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VIC › Huntly › Banksia Rd

104 Banksia Rd, Huntly VIC 3551

For saleHouse for Sale

$995,000–$1,075,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

7

Car spaces

20,234.282 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $995,000–$1,075,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $995,000–$1,075,000(Listing record · 21 Oct 2025)
  • CalculationLand 20,234 m² against a 202 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 55% above the Huntly median recorded sale ($640,000, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Huntly's advertised median rent ($524/wk), implied gross yield would be 2.74% — 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

$995,000–$1,075,000

Asking range · $49/m² of land

No recorded sale for this property.

Huntly at a glance

5,211

People

$640,000

Median sale

$524/wk

Median rent

4.26%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Huntly report →

Vs Huntly

+55.5%

Median sale

Suburb $640,000

-1.52 pp

Gross yield

Suburb 4.26%

Suburb median $640,000 from 77 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
$995,000
Stamp Duty (Victoria)
$54,725
Transfer/Registration Fee
$2,433
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
$1,055,858

$60,858 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

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

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

Net yield
1.24%
Annual cashflow (pre-tax)
$-39,417
Interest cover (DSCR)
0.24
Annual rent
$27,248
Operating expenses
$14,925
Loan amount
$796,000
Annual interest
$51,740
Gross yield
2.74%

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$995,000–$1,075,000available20 Oct 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 $524/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 2.7%. 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

Huntly in one glance

Huntly at a glance

5,211

People

$640,000

Median sale

$524/wk

Median rent

4.26%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Huntly report →

Keep researching

  • Why Huntly? Read the area thesis →
  • What else is on the market in Huntly →
  • Other records on Banksia Rd →

Listing material

Listed by Gavin Butler Real Estate

Outstanding modern family home on a beautiful 5 acres

- This beautiful family home presents the perfect opportunity for the family wanting a spacious modern family home on 5 acres of cleared land suitable for a range of purposes. The home has a versatile floor plan complemented by an outdoor entertaining space and high quality finishes; this property is designed to accommodate the living and entertaining requirements of modern family life. With 5 acres of cleared acreage the property is perfect for those wanting a quiet rural lifestyle on the land. An outstanding property with many options for your family, the opportunities for your children or grand children are endless on a rural property such as this.

- Lovely rural farmlet on 5.0 acres with an outstanding modern four bedroom family home plus office for comfortable living with a stunning outlook

- An impressive and refined design offering all the quality and style necessary to appeal to all families looking for that extra special family home

Read the full description

- Entering the home you are greeted with a sleek, expansive, light filled interior that offers four bedrooms and a large open plan design

- With approximately 22.0 squares of living every member of the family can find time to pursue their own interests at this luxurious home. The open plan offers two living areas which includes a large open plan kitchen/dining family room and separate formal lounge overlooking the landscape

- Four large bedrooms, master with walk in robe and ensuite, three additional bedrooms have built in robes, two with desks. There is also a separate office with desk etc

- The renovated designer kitchen is very well appointed and features ample cupboard space, dishwasher, granite bench tops and pantry. Gorgeous tassie oak floors throughout that create warmth and beauty

- The property has fabulous shedding/workshop, stables, shelters, tack room and feed prep room. There is undercover garaging for six vehicles

- The property has cleared acreage with ample tank water (4 x 22,500 litres) and the property is truly the best opportunity for the growing family wanting to live a rural lifestyle reasonably close to city conveniences

- The property is divided into separate paddocks - ideal for horses, cattle, cropping or sheep for the hobby farmer. Perfect opportunity to establish more fruit trees and to get the vegetable gardens going

- Front and rear verandahs and a fabulous entertaining space to relax and enjoy the outlook over this beautiful rural property. There is a sparkling pool just off the entertainment space with decking

- A solid fuel heater is two sided for the lounge and living space, ducted evaporative cooling, ceiling fans and split system reverse for comfort all year round

- For the tradie there is a workshop and ample shedding for vehicles, trailers, boats etc There is undercover parking for a minimal of six vehicles as the property has a carport, double garage and workshop with parking for additional vehicles

- Cleared acreage, perfect home and property for those wanting the perfect lifestyle property

- Magnificent opportunity for those wanting the open spaces and fresh country air

- Only twenty minutes into the CBD of central Bendigo

This lovely home and property presents a great opportunity for the family wishing to secure an affordable acreage property. It truly is the ultimate lifestyle property. Yes you could move in immediately and enjoy what the property and home have to offer.

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 1055

Listing description written by Paul Dalton, Gavin Butler Real Estate — reproduced as published, not verified by Districts.

Property features

  • Floorboards
  • Fully Fenced
  • Remote Garage
  • Water Tank
Districts

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.