Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
VIC › Bannockburn › Wabdallah Way
$1,500,000
Last sold
22 Aug 2023
5
Bedrooms
2
Bathrooms
8
Car spaces
7,001.062 m²
Land
Districts View
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
Last sold
$1,500,000
22 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Bannockburn (last 5 years) with land size have a median of $1,034/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Vs Bannockburn
+109.8%
Median sale
Suburb $715,000
-2.07 pp
Gross yield
Suburb 3.96%
Suburb median $715,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
RURAL ACTIVITY ZONE - SCHEDULE 2
RAZ2
Jurisdiction
Golden Plains
Golden Plains, VIC
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
VICZoned RURAL ACTIVITY ZONE - SCHEDULE 2 · RAZ2 (ZN). Official parcel area about 746,315 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 746,315 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 18. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL ACTIVITY ZONE - SCHEDULE 2 · RAZ2 (ZN). Official parcel area about 746,315 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 746,315 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 18. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownThis contemporary residence boasts an impressive design, offering a perfect fusion of style, functionality, and comfort throughout its thoughtfully crafted spaces.
The home features five bedrooms, providing ample accommodation for a growing family or the flexibility to convert one into a study to suit your needs. The master suite features his and her walk-in robes, and a luxurious ensuite featuring a double basin and separate toilet. Each of the additional bedrooms are generously sized and includes built-in robes. The central living area showcases a cozy wood fire, creating an inviting ambiance and a cozy spot to unwind during colder seasons. Additionally, there is a second living space down the hallway.
The heart of the home lies within its contemporary kitchen with a walk-in pantry, ample storage, stone benches and a ceiling skylight creating an abundance of natural light. The outdoor oasis features a pool and spa combo, a built-in BBQ and bar fridge, allowing outdoor dining and entertaining. Additional features of this incredible home include a fully powered 12.5 x 20m shed with 17kw panels, double glazed windows, ducted heating and evaporative cooling throughout while the U-shaped driveway offers ample parking space.
- Luxurious five-year-old home in Bannockburn on 1.73 acres (approx.)
- Master bedroom with walk-in robes and lavish ensuite
- Additional bedrooms with built-in robes
- Multiple living areas including wood fire and kids' retreat
- Contemporary kitchen with walk-in pantry and stylish stone benches
- Undercover alfresco area with built-in BBQ and bar fridge
- Self-cleaning pool and spa combo
- Impressive 12.5x20m shed for storage and workspace
- Energy-efficient with solar panels, gas heating, and evaporative cooling
Listing description written by Aisha Coe, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.