Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
6
Bedrooms
4
Bathrooms
0
Car spaces
4,300,000 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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Yea (last 5 years) with land size have a median of $9/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
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 $436/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Yea at a glance
1,986
People
$655,000
Median sale
$436/wk
Median rent
3.46%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate VictoriaElders Rural Services Australia Limited is pleased to present for sale 'Murrindindi Station', one of Victoria's most historic landmark estates, widely regarded for its Victorian-era homestead, unique dual river frontage and prime agricultural land.
Ideally located 12km* south of Yea in North East Victoria, 'Murrindindi Station' occupies a highly versatile 430 hectares* (1,064 acres*, including river lease) of land enjoying dual river frontage to the Yea and Murrindindi Rivers. The property exhibits rich Australian colonial history, featuring a circa. 1848 homestead, renovated staff quarters and guest residences, original structural improvements, an abundance of natural water supply and picturesque views of the surrounding valley vistas.
'Murrindindi Station' presents a unique opportunity to acquire one of the most significant historic rural holdings in Victoria.
KEY FEATURES:
- Total land area: 430 hectares* - 1,064 acres* (including river lease) in 9 certificates of title
- First settled in 1837 by Peter Snodgrass, a renowned pastoralist and politician, 'Murrindindi Station' was one of the first established pastoral runs in the area
- Iconic historical six-bedroom homestead representing the vernacular of Pre-separation Colonial architecture set within an enviable parklike garden setting
- Recently renovated, open plan staff quarters and guest residences
- Original (c.1848) stone stables, machinery and wool/shearing sheds
- Cattle yards with roof over working areas
- Heavy carrying alluvial river flats to gently undulating hills, comprising a parklike landscape featuring mature trees including river redgums approximately 400-500 years old
- Abundant natural water supply via the Yea River (8km* of frontage including pre-emptive title) and 2km* of frontage to the Murrindindi River
- Improved pastures and outstanding fertiliser history
- Excellent standard of fencing incorporating a centralised laneway system
- Highly versatile land ideally suited to a range of agricultural pursuits including cattle, prime lamb, wool, viticulture and equine
- Reliable 843mm (33 inches*) average annual rainfall
- Ideally located 12km* from Yea, 41km* from Alexandra and 102km* from Melbourne CBD.
To be sold by Expression of Interest closing 3rd December 2021, 4pm
A comprehensive Information Memorandum is available upon request
* denotes approximately
Listing description written by Nick Myer, Elders Real Estate Victoria — reproduced as published, not verified by Districts.