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 › Baromi Rd
$575,000
Last sold
2 Mar 2023
3
Bedrooms
2
Bathrooms
4
Car spaces
691 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
$575,000
2 Mar 2023 · 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
+24.6%
Median sale
Suburb $461,500
-0.96 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 NorthIdeally located just a short stroll to schools, shops, beautiful Baromi park and all that our thriving community of Mirboo North has to offer, this striking brick home sits on a generous 691m allotment and is perfect for young couples, retirees or families looking for a solid home in a convenient location.
Stepping inside from the protected front porch, the entry and central hallway is welcoming with bifold timber doors opening onto the North facing lounge. A large window allows natural light to bathe the room and the peaceful gardens to be appreciated from the comfort of your couch. A perfect space to gather the entire family, this sprawling room features carpet and a ceiling fan.
Free flowing by design, the adjoining kitchen and dining area is expansive with a breakfast bar which is ideal for relaxed dining, hardwood cabinetry, electric oven, gas stove top, two door pantry and generous bench space and storage. Conveniently, a glass sliding door opens from the dining area to the protected patio where outdoor living can be enjoyed.
Heading down the hall where linen storage is supplied, the home presents three spacious and light filled bedrooms. At the front of the home, the North facing Master boasts an ensuite complete with shower, modern vanity, and toilet, whilst bedrooms two and three feature BIR's and are serviced by the commodious main bathroom with a bath, separate shower, and vanity.
A second toilet is suitably positioned at the end of the hall whilst the laundry offers a broom closet, trough, and direct access outside.
The minimal maintenance front garden flaunts roses and a gorgeous weeping cherry. Your pets and small children can run freely in the secure backyard that is flourishing with nectarines, Figs, and Persimmon. Secure parking is available with the concrete drive leading to a double garage with two roller doors, concrete floor, power and workbench.
Built and treasured by only one owner for over 30 years, this lovingly kept home is conveniently positioned only a stone's throw from Mirboo North township. Don't miss this wonderful opportunity, enquire today.
Situated in the breathtaking Strzelecki ranges, Mirboo North is surrounded by lush rolling hills and forests and is found approx. 155km's southeast of Melbourne and only half an hour from the Latrobe Valley. Our thriving community displays excellent schools, a variety of shops and boutique cafés, gorgeous parks, outdoor swimming pool and the well renowned Grand Ridge Rail Trail.
Listing description written by Bec Cook, Stockdale & Leggo Mirboo North — reproduced as published, not verified by Districts.