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.
VIC › Mirboo North › Wells Rd
$771,000
Last sold
30 Apr 2021
4
Bedrooms
2
Bathrooms
8
Car spaces
24,281.14 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
Last sold
$771,000
30 Apr 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=11). 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.
Vs Mirboo North
+67.1%
Median sale
Suburb $461,500
-1.95 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 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 $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.
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.
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
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.
Listing material
Listed by Stockdale & Leggo Mirboo NorthStanding proud with uninterrupted views over Mirboo North township and the picturesque rolling hills beyond, this sprawling 4-bedroom country home on 6 acres is peaceful and private and ideally positioned in the heart of town.
Stepping inside, from the North facing front deck that runs the length of the home, this spacious and lovingly maintained home oozes appeal. The kitchen is modern and well considered. Featuring two ovens with a separate grill and warming oven for the enthusiastic cooker, 1100mm 7 burner gas stove, dishwasher, corner pantry with ample bench & cupboard space it ticks all the boxes. The adjoining dining and lounge areas are filled with natural light and provide ample room for entertaining or to simply gather as a family in comfort thanks to the wood fire and reverse cycle A/C that have been provided.
Leading down the hall we step into an additional living area/games room and theatre room complete with built in bar and powder room nearby for your guest's convenience. The entire family's needs have been considered with soundproofed walls, so you can thoroughly relax and enjoy those movies without interrupting others.
All four bedrooms are expansive with timber floorboards & built in robes, the Master boasts a walk-through double robe and ensuite, ceiling fan & sliding doors providing direct access onto the North facing deck. The light and airy main bathroom is located at the end of the hall complete with bath, shower & a separate toilet. The laundry offers great storage and bench space and provides direct access. A ducted vacuum system, under floor heating, and water controls for usage and temperature have all been included for your comfort and convenience.
Stepping outside this home brings indoor / outdoor entertaining to the next level. Showcasing a large deck that steps out from the dining area, that has been purposely designed so it can be enjoyed year-round. The recent extension presents a stainless steel built in kitchen / BBQ area that provides ample space to entertain and dine.
Externally this 6 acres keeps on giving, featuring a 4 car double garage with concrete floor & power and 60 foot x 40 foot lined shed with water, toilet, cellar, a 6kw (21 panel) solar system & three phase power whilst also providing ample space. In addition, there are 4 large water tanks in total, an established orchard with an abundance of fruit trees and your very own vineyard offering approximately 250 vines comprising a mix of 6 wine and 4 table varieties.
WOW is the only way to describe this property, pony enthusiasts, wine making connoisseurs, growing families, this property offers something for everyone. Offering the best of both worlds; a rural lifestyle with the benefit of being only a short drive / long stroll to Mirboo North township, schools and parks. It's rare for a property of this calibre to enter the market. Inspection is a MUST!
Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.