Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Marong › Lisburn St
$610,000
Last sold
24 Jan 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
628 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
$610,000
24 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Marong (last 5 years) with land size have a median of $914/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Marong
-10.0%
Median sale
Suburb $677,500
+0.41 pp
Gross yield
Suburb 3.69%
Suburb median $677,500 from 22 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 $481/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
Marong at a glance
2,165
People
$677,500
Median sale
$481/wk
Median rent
3.69%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PH PropertyWith the new build market more expensive than ever in Bendigo at present, finding a block of land and then a builder that can work within your budget is proving extremely difficult. So, when a property such as this comes along where all that’s left to do is roll out the welcome mat to your new home sweet home, you’d want to act quickly to avoid disappointment!
Located in a quiet and newly established subdivision in Marong on the outer suburban fringes of Bendigo, this modern and stylish home will suit a plethora of quality home seekers including first home buyers, young families and retirees alike! Featuring a floor plan is that it is flexible enough to cater for a family yet intimate enough to live in as a couple, suitability is not an issue here and all should inspect to appreciate!
A central hallway branches off to three carpeted bedrooms; the spacious master suite at the front is inclusive of its own ensuite and walk in robe. The kids or guest bedrooms are fitted with built in robes, and there is a family bathroom and separate toilet accessed from nearby. The home boasts dual living spaces, with carpeted lounge occupying a cosy space off the hallway. Central to the home is the open plan kitchen, meals and family living zone. All the mod cons are included in the kitchen, namely plenty of storage and stone bench tops, the latest 900mm cooking appliances, double pantry and dishwasher. The dining and living areas are well proportioned and well-lit with natural light. Other internal features include ducted heating and cooling throughout, ceiling fans in bedrooms, good sized laundry, and double garage with internal access.
Outside, the property occupies a well-established and landscaped 628m2 allotment that appears much larger than it measures. There is a covered alfresco area to enjoy entertaining outdoors in the warmer months and there is plenty of backyard and grassed area for the kids and pets to play. The block has been well landscaped front and back, there is off street parking for numerous cars and a caravan, whilst there is the often-coveted side access to the rear for a vehicle or caravan that leads to a good-sized shed with concrete floor, power and roller door access.
The complete package, this property is within arm’s reach of being your own to call home. Join the thriving small-town community of Marong with the convenience of a major regional city only 12 minutes away and see what all the fuss is about!!
Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.