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VIC › Mirboo North › Baromi Road Baromi

92 Baromi Road Baromi, Mirboo North VIC 3871

For saleHouse for Sale

$770,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

1,011 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $770,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $770,000(Listing record · 22 May 2026)
  • CalculationLand 1,011 m² against a 247 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 67% above the Mirboo North median recorded sale ($461,500, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mirboo North's advertised median rent ($431/wk), implied gross yield would be 2.91% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$770,000

Asking · $762/m² of land

No recorded sale for this property.

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

+66.8%

Median sale

Suburb $461,500

-1.95 pp

Gross yield

Suburb 4.86%

Suburb median $461,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$770,000
Stamp Duty (Victoria)
$41,270
Transfer/Registration Fee
$1,906
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$816,876

$46,876 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Mirboo North's advertised median rent — not a rent for this listing.

Net yield
1.41%
Annual cashflow (pre-tax)
$-29,178
Interest cover (DSCR)
0.27
Annual rent
$22,412
Operating expenses
$11,550
Loan amount
$616,000
Annual interest
$40,040
Gross yield
2.91%

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.

Open the full yield calculator →

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. Listed$770,000available22 May 2026

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

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Baromi Road Baromi →

Listing material

Listed by Stockdale & Leggo Mirboo North

MODERN COUNTRY LIVING WITH STUNNING RURAL VIEWS

Positioned in the peaceful surrounds of Mirboo North, this beautifully presented four-bedroom, two-bathroom home, built in 2021, delivers modern family living with a warm country feel and stunning farmland views. Combining quality finishes, light-filled interiors and a thoughtful floorplan, this impressive brick and weatherboard cladding residence offers a move-in-ready lifestyle on a low-maintenance allotment.

At the heart of the home is the striking open plan kitchen, living and dining zone, designed to maximise natural light and capture the property's north-facing aspect. Featuring soaring raked ceilings, beautiful timber flooring and three oversized skylights, the space feels both expansive and inviting. The well-appointed kitchen is sure to impress, complete with Caesarstone benchtops, a huge island bench, butler's pantry, 900mm induction cooktop and 900mm electric oven, creating the perfect setting for entertaining and everyday family living.

Flowing seamlessly from the main living area, the raised outdoor deck and entertaining space takes full advantage of the picturesque rural outlook, offering a peaceful place to relax or entertain guests while enjoying the surrounding farmland views.

Read the full description

Privately positioned at the front of the home, the spacious master suite enjoys an abundance of natural light through three windows and is fitted with carpet, a walk-in robe and a stylish ensuite featuring a walk-in dual shower, double vanity and toilet. The remaining three bedrooms are all generously sized and fitted with carpet, with two featuring two-door built-in robes. Servicing the home is a modern central bathroom complete with a walk-in shower, bath, single vanity and separate toilet.

Further enhancing the home is a well-appointed laundry featuring a stone benchtop and direct internal access through to the double garage, adding everyday practicality. Storage has also been thoughtfully considered throughout, with a three-door linen press positioned within the hallway, alongside two additional double-door storage cupboards near bedrooms three and four.

Additional features include double glazed windows throughout for year-round comfort and energy efficiency, a concrete driveway, septic system and approximately 25,000L poly water tank storage.

Offering a relaxed lifestyle in a peaceful rural setting on the edge of Mirboo North, this quality-built home presents an exceptional opportunity for families, upsizers or buyers seeking modern country living with all the hard work already done. Enjoy the perfect balance of peaceful rural living and everyday convenience, with a tranquil farmland outlook just moments from Mirboo North's main street, schools, cafés, sporting facilities, the Grand Ridge Rail Trail, and its welcoming community atmosphere. The Latrobe Valley is also within easy reach, offering added accessibility for work and lifestyle needs.

*While every effort has been made to ensure the accuracy of the information contained herein, prospective purchasers are encouraged to review the Due Diligence Checklist provided by Consumer Affairs Victoria and to make their own enquiries regarding the property - consumer.vic.gov.au/duediligencechecklist

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

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 2
  • Water Tank

Also look at

Also for sale in Mirboo North

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  • 6a Peters St, Mirboo North VIC 3871

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  • 6b Peters St, Mirboo North VIC 3871

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  • 28 Railway Road Baromi, Mirboo North VIC 3871

    4-bed house for sale. Asking $850K.

    For sale
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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.