23 Herbert Way, Bannockburn, VIC 3331 sold on 16 January 2026 | OnTheHouse
SOLD
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Sold on 16 Jan 2026 for $568,000

23 Herbert Way
Bannockburn VIC 3331

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 4004m2
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Property Details for 23 Herbert Way, Bannockburn

Building Type
Land
Land Size
4004m2
Local Government
Golden Plains
Lot/Plan
6/PS824624

Last Listing description (February 2026)

Make your property dreams a reality with this fantastic vacant lot in the heart of Bannockburn. Wide frontage, flat and a generous 4,004 sqm in size, this is your opportunity to build the family home you've always wanted.

Whether you picture a modern home with open-plan living and a large alfresco area for entertaining, or a cozy farmhouse with a welcoming verandah, theres plenty of space to create the home youve always dreamed of (STCA). Enjoy stunning views over the beautiful countryside, with room for a veggie garden and chickens.

The only thing left to do is pick your dream home design and start building. Youll be surrounded by well-kept acreage properties, yet only 5 minutes from the Bannockburn town centre and local primary and secondary schools. Geelongs shops, services, and more schools are just a 25-minute drive away.

Property History for 23 Herbert Way, Bannockburn, VIC 3331

A timeline of how this property has performed in the market
Last Sold
$568,000
16 Jan 2026
  • 16 Jan 2026
    Sold for $568,000
  • 27 Nov 2025
    Listed for Sale $550,000 - $590,000
  • 28 Apr 2025
    Listed for Sale $550,000 - $590,000
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About Bannockburn 3331

The size of Bannockburn is approximately 82.7 square kilometres. It has 1 park covering nearly 0.6% of 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 3,106 properties. Over the last 5 years, Houses in Bannockburn have seen a 16.25% increase in median value, while Units have seen a 14.94% increase. As at 31 January 2026:

  • The median value for Houses in Bannockburn is $1,079,896 while the median value for Units is $415,285.
  • Houses have a median rent of $600 while Units have a median rent of $398.
There are currently 8 properties listed for sale, and 1 property listed for rent in Bannockburn on OnTheHouse. According to Cotality's data, 172 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.