OFF MARKET

8 Hermitage Place
Bannockburn VIC 3331

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 547m2
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Last updated 11 Nov 2024
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Property Details for 8 Hermitage Pl, Bannockburn

8 Hermitage Pl, Bannockburn is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 547m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
2011
Floor Size
122m2
Land Size
547m2
Local Government
Golden Plains
Lot/Plan
40/PS627285

Last Listing description (June 2022)

This three bedroom family home is perfectly situated close to all local schools, shops and sporting ovals. Spacious master bedroom with ensuite and walk in robe and other two bedrooms have built in robes. The open plan kitchen/meals area features a stainless steel dishwasher, electric oven and cooktop and opens out to an undercover entertainment area with fully fenced back yard with side access. The family sized bathroom features separate bath and shower. Separate toilet plus laundry with ample storage, split system heating/cooling complete this lovely family home. Double lock up garage with direct access into the home.
If you are looking to enter the property market or downsizing this could be the perfect home for you. Or with the current rental crisis and a major shortage of rental properties, now is the ideal time to add to your portfolio and take advantage of the low vacancy rates and high rental yields.

Property History for 8 Hermitage Pl, Bannockburn, VIC 3331

A timeline of how this property has performed in the market
Last Sold
$610,000
03 May 2022
Listed for Rent
$400/w
16 May 2019
  • 03 May 2022
    Sold for $610,000
  • 11 Apr 2022
    Listed for Sale $590,000 - $625,000
  • 24 Apr 2019
    Listed for Rent $400 / week
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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.

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.