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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. Below are a snapshot of this suburb via buyer demand index.
| Total developments | 2 |
| City council | Golden Plains Shire Council |
| Buying Purposes | Buy to live in (48%) |
| Preferred Land Sizes | 500m² - 699m² (32%) |
| Preferred Land Settlement Time | Titling in 12 - 24 months (23%) |
| Preferred Building Types | Single storey home (60%) |
| Preferred Floor-plans | 4 bed | 2 bath | 2 car (42%) |
| Preferred Amenities | Shopping centres (30%) |
| Residency Status | Australian citizen (88%) |
| Financial Status | Deposit ready (32%) |
| Building Budget | Not sure (23%) |
| Timeframe to Purchase | 1 - 3 months (27%) |
| Nearby distances | 20 km north-west to Geelong CBD 74 km west to 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 01/06/22
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
2 estates | Golden Plains Shire Council
11.6km south-west
Lovely Banks VIC 3213
3 estates | City Of Greater Geelong
13.3km east
Fyansford VIC 3218
2 estates | City Of Greater Geelong
13.7km south-east
FAQs about Bannockburn VIC 3331
What's the average price for new land lot in Bannockburn?
- In Oct - Dec 21, the median price for vacant land in Bannockburn VIC 3331 was $415,000.
What's the recent price change for new land lot in Bannockburn?
- From Oct - Dec 17 to Oct - Dec 21, the median price for vacant land in Bannockburn VIC 3331 has increased 112.28%.
- 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 cities & amenities is Bannockburn VIC 3331 near to?
Bannockburn VIC 3331 is near the following:
- 20 km north-west to Geelong CBD
- 74 km west to Melbourne CBD
What is the most desired land size in Bannockburn VIC 3331?
32% of new home buyers in Bannockburn VIC 3331 are looking for 500m² - 699m² land size.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
What is the most desired floor-plans in Bannockburn VIC 3331?
42% of new home buyers in Bannockburn VIC 3331 are looking for 4 bed | 2 bath | 2 car floor-plans.
View more on the Buyer Demand Index
View more on the Buyer Demand Index
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