South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
VIC › South Morang › Mercury Circuit
$1,220,000
Last sold
10 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
512 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
$1,220,000
10 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in South Morang (last 5 years) with land size have a median of $1,622/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Vs South Morang
+71.9%
Median sale
Suburb $709,750
-1.69 pp
Gross yield
Suburb 4.04%
Suburb median $709,750 from 10 recorded sales (last 24 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 $551/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.
Nearby
Area
South Morang at a glance
26,373
People
$709,750
Median sale
$551/wk
Median rent
4.04%
Suburb gross yield
Median sale from 10 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Woodards ManninghamThis beautifully designed 4-bedroom plus study/5th bedroom residence combines contemporary style with practical living, making it the perfect retreat for families of all sizes. The open-plan design enhances connectivity, allowing for effortless interaction whether you're hosting a gathering or enjoying a cozy night in.
At the heart of the home is a large, modern kitchen with sleek cabinetry, high-end appliances, and a spacious island bench, it’s designed for both functionality and flair. The adjacent butler's pantry provides additional storage and prep space, making meal prep a breeze. The dining area, conveniently located nearby, creates an inviting atmosphere for family meals and dinner parties.
The four generously sized bedrooms offer tranquil retreats, each with ample closet space and large windows that invite in the light. The master suite is a true haven, featuring a private ensuite bathroom and walk in robe. The additional bedrooms are perfect for children or guests, with a flexible study area providing a quiet space for work, study or convert to a 5th bedroom.
This spacious property boasts multiple living areas, offering versatile spaces that can easily be transformed into additional bedrooms, making it an ideal choice for large families or multi-generational living. The open floor plan seamlessly integrates various zones, allowing for both communal gatherings and private retreats. With a little creativity, these living areas can be adapted to meet the needs of everyone in the household, providing ample room for privacy and comfort.
Step outside to discover your low-maintenance backyard oasis, designed for effortless entertaining and relaxation. The outdoor entertaining area is ideal for summer barbecues, gatherings with friends, or simply enjoying your morning coffee. The landscape is thoughtfully designed to minimize upkeep, giving you more time to enjoy your surroundings.
Located in the Palisades estate of South Morang surrounded by grand statement homes in an elevated setting. located in a highly desired location within South Morang and only moments away from the lush landscape of Quarry Hills Park, Westfield Plenty Valley, South Morang and Middle Gorge Train Stations, Coles Complex at The Lakes. Enjoy the benefits of community living while having a private sanctuary to call home.
This property is a rare find, blending style, space, and modern conveniences into one perfect package. Whether you’re hosting gatherings or enjoying quiet family evenings, this home is designed to cater to all aspects of your lifestyle.
Listing description written by Alec Stefanoski, Woodards Manningham — reproduced as published, not verified by Districts.