239 Burnside Road, Bannockburn VIC 3331
239 Burnside Road, Bannockburn VIC 3331
239 Burnside Road is a 2005-built single-level house with 4 bedrooms, 2 bathrooms, and parking for 3 cars, set on a 1.25-hectare allotment with 261 square metres of internal living space.
This property occupies a distinct position in Bannockburn by combining a substantial 1.25-hectare allotment with a modern, family-oriented floor plan. The land size is notably larger than typical for the area, offering genuine rural-residential potential without the compromise of an older or smaller home. The 2005 construction means the house is still relatively current in terms of layout and systems, which reduces immediate renovation needs. This configuration serves families or semi-rural professionals who want space for outdoor activities, gardens, or small livestock while retaining a comfortable, contemporary interior. The property’s blend of country charm and modern practicality makes it a competitive option for buyers seeking privacy and land without moving to a more remote location.
The value of this property may be influenced by its specific positioning within Bannockburn’s market. The large land size might command a premium, but buyers should weigh this against potential maintenance costs for the grounds and the distance from urban services. The single-level design and consistent four-bedroom configuration across most sources suggest a straightforward, functional layout that appeals to a broad buyer pool. However, the absence of confirmed outbuildings or specialised rural infrastructure could limit the property’s appeal to those requiring immediate facilities for animals or equipment. The property’s age and finishes, while solid, may not match the highest-end contemporary builds, so pricing should reflect its practical strengths rather than luxury finishes.
Detailed Independent Property Report prepared by PropCred Analyst team for 239 Burnside Road, Bannockburn VIC 3331
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
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
4
Bathroom
2
Parking
3
Land
1.25 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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