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VIC › Bungaree › Bungaree Wallace Rd

234 Bungaree Wallace Rd, Bungaree VIC 3352

House

$650,000

Last sold

25 May 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

962 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $650,000 (25 May 2024).(Recorded sale)
  • FactLand 962 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bungaree (last 5 years) with land size: median $178/m² of land (n=8). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned FARMING ZONE (FZ) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$650,000

25 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Bungaree (last 5 years) with land size have a median of $178/m² of land (n=8). Districts calculation from recorded sales — not a valuation.

Bungaree at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Bungaree report →

Planning

Planning and development

Planning scheme

ZN

Zone

FARMING ZONE

FZ

Jurisdiction

Moorabool

Moorabool, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 5483941

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$650,00025 May 2024
  2. Listedprice unknowncompleted2 Apr 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned FARMING ZONE · FZ (ZN). Official parcel area about 927 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.

What could kill that thesis?

Confidence: low

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 927 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

Income, competition, and yield

What will it realistically rent for?

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned FARMING ZONE · FZ (ZN). Official parcel area about 927 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Unknown

    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.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 927 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bungaree in one glance

Bungaree at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Bungaree report →

Keep researching

  • Why Bungaree? Read the area thesis →
  • What else is on the market in Bungaree →
  • Other records on Bungaree Wallace Rd →

Listing material

Listed by PRD Ballarat

Immaculate 4 Bedroom home, Melbourne Side of Ballarat

Images and Discover your dream lifestyle with this impeccable family residence, ideally positioned on a generous 962m2 allotment. Situated merely a 10-minute drive from the bustling heart of Ballarat CBD, this home ensures easy access to a range of amenities including supermarkets, shopping centres, and schools, while the Western Freeway is just 7 minutes away, making it a perfect blend of convenience and tranquility.

This exquisite property boasts four spacious bedrooms, each featuring built-in robes, with the fourth bedroom offering the added luxury of an ensuite equipped with a shower and vanity. The home's central family bathroom has been thoughtfully renovated to include a bath, vanity, and a shower with a niche, complemented by a separate toilet for added convenience.

At the heart of this family-oriented home lies an open plan kitchen, living, and dining area, designed with modern living in mind. The kitchen offers ample storage space, a dishwasher, a double sink, and a 600mm gas cooktop and oven, catering to all your culinary needs. Adjacent to the dining area, you will find a formal living room complete with a wood fire heater and ceiling fan, creating a cozy ambiance for relaxation and entertainment.

Read the full description

The property also features a large sunroom/rumpus area, providing a versatile space for entertainment throughout the year. Outdoors, the property presents an easy-to-maintain yard, boasting spacious lawns, established trees, and veggie patches, perfect for those with a green thumb.

Additional highlights include a large double lock-up garage, a workshop, a four-car undercover carport, two split systems for heating and cooling, evaporative cooling, timber floorboards throughout, and neat landscaping, ensuring both comfort and style.

This home offers a unique opportunity to join a welcoming country community, providing a perfect setting for families seeking a serene lifestyle without compromising on convenience. Schedule your private inspection today and take the first step towards making this gorgeous home yours.

Ballarat's Best-Selling Team

Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.