Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
VIC › Bannockburn › Knights Park Cres
5
Bedrooms
2
Bathrooms
5
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
Last sold
No recorded sale price for this property yet.
Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
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 $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.
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.
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
Bannockburn at a glance
7,161
People
$715,000
Median sale
$544/wk
Median rent
3.96%
Suburb gross yield
Median sale from 77 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gartland PropertyCURRENT BID $800,000 - 2 QUALIFIED BIDDERS. For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Seka Powell on 0409 235 245 immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.
Whatever property vision you have, it can happen right here on this highly adaptable patch. This well-positioned 5-acre parcel (approx.) is zoned low-density residential and offers a great opportunity for a boutique development project or land-banking (STCA). It is also perfect for a tradie, horse-owners, truck-drivers and anyone who needs space for stables, and sheds etc.
With easy vehicle access to the Midland and Geelong Ring Rd, and also within walking distance to all services and amenities on offer in the growing township of Bannockburn, the location is a winner.
The 5-bedroom home is solid and in good order. The master offers an ensuite and there is a family bathroom, with bath, laundry, and a separate toilet. The central kitchen has a dishwasher, electric hotplates, wall-oven, and a pantry. Completing the picture is a family living and dining area a spacious separate lounge and dining room plus a rumpus/children's area to the back of the home.
Outside you will find water tanks, a 6x10m powered and concreted shed, a second 4x7m powered and concreted shed, a super double-carport with remote roller-doors and a covered entertainment area. There is an in-ground saltwater pool, which is low-maintenance, to provide unlimited family fun in the summers.
This multi-faceted property provides an incredible opportunity and top value for an astute investor. Highly adaptable properties with this sort of potential are a rarity in today's market.
Do not hesitate on this one - ring today for more information.
In order to protect the health and safety of all Gartland Property staff and clients, and In-line with current COVID-19 (Coronavirus) updates, you may be asked to adhere to current social distancing recommendations when inspecting this property.
Listing description written by Seka Powell, Gartland Property — reproduced as published, not verified by Districts.