Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Newport › Mirls St

U3, 20 Mirls St, Newport VIC 3015

For saleHouse

$1,550,000–$1,650,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

1

Car spaces

267 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,550,000–$1,650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,550,000–$1,650,000(Listing record · 23 Dec 2025)
  • FactLand 267 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Newport (last 5 years) with land size: median $3,378/m² of land (n=29). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 29% above the Newport median recorded sale ($1,200,000, n=95, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Newport's advertised median rent ($609/wk), implied gross yield would be 2.04% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,550,000–$1,650,000

Asking range · $5,805/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Newport (last 5 years) with land size have a median of $3,378/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

Newport at a glance

13,400

People

$1,200,000

Median sale

$609/wk

Median rent

2.64%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Newport report →

Vs Newport

+29.2%

Median sale

Suburb $1,200,000

-0.60 pp

Gross yield

Suburb 2.64%

Suburb median $1,200,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,550,000
Stamp Duty (Victoria)
$85,250
Transfer/Registration Fee
$3,614
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
$1,642,564

$92,564 on top of the price (6.0% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.54%
Annual cashflow (pre-tax)
$-72,182
Interest cover (DSCR)
0.10
Annual rent
$31,668
Operating expenses
$23,250
Loan amount
$1,240,000
Annual interest
$80,600
Gross yield
2.04%

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$1,550,000–$1,650,000available23 Dec 2025

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 $609/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 2.0%. 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

Newport in one glance

Newport at a glance

13,400

People

$1,200,000

Median sale

$609/wk

Median rent

2.64%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full Newport report →

Keep researching

  • Why Newport? Read the area thesis →
  • What else is on the market in Newport →
  • Other records on Mirls St →

Listing material

Listed by Stockdale & Leggo Laverton/Altona/Point Cook

Contemporary Luxury Living in a Premium Location.

Presenting 3/20 Mirls Street, Newport - a brand-new, architecturally designed townhouse that exemplifies modern comfort, style and functionality across two thoughtfully crafted levels. Perfectly suited to families, investors or professionals, this home combines sophisticated design with everyday practicality in one of Newport's most coveted streets.

Step inside to discover a striking floating staircase that sets the tone for the home's elegant interiors. The ground floor features a versatile fourth bedroom with a semi-ensuite - ideal for guests or extended family. A separate laundry, internal access to the single lock-up garage and additional driveway parking offer convenience and flexibility. The open-plan kitchen, dining and living area is the heart of the home, showcasing stone benchtops, a walk-in pantry and a designer TV wall. Sunlight pours through the space, which flows effortlessly to a decked courtyard and low-maintenance back yard, creating a relaxed setting for entertaining or modern family living.

Upstairs, the layout has been designed for comfort and privacy. The grand master suite boasts a spacious walk-in robe and a stylish ensuite, while the remaining bedrooms feature built-in robes and share a central bathroom. A flexible retreat area provides the perfect second living space - ideal for a kids' rumpus, home office or a quiet lounge. The home comes equipped with refrigerated heating and cooling, ensuring year-round comfort. Additional features include a rainwater tank, alarm and camera system and a street-facing position that combines security with curb appeal.

Read the full description

Low-maintenance living meets convenience, with Newport Lakes Primary School and Bayside P-12 within easy reach, plus proximity to local parks, sporting reserves, Newport Train Station, and the vibrant Newport shopping precinct.

This is a rare opportunity to secure a designer home that balances luxurious features, functional living, and a premium lifestyle.

For more information or to arrange a private inspection, contact Rahul on 0481 364 666 or Sunny on 0433 002 485.

Note: Photo ID is required upon inspection. While every care has been taken to ensure accuracy, the information provided does not constitute any representation by the vendor or agent. Prospective purchasers are advised to conduct their own investigations..

Listing description written by Rahul Assudani, Stockdale & Leggo Laverton/Altona/Point Cook — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 2
  • Toilets: 1

Also look at

Also for sale in Newport

  • 132B Market St, Newport VIC 3015

    3-bed townhouse for sale. Asking $850K–$890K.

    For sale
  • 4 Lloyd St, Newport VIC 3015

    3-bed house for sale. Asking $1.15M–$1.25M.

    For sale
  • 43 Salisbury St, Newport VIC 3015

    4-bed house for sale. Asking $1.38M–$1.48M.

    For sale
  • 60A Oxford St, Newport VIC 3015

    5-bed house for sale. Asking $1.98M–$2.08M.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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