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 › Pincini St
$485,000
Last sold
16 Mar 2021
3
Bedrooms
1
Bathrooms
6
Car spaces
1,711 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
$485,000
16 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Mirboo North (last 5 years) with land size have a median of $584/m² of land (n=63). 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
+5.1%
Median sale
Suburb $461,500
-0.24 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 NorthPositioned in arguably one of the best locations in the heart of Mirboo North, this beautifully renovated cottage sits on a generous 1711m allotment, is bursting with character and charm and is ready for you to simply move straight in and enjoy!
From the moment you lay eyes on this classic cottage, you'll be captivated by its welcoming gardens, bullnose verandah and street appeal that set the scene for what lies inside. Starting its life in the 1890's, this gorgeous family home really is the perfect mix of modern conveniences and old-world charm.
Stepping inside, the home has been freshly painted with neutral tones and boasts new floating floors, high ceilings and timber panelling that continue through the entire home. A central hallway provides access to all three bedrooms that are generous in size, with BIR's, new carpets and T.V points, with the Master and second bedroom offering views over the quaint cottage gardens.
The separate lounge is spacious and inviting with new carpet and opens on to the open planned kitchen and dining that is the heart of the home, featuring an impressive, pressed tin splashback, electric cooking, corner pantry, breakfast bar and generous bench space and storage. A timber door opens on to the protected back deck forming the all-important connection between indoor and outdoor living, whilst a wood fire and split system have been provided to ensure your comfort year-round.
The expansive bathroom provides a shower over bath, single vanity, three door linen cupboard and separate toilet, whilst the adjoining laundry offers additional storage and direct access.
Stepping outside, the home has been freshly painted and guttering and weather boards have been replaced where needed. The sprawling, protected deck is an entertainer's dream and runs along the Northern and Eastern side of the home, ensuring there is a perfect spot for the whole family to gather or to relax with a cuppa, regardless of weather. Having been built around an established walnut and pear tree, the space is enchanting, complete with a built-in blackwood bar, room to dine, a lounge area with tv point, wood fire, and outdoor blinds.
Whilst the property is on town water, a tank has been installed to water the vege patch, orchard and beautiful gardens. A picturesque oak tree is the focal point of the expansive backyard, whilst a chook house and enclosed run, single garage with an attached carport and large shed with partial concrete floor, workbench and potbelly complete this idyllic property. Side access will allow off street parking for a caravan, boat or toys whilst a gate at the rear of the property provides walking access to the laneway behind.
Character and charm on a generous allotment in the heart of town, adjacent to "Baromi Park" and just 500m from schools. Get in quick, this one won't last!
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.
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