Bungaree at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
VIC › Bungaree › Bungaree Wallace Rd
$280,000
Last sold
26 Feb 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
907 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
$280,000
26 Feb 2025 · 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
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 909 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 909 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2. 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 909 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 909 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 2. 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
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by PRD BallaratDiscover the potential of this charming miner's cottage, a true renovator's delight, nestled in the heart of Bungaree. Dating back to the early 1900s, this property is steeped in history and character. The traditional floorplan features a distinctive gun barrel hallway leading to three well-sized bedrooms and a formal lounge, all enhanced by polished timber floors that radiate warmth.
Set on a generous 907m2 allotment-just shy of a quarter-acre-the property offers a 13-meter frontage and stretches 69 meters in depth. The driveway on the right side of the home allows easy access to the rear of the block, where older-style sundry shedding provides ample storage or potential workshop space.
Zoned as a township and free from heritage overlays, this property is a blank canvas for your creative vision. Whether you aim to restore its original charm or introduce contemporary elements, the possibilities are endless. With annual rates of approximately $1,400, this is an affordable entry into a piece of Bungaree's history.
Essential services, including mains power, town water, and a septic tank, are already in place, with NBN internet available for connection, ensuring modern conveniences are within easy reach. Centrally located, the property is just a short walk from the Bungaree General Store, Primary School, and sports oval. The vibrant city of Ballarat is a mere 15-minute drive, and Melbourne is only an hour further.
Don't miss this unique opportunity to own a piece of Bungaree's history and craft your dream home in a community that offers both charm and convenience.
Ballarat's Best-Selling Team
Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.