SOLD
Sold on 15 Jun 2024 for $1,360,000

53 Madden Road
Bannockburn VIC 3331

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 177m2
Land area: 41385m2
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Property Details for 53 Madden Rd, Bannockburn

Building Type
Rural
Year Built
2002
Floor Size
177m2
Land Size
41385m2
Local Government
Golden Plains
Lot/Plan
1/TP18706

Last Listing description (August 2016)

Approximately 9.76 acres (3.95Ha) of sound elevated productive country.
3 Bedroom Brick Veneer Home, well presented in parkland setting.
Garaging, Shedding, Stable.

Securely watered by town water connected and rain water storage.
?Hillswick? Situated on the edge of Bannockburn in a tightly held and capital appreciating region. Ideal viticulture, horses and all forms of intensive agricultural pursuits.
1 Minute Bannockburn, 10 Minutes Ring Road, 12 Minutes Geelong (bay & beaches), 25 Minutes Avalon Airport, 65 minutes Melbourne CBD & International Airport.

Property History for 53 Madden Rd, Bannockburn, VIC 3331

A timeline of how this property has performed in the market
Last Sold
$1,360,000
15 Jun 2024
  • 15 Jun 2024
    Sold for $1,360,000
  • 26 Aug 2016
    Sold for $710,000
  • 12 May 2016
    Listed for Sale $710,000
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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 2,983 properties. Over the last 5 years, Houses in Bannockburn have seen a 29.07% increase in median value, while Units have seen a 38.17% increase. As at 31 August 2024:

  • The median value for Houses in Bannockburn is $608,383 while the median value for Units is $441,429.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Bannockburn on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Bannockburn.

Suburb Insights for Bannockburn 3331

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Disclaimer
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.