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 › Grand Ridge West
$690,000
Last sold
1 Dec 2021
4
Bedrooms
2
Bathrooms
6
Car spaces
2,852 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
$690,000
1 Dec 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=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.
Vs Mirboo North
+49.5%
Median sale
Suburb $461,500
-1.61 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 NorthPeaceful and private, this large four bedroom brick home with exceptional shedding sits on a generous 2852m2 allotment and is ideally positioned only a short drive from the centre of town. Ticking all the boxes for a tradie wanting to work from home or a family with a caravan, boat or toys, this idyllic lifestyle property is the perfect escape from the hustle and bustle with the convenience of modern amenities nearby.
Stepping inside from the protected front deck, the entryway is large, inviting and provides access to both the living areas and the Master bedroom. Open plan in design the kitchen, living and pool/games area are expansive, boasting 9-foot ceilings, a built in study nook, timber lined walls, skylights that flood the space with natural light and a brand new split system to ensure your families comfort year round.
The country kitchen is complete with hardwood cabinetry, 900mm gas stove top, electric oven, dishwasher, double sink, large pantry and a breakfast bar that's ideal for casual dining. A glass sliding door opens onto a spacious enclosed outdoor entertaining area providing the perfect space to entertain whilst appreciating the surrounding gardens and open views, in all weather.
Stepping through, the formal dining is bursting with character and light, flaunting French doors, carpet, a built in woodfire with brick mantel and large timber windows that that allow the surrounding gardens to be appreciated from all angles. Alternatively, this flexible space could be used as a separate lounge, providing the much sort after second living area that larger families desire.
The North facing Master bedroom features extensive BIR's, ceiling fan, and a timber lined ensuite with shower, vanity, toilet and is perfectly situated at the front of the home, while the remaining three bedrooms (all with BIR's) are positioned at the rear the home, ensuring parents have a sense of privacy and their own space.
The timber lined main bathroom is centrally located and features a bath, shower, vanity, IXL heater and separate toilet. Whilst the adjoining laundry offers exceptional storage, bench space, overhead cupboards and direct access outside.
Externally the home features a remote double lockup garage that is attached to the home and an impressive paved courtyard that is an ideal spot to relax with a cuppa whilst enjoying the tranquility and space that this property provides. Whilst town water is connected, two tanks are provided to assist with watering the lovingly maintained and established gardens. An incredible four-bay (18 x 14m) workshop/machinery shed with mezzanine floor, woodshed and garden shed complete this complete lifestyle package.
Situated in the breathtaking Strzelecki ranges, Mirboo North is surrounded by lush rolling hills and forests and is located approx. 155km's southeast of Melbourne and only half an hour from the Latrobe Valley. Our thriving community showcases excellent schools, a variety of shops and boutique cafés, gorgeous parks, outdoor swimming pool, the well renowned Grand Ridge Rail Trail and the award-winning Grand Ridge Brewery. Don't miss the opportunity to secure your dream lifestyle escape!
Listing description written by Emma Evans, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.
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