Bannockburn, VIC 3331
Golden Plains Shire CouncilAll suburbs in postcode 3331
Updated
Median house price
$707,000
Median unit price $293,040.
Median · Land Victoria · the latest published quarter (updated May 2026)
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House prices in Bannockburn
Houses change hands at $707,000 on a typical sale, below the Victoria median. Units come in around $293,040, roughly 59% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $141,000. Prices are below the Victoria median, which keeps Bannockburn on the radar for first-home buyers and right-sizers.
Free appraisal in Bannockburn
What’s your home worth in Bannockburn?
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What to know about Bannockburn
Bannockburn (3331) sits in the Golden Plains region of Victoria. The median house here is $707,000, below the Victoria median of around $850K.
Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Bannockburn scores 42/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 505 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 1 government primary, 1 Catholic.
Schools in Bannockburn
Schools serving Bannockburn: government first, then Catholic and independent.
Government schools
Bannockburn P-12 College
Lethbridge Primary School
Non-government schools
St Mary MacKillop Catholic Primary School
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 42/100
- Transit
- 0/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Crime and safety
152 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 505 mm
- Hottest month, avg max
- 26.0°C
- Coldest month, avg min
- 5.6°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Bannockburn
- What is the median house price in Bannockburn?
- The median house price in Bannockburn, VIC 3331 is $707,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $293,040.
- How much is my house worth in Bannockburn?
- A useful starting point is the Bannockburn median house price of $707,000 (units $293,040). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Bannockburn postcode?
- Bannockburn is in the 3331 postcode, in VIC, in the Golden Plains Shire Council region.
- Where is Bannockburn?
- Bannockburn is a suburb in the Golden Plains Shire Council area, VIC 3331.
- What schools are in Bannockburn?
- There are 3 schools serving Bannockburn on this page, including Bannockburn P-12 College, St Mary MacKillop Catholic Primary School, Lethbridge Primary School.
- How walkable is Bannockburn?
- Bannockburn has a Walk Score of 42 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Bannockburn?
- Bannockburn is close to Russells Bridge, Sutherlands Creek, Gheringhap, Murgheboluc, Teesdale.
Selling in Bannockburn? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.