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VIC › Irymple › Milan Dr

54 Milan Dr, Irymple VIC 3498

House

5

Bedrooms

2

Bathrooms

2

Car spaces

750 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 750 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Irymple (last 5 years) with land size: median $718/m² of land (n=70). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Irymple (last 5 years) with land size have a median of $718/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Irymple at a glance

6,398

People

$650,000

Median sale

$444/wk

Median rent

3.55%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Irymple report →

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. Soldprice unknown22 Sept 2025
  2. Listedprice unknowncompleted10 Apr 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 $444/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

Irymple in one glance

Irymple at a glance

6,398

People

$650,000

Median sale

$444/wk

Median rent

3.55%

Suburb gross yield

Median sale from 65 recorded sales (last 12 months) — a Districts calculation.

See the full Irymple report →

Keep researching

  • Why Irymple? Read the area thesis →
  • What else is on the market in Irymple →
  • Other records on Milan Dr →

Listing material

Listed by Area Specialist Victoria

The Brief: Striking Modern Design for Family Living in Irymple

It's Addressed:

This beautifully designed near-new five-bedroom home, situated on an approx. 750sqm block, offers standout street appeal with its recycled brick façade, dark feature accents, and a bold single gable that immediately catches the eye. Framed by low-maintenance, well-considered landscaping with feature rocks and clever plantings, the street presence is only the beginning of what this home has to offer.

Step inside to 9ft ceilings and a refined neutral palette with dark modern floor tiles, soft light-toned walls, and quality window fittings throughout. A second living room at the front of the home offers a quiet retreat, while the master bedroom is privately positioned with a dedicated entry, generous walk-in robe, and a well-appointed ensuite featuring floor-to-ceiling tiling, dual-basin vanity, a separate toilet, and a large tiled shower with semi-frameless glass and black fixtures.

Read the full description

The kitchen is a standout with 40mm stone benchtops, soft-close drawers, a 900mm oven, an induction cooktop, a black overmount sink, a dishwasher, and a large island bench perfect for everyday living and entertaining. The walk-in pantry is both spacious and practical, with direct access from the garage—making grocery drops effortless. The open-plan dining and living area opens via two sliding doors to a large alfresco complete with an outdoor kitchen including stone benchtops, BBQ cavity, fridge recess and ceiling fans. The backyard continues the low-maintenance theme with pebble-crete concreting, auto-irrigation, and landscaped gardens. A fully powered and concreted approx. The 6m x 6m shed is accessed through the garage.

Bedrooms 2, 3, and 4 are all spacious and include walk-in robes, while bedroom 5, located at the front of the home, offers the flexibility to be used as a 5th bedroom, guest bedroom, or dedicated study space. The main bathroom features floor-to-ceiling tiles, a semi-freestanding bath, a large shower, and is complemented by a separate powder room and toilet for added convenience. The laundry is fitted with full-length storage and external access.

With its modern finishes, generous layout, and premium features throughout, this family-sized home of 356m2 is perfect for growing families or anyone looking for a contemporary, move-in-ready residence in sought-after Irymple—close to local schools, childcare, and the expanding shopping precinct.

Key Features:

• Approx. 750sqm block with low-maintenance landscaping and auto-irrigation

• Master bedroom with private entry, walk-in robe and ensuite

• 4 of the 5 bedrooms feature walk-in robes, offering ample storage space for the whole family.

• Large kitchen with 40mm stone benchtops, 900mm oven, induction cooktop, and walk-in pantry

• Open-plan living, alfresco with outdoor kitchen and large powered shed

• Modern bathrooms, including a semi-freestanding bath, floor-to-ceiling tiles, and a separate powder room

• Approx. 6m x 6m shed with power, accessible via garage

• Close to schools, childcare, and shopping precincts

Enquire now to arrange your inspection.

For more Real Estate in Irymple, contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves with any pertinent matters.

Listing description written by Luke Walker, Area Specialist Victoria — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
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.