Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Bungaree › Lesters Rd
3
Bedrooms
1
Bathrooms
1
Car spaces
80,937.128 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bungaree (last 5 years) with land size have a median of $200/m² of land (n=9). Districts calculation from recorded sales — not a valuation.
Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
Planning
Planning scheme
ZN
Zone
FARMING ZONE
FZ
Jurisdiction
Moorabool
Moorabool, 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 FARMING ZONE · FZ (ZN). Official parcel area about 8,597 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 8,597 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2. 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
2 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE · FZ (ZN). Official parcel area about 8,597 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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 8,597 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2. 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
Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by PRD BallaratSituated within the tightly held Bungaree district which is a convenient 15 minute drive to Ballarat and offers easy access to Melbourne.
Approx total area of 20 acres consisting of 1 title and zoned farming under the Moorabool Shire planning scheme. The home block is fenced to include about 2.40 acres which is separated from the main paddock of some 18 acres via Hanrahan Lane. Two mile creek to the rear of the land feeds a dam providing water for livestock and irrigation of crops with a 9.9 surface water licence. The locals refer to this area as possum gully.
The house Circa 1940's sits on brick foundation and timber stumps with low maintenance cladding, colourbond roof which was replaced some years ago and consists of 3 bedrooms with two separate living zones. Towards the front of the home is the formal loungeroom which has been used as a fourth bedroom.
Galley style kitchen which has been upgraded, offering gas cooktop, electric oven which overlooks the meals area and living space which is warmed by a wood fire. The bathroom features a bath, tiled walls and floors plus vanity unit. The toilet is located next door to the laundry - mud room which includes a shower. High ceilings, polished timber floors and wide entrance hall way are just some of the original features in good order.
The land is currently under a lease arrangement till end of this financial year which is about $150 per acre and has been recently stripped of a wheat crop. The dirt is mostly deep red volcanic soil which this area is highly renowned for and good enough to produce a very successful spud crop.
Bungaree is well serviced by a friendly general store and farm supplies business, primary school, modern sports oval with bowls club and daily school bus into Ballarat.
The property is serviced by mains power, septic tank, has sealed road frontage, NBN internet is available for connection and house water is supplied from a stock and domestic bore offering crystal clear drinking water.
To be offered for sale by EOI closing Monday 6th March @ 4pm. All enquires to selling agent Chris Leonard 0409 0409 23 or chrisl@prdballarat.com.au.
Ballarat's Best-Selling Team
Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.