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 › Lowndes Rd
$905,000
Last sold
5 Nov 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
5,260.913 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$905,000
5 Nov 2021 · 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
+27.0%
Median sale
Suburb $712,500
-0.84 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 data is being calculated
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
VICPlanning 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.
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Roncon Real EstateOccupying approximately 1.34 acres, this property presents country-style living close to everyday essentials!
Soaring ceilings and new carpet enhance the freshly painted interiors, with the floorplan showcasing generous proportions throughout. The lounge provides a peaceful setting for relaxation, while a wood heater creates a cosy ambience in the spacious open plan living/dining/kitchen zone. You'll love that both living zones open onto the wrap-around alfresco, establishing a breezy indoor-outdoor flow for everyday enjoyment. The side alfresco inspires you to enjoy your coffee in the morning sunshine, while the entertaining area sets the scene for many fun-filled gatherings with family and friends.
The kitchen will delight with two built-in pantries and quality stainless steel appliances (new 600mm oven, 900mm gas cooktop, Miele dishwasher). Parents will appreciate that they can watch little ones in the backyard as they prepare dinner!
Double doors open onto the master bedroom, which creates a spacious retreat for busy parents. The walk-in robe provides plenty of storage, while the ensuite will impress with a large shower and spa bath. Three additional bedrooms with built-in robes share close access to the main bathroom, while the study makes working from home a breeze. The laundry and separate toilet complete the layout.
Other features include two split-system air conditioners, 5KW of solar panels, and a new hot water service. The remote double lock-up garage features internal access. Children will love exploring the expansive grounds, which are overflowing with potential. So why not create your dream garden oasis with a swimming pool (STCA)? Or construct the ultimate tradie's work shed (STCA)?
With the bustling hub of High Street moments away, you don't have to venture far for your shopping and dining needs. Schools and sporting grounds are within close reach for families, while the region's finest wineries are right at your fingertips. An approx. 30-minute drive will place you in the heart of Geelong, while easy Ring Road access means you'll be cruising over the West Gate in just under an hour.
Prospective rental return has been appraisal to achieve between $650 - $700 per week.
Roncon Real Estate – Always ON!
Disclaimer:
___________________________________________________________________
Disclaimer: All stated dimensions and areas are approximate and are to be used as a guide only. All particulars herein are for information only and do not constitute representation by the Owner or Agent. It is upon the purchaser to verify all specified items and dimensions, by doing their own due diligence.
Listing description written by Jess Templeton, Roncon Real Estate — reproduced as published, not verified by Districts.