Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Bungaree › Lesters Rd
$730,000
Last sold
4 Mar 2022
3
Bedrooms
2
Bathrooms
0
Car spaces
4,653 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
$730,000
4 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Bungaree (last 5 years) with land size have a median of $254/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
Planning
Planning scheme
ZN
Zone
FARMING ZONE
FZ
Jurisdiction
Moorabool
Moorabool, 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 FARMING ZONE · FZ (ZN). Official parcel area about 4,840 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 4,840 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
2 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE · FZ (ZN). Official parcel area about 4,840 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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 4,840 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
Bungaree at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by PRD BallaratThis property has been renovated with style and class on approximently 4654 square metres with stunning classical features such as original refurbished timber floor boards, high ceilings, wood panelling, exposed timber ceiling beams, slate flooring and stain glass windows. This property was previously owned by James Egan, a famous Australian artist and now home to another great artist.
The home houses 3 generous bedrooms with built in or walk in robes throughout, ample storage and soft underfoot carpet. The ensuite is light and bright with stylish shower vanity and toilet.
Kitchen includes electric cooktop, oven and dishwasher in a perfect position with direct access to the large formal dining area. Or have have your morning coffee gazing out over the spectacular countryside in the alternative dining area with white wash bricks, slate flooring with circular archway leading to the relaxing living space with wood fire.
The rear fully enclosed sunroom is a fantastic feature of the property with windows all around, its own kitchenette, kanara heating and direct access to the main bathroom with shower, vanity and toilet.
Take a step outside into the breathtaking gardens and native fauna that provide many peaceful areas for relaxation including a secluded fire pit area and even a rear paddock for animals. With shades of yesteryear, the property has its own original workers cottage that has been refurbished on the inside. Making it a peferct workspace with power and heating. Additional Shedding and rear studio workshop means this property ticks every box.
Bungaree is a fantastic township with easy access to the Western Freeway and only 15 minutes from Ballarat and 80 minutes to Melbourne.
For further information and to book your own private inspection please contact Jake Clark at PRD Real estate on 0400194418
Listing description written by Jake Clark, PRD Ballarat — reproduced as published, not verified by Districts.