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 › Glen Avon Dr
$1,310,000
Last sold
13 July 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
6,070.285 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
$1,310,000
13 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Bannockburn (last 5 years) with land size have a median of $1,032/m² of land (n=85). 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
+83.2%
Median sale
Suburb $715,000
-1.80 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 scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1
LDRZ1
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 LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 14,671 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 14,671 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. 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 LOW DENSITY RESIDENTIAL ZONE - SCHEDULE 1 · LDRZ1 (ZN). Official parcel area about 14,671 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?
KnownlowOfficial parcel about 14,671 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 5. 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
$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 McGrath Geelong | NewtownLess than three years old, this residence presents elegant family living upon approx. 1.5 acres.
High ceilings enhance the quality interiors, which exude a light and airy ambience from the moment you step inside. Four spacious living zones create a flexible layout for families, while also providing sensational entertaining options. The open plan living zone unites with the sheltered alfresco via glass stacker doors, which will astound with a picturesque outlook over the lush green paddocks. The kitchen is beautifully appointed with stone benchtops, a butler's pantry and SMEG stainless steel appliances.
Tradies will be impressed the approx. 16 x 9.1 metre work shed, which boasts tall roller doors (one remote) and three-phase power. With a glass sliding door located at the rear of the shed, there is also the potential to set up your dream home office. The spacious grounds provide plenty of space for children and pets to play.
This peaceful location promises country living while still being close to local amenities. The bustling town centre takes care of all your shopping needs, while schools are within easy reach for families. Just jump in the car, and you'll soon be in the heart of Geelong or cruising down the Ring Road on your way to Melbourne.
- Kitchen also boasts a large walk-in pantry and breakfast bar
- SMEG dishwasher and 900mm oven, gas cooktop, rangehood
- Heavenly master bedroom features a large walk-in robe and en suite
- Four additional bedrooms with walk-in robes and main bathroom
- Stone benchtops enhance both bathrooms and the powder room
- Zoned ducted heating/cooling and ceiling fans provide comfort
- Double-glazed windows to main living zone and kitchen
- Security cameras, security system and sensor lights
- 22, 500L rainwater tank with pump connected to garden taps
- Provision for solar panels and irrigation system
- Remote double lock-up garage features internal access
Listing description written by Wayne Baker, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.