Sahara Real Estate — reproduced as published, not verified by Districts.