Nerrena at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Nerrena › Nerrena Rd
$995,000–$1,075,000
For sale
Asking range
0
Bedrooms
1
Bathrooms
5
Car spaces
172,072.335 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
Asking
$995,000–$1,075,000
Asking range · $6/m² of land
No recorded sale for this property.
Nerrena at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$60,858 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Nerrena at a glance
No data
Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Karen McCormick Real EstateNestled within the serene landscapes of Nareena, Victoria, 855 Narrena Road presents an outstanding opportunity for discerning investors and farming enthusiasts alike. This expansive 17.21-hectare parcel of land boasts a versatile Class 10a storage facility, complete with all the modern conveniences required for efficient operation, including floating floors, carpeted office spaces with direct sliding door entry, and essential amenities such as a toilet and on tap gas hot water.
Located a mere 8 minutes from Leongatha via sealed roads, this property offers not just convenience but also self-sufficiency with a full off-grid station featuring a 3kw capacity that's certified and a 7.7kw backup generator. All solar batteries are I a secure shed.
The storage facility includes a kitchenette/tea room with dishwasher and a cosy Coonara-style freestanding heater.
The vast land includes an enclosed orchard, chicken run, and 12 fenced paddocks with troughs, all benefiting from gravity-fed water systems. With three spring-filled dams and the majority of paddocks cleared and slightly undulating, the property currently supports cattle on lush, green pastures. The enchanting valley views serve as a picturesque backdrop for potential uses such as grazing or farming ventures. Room for kids to explore and ride their bikes or perhaps a pony.
Storage for equipment is not a problem with an under cover 2 open bay shed plus another shed including an open bay for trailers etc and lockable storage area.
Additional features include a 50,000L water tank with an approx. 5000L overhead gravity-fed tank, a verandah accompanied by 2 carport spaces, and the tranquil promise of a country ventures. Secure your slice of Nareena's idyllic countryside today and explore the limitless possibilities that 855 Narrena Road has to offer.
https://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer-we have obtained all information in this document from sources we believe to be reliable; however-we cannot guarantee its accuracy. Prospective purchasers / leasees are advised to carry out their own investigations
Listing description written by Karen McCormick, Karen McCormick Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.