12 Master Way, Bannockburn, VIC 3331 | Property Value & History | OnTheHouse
OFF MARKET

12 Master Way
Bannockburn VIC 3331

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 238m2
Land area: 4501m2
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Property Details for 12 Master Way, Bannockburn

Building Type
Rural
Year Built
2021
Floor Size
238m2
Land Size
4501m2
Local Government
Golden Plains
Lot/Plan
28/PS824624

Last Listing description (October 2024)

Save yourself the hassle and expense of building from scratch by opting for this nearly new residence. Boasting 4 bedrooms, 3 living areas, 2 bathrooms, and an alfresco area enveloped by mature trees, it offers ample space and opportunities for customization to suit your preferences.

The master bedroom boasts two large walk-in robes, a split system, and a luxurious ensuite with stone benchtops, a bath, and a spacious shower with recess. The remaining three bedrooms are located in the left wing of the house, with two offering walk-in robes and the third having a built-in robe. They are accompanied by a central bathroom and a separate toilet.

With three living zones available, it's ideal for a growing family or anyone who values space. The 'Rumpus' room could easily be transformed into a personal cinema room, while another area is perfect for a kids' play space or a home office. The main living area, complemented by a split system, is connected to the kitchen area, which features stone benchtops, a gas cooktop, an electric wall oven, and a butler's pantry complete with a dishwasher.

The backyard offers a blank canvas with easy access to the rear of the property, providing ample space for your dream shed while enjoying privacy and views of established trees.

Situated just a 25-minute drive from central Geelong, 45 minutes from Ballarat, and only 15 minutes from the ring road, this property presents a fantastic opportunity to enter the Bannockburn acreage market.

Property History for 12 Master Way, Bannockburn, VIC 3331

A timeline of how this property has performed in the market
Last Sold
$860,000
03 Sep 2024
  • 03 Sep 2024
    Sold for $860,000
  • 20 Mar 2024
    Listed for Sale Contact Agent
  • 02 Dec 2020
    Sold for $399,000
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About Bannockburn 3331

The size of Bannockburn is approximately 82.7 square kilometres. There is 1 park, covering nearly 0.6% of the total area. The population of Bannockburn in 2016 was 5283 people. By 2021 the population was 6470 showing a population growth of 22.5% 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 2021, 87.20% of the homes in Bannockburn were owner-occupied compared with 84.40% in 2016.

Bannockburn has 3,137 properties. Over the last 5 years, Houses in Bannockburn have seen a 7.89% increase in median value, while Units have seen a 26.75% increase. As at 30 June 2026:

  • The median value for Houses in Bannockburn is $771,536 while the median value for Units is $450,070.
  • Houses have a median rent of $630 while Units have a median rent of $405.
There are currently 9 properties listed for sale, and 1 property listed for rent in Bannockburn on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Bannockburn.

Suburb Insights for Bannockburn 3331

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.