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VIC › Mirboo North › Grand Ridge West

63 Grand Ridge West, Mirboo North VIC 3871

House

$420,000

Last sold

20 Feb 2026

2

Bedrooms

1

Bathrooms

2

Car spaces

2,084 m²

Land

179.86 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $420,000 (20 Feb 2026).(Recorded sale)
  • CalculationLand 2,084 m² against a 180 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mirboo North (last 5 years) with land size: median $584/m² of land (n=62). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$420,000

20 Feb 2026 · 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=62). 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.

See the full Mirboo North report →

Vs Mirboo North

-9.0%

Median sale

Suburb $461,500

+0.48 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$420,00020 Feb 2026
  2. Listedprice unknowncompleted1 Jan 2001

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mirboo North in one glance

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.

See the full Mirboo North report →

Keep researching

  • Why Mirboo North? Read the area thesis →
  • What else is on the market in Mirboo North →
  • Other records on Grand Ridge West →

Listing material

Listed by Stockdale & Leggo Mirboo North

CHARMING BRICK HOME ON EDGE OF TOWN

Nestled on a sprawling half-acre allotment, this charming two-bedroom brick home presents an incredible opportunity for first-home buyers or savvy investors seeking an affordable entry into the Mirboo North market.

From the protected front deck, the home opens to a bright, open plan living, dining, and kitchen area. Freshly painted throughout and boasting a neutral colour palette, the interiors are light-filled and welcoming. The north-facing living area features new carpets and blinds, a skylight, and large picture windows capturing tranquil rural vistas, all kept comfortable year-round by a split system. The kitchen is functional and inviting, complete with timber cabinetry, gas stovetop, electric oven, generous bench space, and excellent storage – all while offering a delightful outlook over the backyard.

Down the hall are two north-facing bedrooms, each light-filled with new carpet and built-in robes. They are serviced by a well-appointed bathroom featuring a corner shower, bath, and single vanity, with a separate toilet conveniently accessible via Jack-and-Jill access from both the bathroom and laundry. Ample storage is provided with a two-door linen press, and the laundry includes direct access outdoors.

Read the full description

Outside, the home is surrounded by vibrant gardens with roses, camellias, and azaleas. A drive-through carport adjoins the home, with secondary access available off Wembridges Road for added convenience. The fully fenced backyard offers lush lawn, minimal-maintenance gardens, a clothesline, and a wrap-around verandah perfect for relaxing while the kids or pets play safely. To the east, a clear section of land offers potential for future development – whether a large shed or home extension (STCA).

Positioned within the breathtaking Strzelecki Ranges this property presents a strong investment opportunity, with an estimated rental return of approximately $350 per week (based on current market conditions). Mirboo North offers a thriving community atmosphere with excellent schools, boutique shops, cafés, gorgeous parks, an outdoor swimming pool, and the well-renowned Grand Ridge Rail Trail. Located approximately 155km southeast of Melbourne and just 30 minutes from the Latrobe Valley, this delightful home provides the perfect blend of comfort, opportunity, and country charm.

Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Fully Fenced
  • Living Areas: 1
  • Toilets: 1

Also look at

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.