Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
VIC › Warrnambool › Banksia Dr
$1,795,000
For sale
Asking
5
Bedrooms
2
Bathrooms
4
Car spaces
5,320 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$1,795,000
Asking · $337/m² of land
No recorded sale for this property.
Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Warrnambool
+184.9%
Median sale
Suburb $630,000
-2.69 pp
Gross yield
Suburb 4.14%
Suburb median $630,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$106,039 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Warrnambool's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $501/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wilsons Warrnambool & District Real EstateSet high above the Hopkins River, this substantial, high quality and difficult to fault family home enjoys impressive outlooks from most of its rooms. From misty mornings and sunsets over the water to the city lights at night, the views extend towards Port Fairy and the Southern Ocean.
Positioned on approximately 1.3 acres, the five-bedroom, two-bathroom home has been beautifully maintained since it was built around 25 years ago. It is the ultimate entertainer's home.
The sense of space is immediate, with wide hallways, huge main living area, high ceilings and large windows drawing your attention to the ever-changing outlook.
Key features include:
- Five bedrooms and two bathrooms
- Wonderful northerly aspect
- Three separate living areas
- Dedicated dining room
- Fully enclosed alfresco area
- Underground wine cellar
- Two wood fires and a wood heater, plus split systems for instant heating and cooling.
- Ceiling fans throughout
- Dual driveway access
- Large three-car garage
- Additional carport suited to a boat or caravan
- Approximately 1.3 acres
The three living zones provide plenty of room for family life, from relaxed evenings by the fire to summer afternoons in the enclosed alfresco. The kitchen and dining areas sit at the heart of the home, connecting easily with the main living spaces.
A standout feature is the underground wine cellar—cool, private and with plenty of room for a serious collection.
Dual driveways make access easy for extra vehicles and guests, while the three-car garage and separate carport provide excellent storage for cars, a boat or caravan.
Located in one of Warrnambool's tightly held riverside pockets, the property offers privacy and space while remaining only minutes from the river, beach and town.
A rare opportunity to secure a quality home, a generous parcel of land and an outlook that would be difficult to replace.
While some of our properties are available to inspect at open homes, ALL of our properties are available to be inspected by appointment. Get in touch to arrange a time that suits.
Disclaimer:
For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.
Listing description written by Wilsons Sales, Wilsons Warrnambool & District Real Estate — reproduced as published, not verified by Districts.