SOLD
Sold on 11 Jul 2024 for $720,000

70 Geelong Road
Bannockburn VIC 3331

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 4023m2
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Brett Sager
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Michael Stevenson
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Property Details for 70 Geelong Rd, Bannockburn

Building Type
Rural
Land Size
4023m2
Local Government
Golden Plains
Lot/Plan
3/PS729119

Last Listing description (September 2024)

Located just minutes away from the town center, this 3-bedroom home sitting on approximately one acre (4033m2 approx) retains all of its original features and awaits its next owner to embark on a restoration journey and elevate the home to new heights.

Upon entry, you are welcomed into the carpeted living area, complete with a wood fireplace and a split system for heating and cooling, ensuring comfort all year round.

The kitchen features a freestanding electric oven and cooktop, along with generous bench space and a built-in pantry. From here, you can overlook the spacious backyard, adding to the charm of the home.

The bedrooms are thoughtfully situated towards the right wing of the house, offering ample living and entertaining space. The master bedroom is accompanied by an ensuite with a shower, while the other two rooms are equally spacious, with one of them featuring built-in robes. These rooms are served by the main bathroom.

Outside, a carport and a double-car shed are at your disposal, with extra workshop space that can also be utilized for storage until you realize your dream of building that perfect shed (STCA).

*Tenanted until July 2024*

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Property History for 70 Geelong Rd, Bannockburn, VIC 3331

A timeline of how this property has performed in the market
Last Sold
$720,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $720,000
  • 11 Jun 2024
    Listed for Sale $750,000 - $800,000
  • 27 Jul 2023
    Listed for Sale $750,000 - $800,000

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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 2,998 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.
There are currently 21 properties listed for sale, and 1 property listed for rent in Bannockburn on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Bannockburn.

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Brett Sager
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Michael Stevenson
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Andrews & Co Estate Agents
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