Bannockburn Suburb ProfileVictoria 3331
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Bannockburn has 3,004 properties. Over the last 5 years, Houses in Bannockburn have seen a 48.84% increase in median value, while Units have seen a 5.37% increase. As at 30 November 2024:
- The median value for Houses in Bannockburn is $688,498 while the median value for Units is $324,544.
- Houses have a median rent of $560 while Units have a median rent of $400.
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.
Market Insights
Bannockburn Trends for Houses
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Bannockburn Trends for Units
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Neighbourhood Insights
Age
Population 5,256
0-9
17%
10-19
15%
20-29
11%
30-39
15%
40-49
15%
50-59
9%
60-69
9%
70-79
5%
80-89
2%
90-99
1%
Household Structure
Occupancy
Recent Sales in BANNOCKBURN 3331
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Properties for sale in BANNOCKBURN 3331
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Last Updated: 19/12/2024
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