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Contact Agent For Address
Bannockburn VIC 3331

Bedrooms: -
Bathrooms: -
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Land area: 2ac
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Prime Development Opportunity in Central Bannockburn

This exceptional property offers a fantastic development opportunity right in the heart of Bannockburn. Zoned General Residential 1 (GRZ1), the site is ideally suited for residential development. Spanning approximately 2 acres, the land includes an existing 3-bedroom weatherboard home and offers outstanding potential for multi-unit development or redevelopment (STCA). With its central location, the property is within close reach of all local amenities, making it highly convenient and appealing to future residents or investors. Don’t miss this chance to capitalize on an amazing investment opportunity!
Contact Jatinder on 0430 111 033 or Manu on 0457 696 679 for more information and to secure this prime piece of real estate today!
PLEASE NOTE: Photos are for illustration purposes only.
Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. All information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Greenfields Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.
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Property Details for Contact Agent For Address, Bannockburn

Building Type
Land
Land Size
2ac

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About Bannockburn 3331

The size of Bannockburn is approximately 82.7 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Bannockburn in 2011 was 3,513 people. By 2016 the population was 5,256 showing a population growth of 49.6% in the area during that time. The predominant age group in Bannockburn is 0-9 years. Households in Bannockburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bannockburn work in a trades occupation. In 2011, 86.8% of the homes in Bannockburn were owner-occupied compared with 84.4% in 2016.

Bannockburn has 2,984 properties. Over the last 5 years, Houses in Bannockburn have seen a 131.54% increase in median value, while Units have seen a 26.08% increase. As at 30 September 2024:

  • The median value for Houses in Bannockburn is $1,072,729 while the median value for Units is $339,536.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 20 properties listed for sale, and 2 properties listed for rent in Bannockburn on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Bannockburn.

Suburb Insights for Bannockburn 3331

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Jatinder Aashat
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Rick Sharp
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Greenfields Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.