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 › Bungaree Wallace Rd
3
Bedrooms
1
Bathrooms
2
Car spaces
1,000 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bungaree (last 5 years) with land size have a median of $200/m² of land (n=9). 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
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 1,007 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 1,007 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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 1,007 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 1,007 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 BallaratOffering exceptional value in a sought-after country setting, this well-maintained circa 1970s home presents an outstanding opportunity for first home buyers, investors or those looking to enjoy a relaxed rural lifestyle without stretching the budget.
Set on approximately 1,000m² (around a quarter of an acre in the old scale), the home has been lovingly cared for and is in excellent condition for its age. With fertile soils, established surrounds and practical improvements already completed, it's ready to move in and enjoy.
Inside, the home comprises three generous bedrooms, all with built-in robes, along with an updated family bathroom featuring a bath, shower and vanity, plus a separate toilet for added convenience.
The renovated kitchen, updated within the past 10 years, includes a dual stainless steel sink, electric oven and cooktop. Adjacent is the meals area and a cosy second living space complete with a freestanding wood heater, while the spacious formal lounge at the western end of the home provides an additional area to relax and entertain.
Outdoor living is well catered for with both front and rear verandahs, a paved entertaining area and a double garage positioned at the end of the sealed bitumen driveway.
Additional features include:
• Approx. 1,000m² allotment with highly fertile soil
• Mains power and town water
• Septic system
• NBN available for connection
• Reverse-cycle split system heating and cooling
• Electric hot water service
• Freestanding wood heater
Conveniently located, you'll find Bungaree's modern sporting facilities, general store, primary school and Kryal Castle all close by. Ballarat is just a 10-minute drive away, with a daily school bus stop only a short walk from the property. Ballan Railway Station is approximately 15 minutes away, providing easy commuting, while Melbourne can be reached in around 75 minutes.
Affordable, comfortable and packed with potential, this is a fantastic opportunity to secure your place in the property market while enjoying the benefits of country living.
Ballarat's Best-Selling Team
Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.