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Somerset Estate - Bannockburn
Land sizes range from 490m2 to 760m2
Land for Sale, House & Land and Townhouses in Bannockburn VIC 3331 across 2 estates.
- Bannockburn VIC 3331 is governed by Golden Plains Shire Council.
- Bannockburn VIC 3331 is 74 km west of Melbourne CBD.
Popular Estates near Bannockburn VIC 3331
Popular Estates near Bannockburn
Land Price Trend in Bannockburn VIC 3331
Below shows the price trend from vacant land sales recorded in Bannockburn VIC 3331. *
| Year | Median price * |
|---|---|
| 2008 | $121,000 |
| 2009 | $116,000 |
| 2010 | $125,000 |
| 2011 | $140,000 |
| 2012 | $139,500 |
| 2013 | $150,000 |
| 2014 | $149,000 |
| 2015 | $146,000 |
| 2016 | $155,000 |
| 2017 | $165,000 |
| 2018 | $255,500 |
| 2019 | $279,500 |
| 2020 | $267,000 |
* Price data comes from Valuer-General Victoria on 07/07/21
Suburbs near Bannockburn VIC 3331
Teesdale VIC 3328
3 estates | Golden Plains Shire Council
9.8km west
Batesford VIC 3213
1 estate | Golden Plains Shire Council
10.1km south-east
Lethbridge VIC 3332
5 estates | Golden Plains Shire Council
11.1km north
Inverleigh VIC 3321
1 estate | Golden Plains Shire Council
11.6km south-west
Lovely Banks VIC 3213
2 estates | City Of Greater Geelong
13.3km east
Fyansford VIC 3218
1 estate | City Of Greater Geelong
13.7km south-east
New Home Buyer Demand in 3331
Below are a snapshot of what most new home buyers look for in postcode 3331 via our buyer demand index.
- Buying Purposes: Buy to live in (52.1%)
- Preferred Land Sizes: 500m² - 699m² (21.94%)
- Preferred Land Settlement Time: Titled land (22.03%)
- Preferred Building Types: Single story home (59.66%)
- Preferred Floor-plans: 4 Bed | 2 Bath | 2 Car (43.75%)
- Preferred Amenities: Shopping centres (23.48%)
- Residency Status: Australian citizen (84.62%)
- Financial Status: Deposit ready (28%)
- Building Budget: $200,000 - $300,000 (27.59%)
- Timeframe to Purchase: 1 - 3 months (29.89%)
FAQs about Bannockburn VIC 3331
What's the average price for new land lot in Bannockburn?
- In Jan - Mar 21, the median price for vacant land in Bannockburn VIC 3331 was $396,800.
What's the recent price change for new land lot in Bannockburn?
- From Oct - Dec 17 to Jan - Mar 21, the median price for vacant land in Bannockburn VIC 3331 has increased 102.97%.
- From 2008 to 2020, the median price for vacant land in Bannockburn VIC 3331 has increased 120.66%. *
Which council does Bannockburn VIC 3331 belong to?
Bannockburn VIC 3331 falls under Golden Plains Shire Council .
Learn more about Golden Plains Shire Council
Learn more about Golden Plains Shire Council
What is the distance from Bannockburn VIC 3331 to Melbourne CBD?
Bannockburn VIC 3331 is 74 km west of Melbourne CBD.
Which schools are in Bannockburn VIC 3331?
There is 1 school registered in Bannockburn VIC 3331.
- Bannockburn P-12 College
What suburbs are near Bannockburn VIC 3331?
There are 6 suburbs near Bannockburn VIC 3331.
- Teesdale VIC 3328 | 9.8km west
- Batesford VIC 3213 | 10.1km south-east
- Lethbridge VIC 3332 | 11.1km north
- Inverleigh VIC 3321 | 11.6km south-west
- Lovely Banks VIC 3213 | 13.3km east
- Fyansford VIC 3218 | 13.7km south-east