Back 5 Riceflower Road
Off Market

5 Riceflower Road

Bannockburn VIC 3331

524 m²
Land
Last sold for $325,000
Yan LinYan Lin, last sold this property on 15 April 2026 after 26 days on market.

Overview

Premium Land Opportunity in Prestigious Somerset Estate

Discover the perfect canvas for your future home at 5 Riceflower Rd, Bannockburn. Set on a generous 524m² allotment, this level block offers an exceptional opportunity to build your dream residence in the highly sought-after and now sold-out Stage 21 of the prestigious Somerset Estate. Boasting a practical 14.9m frontage, the block provides endless possibilities for design, allowing you to create a home that perfectly suits your lifestyle. Envision a stunning residence complete with landscaped gardens, outdoor entertaining areas, and plenty of space to enjoy relaxed living in a peaceful setting. Ideally positioned, the property adjoins walking tracks and scenic wetlands, while being just a short stroll to local schools, sporting facilities, and the recreation reserve. You’ll also enjoy convenient access to quality shopping and all the amenities Bannockburn has to offer. Experience the best of both worlds with a relaxed country lifestyle, all within easy reach of town conveniences. Plus, with Geelong CBD only 20 minutes away and straightforward access to Melbourne, this location is perfect for commuters. Secure your place in one of Bannockburn’s most desirable estates and start planning your future today—opportunities like this don’t last long. *All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Features

524 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Bannockburn over the last 12 months, the estimated median property value of 5 Riceflower Road is $465k.

Median value
$465k
Estimated value range
$215k - $590k
Median days on market
97
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bannockburn. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Riceflower Road

2026
Sold
$325,000
15 Apr 2026 by Yan Lin, of Hayeswinckle East Geelong

Happy sellers in Bannockburn

86%
86% of sellers in Bannockburn reported that their sale price either exceeded or met their price expectations.

Bannockburn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Bannockburn over the last 12 months.

Local market activity for land plots in Bannockburn

In the last 12 months, 35 land plots similar to 5 Riceflower Road, have been sold.

This represents a 150% decrease in land plots sales when compared to the previous 12 months.

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