166 Russell Road, Bannockburn VIC 3331

166 Russell Road, Bannockburn VIC 3331
**Lifestyle equestrian estate | 36 hectares with 11 yards | Bushfire overlay present | Views to You Yangs** This property is competitively defined by its rare combination of a substantial modern residence, a self-contained bungalow, and extensive equestrian infrastructure on a significant landholding within the Bannockburn area. The fully fenced paddocks, yards, sand track, and large shed with amenities serve a dedicated horse-keeping buyer or a family seeking a self-sufficient lifestyle estate. The residence itself offers generous internal space, multiple living zones, and finishes such as stone benchtops and a gas log fire, while the secondary dwelling provides flexible accommodation for guests or staff. This property sits well above typical local stock in scale and specialization, making it best suited for a buyer who values rural privacy, immediate horse facilities, and a turnkey holding near Geelong and Melbourne. The bushfire overlay detected on the property may influence insurance premiums or future landscaping requirements, and it is a factor worth verifying with local planning authorities. The specialist nature of the holding narrows the potential buyer pool compared to standard family homes, which might affect how quickly the property transacts or how motivated sellers are in quieter market periods. The size of the land and infrastructure also implies ongoing maintenance costs that should be factored into any ownership budget. These elements do not diminish the property’s inherent appeal but are practical considerations for forming a balanced view on value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 166 Russell Road, Bannockburn VIC 3331
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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Bannockburn VIC 3331

Bannockburn is a family-oriented suburb with a young demographic, where demand is currently tempered by an oversupply of listings. This has created a buyer’s market, with properties taking longer to sell than the regional average, requiring realistic vendor expectations. While recent quarterly price movements have shown some strength, the broader annual growth trend remains subdued. Future performance will hinge on the absorption of available stock and sustained demand from its established trade-based workforce.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

4

Land

36.42 ha

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Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst