156 Burnside RoadBannockburn VIC 3331
Property Details for 156 Burnside Rd, Bannockburn
Last Listing description (September 2024)
FOR SALE for the first time in over 32 years!
Zoned Low Density Residential, this prime positioned 4.2 acre (approx) vacant block provides ample opportunity for the smart buyer. Could become a 4 lot subdivision (STCA) or imagine a huge ranch style home with the biggest shed possible but also retaining at least 2 acres to play with - maybe horses, sheep or a bike jumps setup for the kids?? Older style double garage/shed onsite. Endless possibilities right in the middle of Bannockburn with close access to the Hamilton Hwy. Land bank, develop or build.
With what you pay for a decent house on 1 acre, for a bit more you could have it all.
Property History for 156 Burnside Rd, Bannockburn, VIC 3331
- 07 Aug 2024Sold for $1,112,500
- 25 Jul 2024Listed for Sale Not Disclosed
- 11 Apr 2024Listed for Sale Not Disclosed
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0About 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 2,999 properties. Over the last 5 years, Houses in Bannockburn have seen a 48.79% increase in median value, while Units have seen a 24.90% increase. As at 31 October 2024:
- The median value for Houses in Bannockburn is $708,184 while the median value for Units is $341,079.
- Houses have a median rent of $550 while Units have a median rent of $400.
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