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VIC › Bannockburn › Rosemond Way

62 Rosemond Way, Bannockburn VIC 3331

House

$585,000

Last sold

16 Sept 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

490 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 $585,000 (16 Sept 2021).(Recorded sale)
  • FactLand 490 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bannockburn (last 5 years) with land size: median $1,021/m² of land (n=84). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$585,000

16 Sept 2021 · derived via latest_sale

Local land rate: recorded House sales in Bannockburn (last 5 years) with land size have a median of $1,021/m² of land (n=84). Districts calculation from recorded sales — not a valuation.

Bannockburn at a glance

7,161

People

$712,500

Median sale

$544/wk

Median rent

3.97%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Bannockburn report →

Vs Bannockburn

-17.9%

Median sale

Suburb $712,500

+0.87 pp

Gross yield

Suburb 3.97%

Suburb median $712,500 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$585,00016 Sept 2021
  2. Listedprice unknowncompleted2 Sept 2021

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

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

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

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

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Bannockburn in one glance

Bannockburn at a glance

7,161

People

$712,500

Median sale

$544/wk

Median rent

3.97%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Bannockburn report →

Keep researching

  • Why Bannockburn? Read the area thesis →
  • What else is on the market in Bannockburn →
  • Other records on Rosemond Way →

Listing material

Listed by Gartland Property

Perfect first home or investment opportunity in supreme location!

Set in a beautiful family friendly neighbourhood, this stunning 3-bedroom home is the perfect first home solution or investment property to add to your portfolio. Standout from the crowd with a beautifully presented streetscape and modern-day façade. Once inside, this family friendly layout is sure to impress with separate dual living zones.

The impressive kitchen quite literally is the centrepiece of the home, positioned as a central hub within, establishing this home the perfect entertainer. Featuring a walk-in pantry, tiled splash back, stoned bench tops, overhead cupboards and feature lighting, this modern-day kitchen is truly a dream. Opening out onto the central undercover outdoor space and yard, this home quickly becomes an indoor/outdoor haven.

The main bedroom positioned at the front of the house features a large walk-in robe and ensuite. The further two bedrooms, positioned to the rear of the home both of built-in robes. All three bedrooms are carpeted and furnished with window coverings.

Read the full description

Directly opposite, the new Bannockburn P-12 College with sporting grounds offers an amazing school option and weekend activity space. As well as only a short distance from the Bannockburn Shopping precinct, this location truly is exceptional for your next purchase.

Other mod cons include, remote lock up double car garage, downlights throughout, split system heating and cooling, electric oven and cooktop and undercover alfresco area.

For further information, please contact Michael Tricarico on 0448 586 652 today.

Potential rental return $420 - $440 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.

To protect the health and safety of all Gartland Property staff and clients, and in line with current COVID-19 updates, you will be asked to adhere to the current regional Victoria restrictions when inspecting this property.

These include;

• Wearing a mask at all times when indoors.

• Keeping 1.5m distance during your visit, where possible.

• A limit of 10 people applies at all open for inspections and a limit of 100 people applies at all auctions, subject to density limits of 1 person per 4sqm.

• QR code check-in is now a Victorian Government requirement at all open for inspections and auctions.

Listing description written by Michael Tricarico, Gartland Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
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.