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 › Bournbank Ave
$680,000
Last sold
7 May 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
714 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
$680,000
7 May 2025 · 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
-4.9%
Median sale
Suburb $715,000
+0.20 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 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
$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 Stockdale & Leggo BannockburnWhether its the First Home Buyer, Downsizer or Investor, you wont be disappointed.
This family home features three bedrooms, each with ceiling fans - master with walk-in robe and updated ensuite, with the remaining bedrooms each having built in robes and are central to the family bathroom and separate toilet. There is also a separate study which is perfect for working from home whilst also providing potential for a fourth bedroom.
A separate formal living room is at the front of the house - ideal for a parents retreat.
The heart of the home is the spacious open plan meals/kitchen/living area featuring vibrant mint green kitchen cabinetry and comes complete with a dishwasher, gas cooktop, oven and ample storage space. The large island bench caters for the whole family to congregate around. Split system cooling and natural gas ducted heating will ensure comfort all-year round. The home is perfectly suited for entertaining guests with dual sliding doors leading out to a spacious pitched roof alfresco area. You will love this!
A grassed area for kids and pets to play in the rear yard is also bordered by plenty of established trees.
This tastefully quirky and eclectic styled Dennis Family Home Built home located in a quiet and established part of Bannockburn is sure to catch the eye.
It has the WOW factor at every turn. From the private established front garden, you will be amazed at what lies behind the front door. Everyone needs some colour in their lives!
This family home has the lot - just move in and enjoy.
Additional Features:
- Massive 18 panel 6.6KW solar system
- Electricity Bills average $50 per month for the year
- Mains Natural Gas Connected
- As new Heat Pump Hot Water System
- Garden Irrigation System
- 6m x 4m Stand Alone Workshop with power and concrete
Located in a quiet court, this property has great convenience for schools, shopping and local sports. Just 25 minutes from Geelong and 15 minutes from the Ring Road. Enquire today!
Listing description written by Andrew Wilson, Stockdale & Leggo Bannockburn — reproduced as published, not verified by Districts.