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 › Milton St
$620,000
Last sold
3 Oct 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
390 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
$620,000
3 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Bannockburn (last 5 years) with land size have a median of $1,021/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
-13.0%
Median sale
Suburb $712,500
+0.59 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
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 389 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. The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 9. This overlay can reduce what the land size appears to promise. 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 389 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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 9. This overlay can reduce what the land size appears to promise.
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 The Geelong AgencyPositioned in the most convenient pocket of Bannockburn, just a short two-minute stroll to High Street's shops, cafes, schools and everyday amenities, this solid brick home is an outstanding opportunity for first-home buyers, downsizers or savvy investors.
Beautifully maintained and offering a practical layout, the home features three bedrooms, two bathrooms and spacious living zones filled with natural light. The large central kitchen flows seamlessly to the dining and lounge, which has breathtaking beautiful cathedral ceilings creating a real sense of space and welcoming heart of the home.
Outdoors, the secure backyard and undercover alfresco offers room for young children and pets to play or host a family BBQ, while the established gardens add charm and privacy. A single garage and additional off-street parking complete the package.
Key features:
- Solid brick construction with a picture perfect, timeless street appeal
- Cathedral ceiling and gas log fire in living/lounge
- 3 bedrooms, 2 bathrooms, ideal for families or downsizers
- Master bedroom is spacious with stunning bay windows, ensuite and walk in robe.
- Ceiling fans in all 3 bedrooms
- Spacious living with a central kitchen and dining area
- Well cared for and ready to enjoy, with scope to add your own touches
- Walking distance to Bannockburn's shops, schools and cafes
- Single garage plus off-street parking
- Set on a secure block with private rear yard
- Low maintenance and great rental return for an astute investor
Whether you're seeking a move-in-ready home in a prime location or an investment with strong growth potential, 16 Milton Street delivers the best of Bannockburn living – all within footsteps of the town centre.
Quality homes at this price point don't last long in Bannockburn.
Nathan Brown and The Geelong Agency welcomes you home.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Nathan Brown, The Geelong Agency — reproduced as published, not verified by Districts.