Bannockburn at a glance
7,161
People
$712,500
Median sale
$544/wk
Median rent
3.97%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
VIC › Bannockburn › Ware St
$707,000
Last sold
3 June 2024
4
Bedrooms
2
Bathrooms
0
Car spaces
1,429 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$707,000
3 June 2024 · 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
$712,500
Median sale
$544/wk
Median rent
3.97%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Bannockburn
-0.8%
Median sale
Suburb $712,500
+0.03 pp
Gross yield
Suburb 3.97%
Suburb median $712,500 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 1,442 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. 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 1,442 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?
KnownmediumOfficial parcel about 1,442 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
$712,500
Median sale
$544/wk
Median rent
3.97%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Geelong | NewtownThis enchanting weatherboard home exudes warmth and character, offering a serene retreat while being conveniently close to Bannockburn town centre. Recently renovated into a beautiful country farmhouse style, you will be immediately welcomed by the inviting open and bright kitchen area, adorned with a cozy fireplace that sets the tone for comfortable gatherings. Revel in the joy of cooking and entertaining with the modernised kitchen space, featuring contemporary finishes and plenty of room for culinary creativity. The thoughtful layout of the kitchen space extends to a well-appointed and spacious open living area that overlooks the established back garden.
This residence features a split system in both the open living area and the main bedroom, ensuring year-round comfort. Whether you're enjoying a quiet evening by the fireplace or seeking refuge in the tranquillity of the main bedroom, this home provides the perfect blend of relaxation, charm and functionality. Privacy is a key feature, offering a peaceful haven surrounded by nature. The property boasts two incredibly generously sized bedrooms, providing ample space for family or guests and a newly renovated main bathroom.
The renovations extend beyond aesthetics, including new carpets, fresh paint on ceilings and walls, and upgraded lighting fixtures throughout the residence. An incredible opportunity to own an unusually rare block of 1,429sqm (approx.) that is still full of opportunity to add a pool, large shed, extend or design an even more flourishing garden.
- Split systems in living and main bedroom
- Cozy fireplace in living area
- Newly Renovated Kitchen
- Private tree-lined neighborhood
- Outdoor entertaining area
- Solar Panels
- Gas bottle connections
- Brilliant sized block 1,429sqm (approx.)
- Ceiling fans
- Mains sewer
Listing description written by Aisha Coe, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.