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This property has been sold for $1,750,000 on 20 Mar 2026
19 days on market
Market context at sale
Property overview
This 5-bedroom other at 16 Falkirk Road in Nerrina, VIC 3350 sold for $1.8M in March 2026, with 3 bathrooms and parking for 6. It offers 1,911 m2 of internal living space. The median unit price in Nerrina is $510K. There are 21 schools within roughly 5km, and the area scores 1 for walkability out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $1,900,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
19
Investment Score
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Nerrina at a glance
Unit market signals | VIC 3350
Median
$510K
estimate
Market signals
To CBD
99 km
Est. Valuation
$1,839,650
Potential Sell Price
Est. Rent/wk
$737
Potential Gross Yield
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,900,000
- Stamp Duty (Victoria)
- $104,500
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $2,009,700
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3350
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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