Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
VIC › Bunyip › South Bank Rd
$1,300,000
Last sold
3 Apr 2025
5
Bedrooms
3
Bathrooms
4
Car spaces
20,234.282 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
$1,300,000
3 Apr 2025 · derived via latest_sale
Local land rate: recorded Rural Property sales in Bunyip (last 5 years) with land size have a median of $230/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Bunyip
+47.7%
Median sale
Suburb $880,000
-0.93 pp
Gross yield
Suburb 2.87%
Suburb median $880,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GREEN WEDGE ZONE - SCHEDULE 1
GWZ1
Jurisdiction
Cardinia
Cardinia, 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.
The official layer maps a flood zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
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 GREEN WEDGE ZONE - SCHEDULE 1 · GWZ1 (ZN). Official parcel area about 22,462 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 22,462 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY; RESTRUCTURE OVERLAY - SCHEDULE 51. 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 is recorded. Suburb median rent $486/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 22,462 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY; RESTRUCTURE OVERLAY - SCHEDULE 51. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GREEN WEDGE ZONE - SCHEDULE 1 · GWZ1 (ZN). Official parcel area about 22,462 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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?
KnownmediumOfficial parcel about 22,462 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY; RESTRUCTURE OVERLAY - SCHEDULE 51. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium99.8% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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
Bunyip at a glance
3,461
People
$880,000
Median sale
$486/wk
Median rent
2.87%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant PakenhamYour own private Haven on 5 acres. Nestled 2 minutes from the Bunyip Township, Barry Plant Pakenham is proud to present to you, 195 South Bank Road, Bunyip. This beautiful light filled home with return veranda capturing the full view of the beautiful surrounds offers spacious living in a premium location.
Someone looking for a tree change will appreciate this peaceful location just minutes from all the town's amenities.
There are 4 generous size bedrooms with a beautiful master with ensuite and walk in robe and sitting area. The country kitchen is well-appointed with an abundance of storage, huge central island, 900mm Oven, gas cooktop, dishwasher and sizeable pantry; a large dining area and family room completes this space. In addition to this, a separate living area to the rear of the home completes this incredible family friendly home.
Quality features throughout this beautiful farmhouse include quality flooring, quality carpet to bedrooms and study, quality window furnishings, high ceilings, wood fire heating to family room and quality light fixtures.
The alfresco area steps seamlessly from the kitchen/dining ready to entertain family and friends or just relax and enjoy the view after a hard day's work. Overlooking the pool area and surrounding vistas, this is a ultimate retreat.
In addition to this, we have a two car garage, oversized carport, and fully self contained home office area or 5th bedroom.
The grounds surrounding the home are established with pristine hedging, beautiful shade trees and rolling lawns, enjoy an amazing peaceful lifestyle…this is an exceptional opportunity to secure a very special place to come home to.
Listing description written by John Edwards, Barry Plant Pakenham — reproduced as published, not verified by Districts.