Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
VIC › Maryborough › Park Rd
$385,000–$415,000
For sale
Asking range
4
Bedrooms
1
Bathrooms
2
Car spaces
700 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
$385,000–$415,000
Asking range · $550/m² of land
No recorded sale for this property.
Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Vs Maryborough
-12.0%
Median sale
Suburb $437,500
+0.61 pp
Gross yield
Suburb 4.47%
Suburb median $437,500 from 180 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$22,875 on top of the price (5.9% 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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Maryborough's advertised median rent — not a rent for this listing.
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 is recorded. Suburb median rent $376/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.
Gross yield if leased at the suburb aggregate is 5.1%. 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
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
Maryborough at a glance
8,231
People
$437,500
Median sale
$376/wk
Median rent
4.47%
Suburb gross yield
Median sale from 180 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ballarat Real Estate MaryboroughLooking for your next renovation project with the opportunity to create something special?
Positioned on a prominent main road in the heart of Maryborough, this former corner milk bar with attached four-bedroom residence presents a rare opportunity for renovators, builders, investors and developers seeking a property with genuine upside.
Set on residentially zoned land and packed with original character, the property offers the foundations for a substantial restoration, renovation or redevelopment project (STCA). Opportunities to secure a property of this scale and position are becoming increasingly difficult to find within one of regional Victoria's most affordable and well-connected communities.
Conveniently located opposite Lake Victoria and nearby sporting facilities, the property is within walking distance of schools, the new Maryborough Hospital, shopping precincts, cafés, public transport and the town centre.
Inside, many original features remain, including Baltic pine floorboards, high ceilings, generous room proportions and the original milk bar shopfront complete with shelving and refrigeration units that reflect the property's history.
The residence offers four bedrooms, a large country-style kitchen with a wood stove and excellent storage, a formal dining room, bathroom facilities and multiple sheds and outbuildings positioned at the rear of the property.
Property Features
Residential zoning
Former milk bar with attached residence
Four-bedroom home
Original Baltic pine flooring
High ceilings and spacious rooms
Large kitchen with wood stove
Formal dining room
Original shopfront with shelving and refrigeration units
Multiple sheds and storage structures
Prominent main road location
Walking distance to schools, sporting facilities and town amenities
Significant renovation, restoration or redevelopment potential (STCA)
Important Information
This property has been vacant for many years and is being offered with complete transparency regarding its condition.
The home requires extensive renovation and repair works, including but not limited to:
Restumping
Termite (white ant) repairs
Roof and guttering attention
Reconnection of power, water and gas services
Internal refurbishment throughout
General repairs associated with long-term vacancy
Buyers should anticipate additional work and conduct their own due diligence and inspections. The property may contain asbestos materials consistent with homes of this era.
Please note that power, water and gas are available to the property but are not currently connected, and no appliances are operational.
Why This Property Stands Out
Prime central Maryborough location
Excellent exposure on a main road
Residential zoning with future potential
Character features ready for restoration
Strong opportunity to add value
Walkable access to major amenities
Ideal for experienced renovators, builders and developers
For buyers with vision, determination and realistic expectations, this property represents an exciting opportunity to breathe new life into a well-positioned Maryborough landmark.
Bring your imagination, your plans and your toolbox.
Contact Real Estate Kate today to arrange your inspection.
Listing description written by Kate Ashton, Ballarat Real Estate Maryborough — reproduced as published, not verified by Districts.