Home/Properties/Buninyong/501-503 Somerville Street
501-503 Somerville Street, BuninyongExpressions Of Interest Closing July 10 2026 @ 4PM
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501-503 Somerville Street

Buninyong, VIC 3357, Australia
EOI
6 car1.66 ha

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Buninyong price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$703kcurrent median

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About this property

Positioned in the very heart of Buninyong and occupying a prominent corner location at Somerville and Warrenheip Streets, this exceptional parcel of land of approx. 4.1 acres presents one of the most significant opportunities to come to market in recent years. Offering an outstanding combination of size, location, infrastructure and future potential, this is arguably the largest available allotment within walking distance of Buninyong's thriving township centre. Whether you are seeking the perfect location to build an exceptional lifestyle residence, establish a business base with substantial shedding, landbank for the future, or explore development opportunities (STCA), this unique holding delivers possibilities rarely found in such a tightly held and highly sought-after community. With rich volcanic soils, water connected, an impressive existing shed and three street frontages, this is a truly once-in-a-generation opportunity. The exceptional corner position with frontage to Somerville Street, Warrenheip Street and a third boundary access point from Winter Street, provides outstanding accessibility, flexibility and future planning potential. This is the rarest of opportunities to secure a substantial parcel of land within walking distance of Buninyong's cafes, shopping precinct, schools, sporting facilities and community services. Fertile volcanic soils renowned throughout the district, ideal for gardening enthusiasts, hobby farming pursuits, lifestyle living or future landscaping projects. Impressive 18m x 14m shed already established on the property, featuring concrete flooring, power connected and generous high-clearance space suitable for vehicles, machinery, storage, workshops or trade-based operations. Town water connected to the property, providing immediate convenience and reducing establishment costs for future improvements or development. Outstanding future development potential (STCA), with the size, access and multiple frontages creating exciting possibilities for investors, developers and long-term landholders. Ideal setting to create a premium lifestyle residence with ample room for extensive shedding, gardens, recreational facilities and open space while remaining close to every township convenience. Located within easy walking distance of quality primary schooling, childcare facilities, sporting reserves, recreation facilities, local shops, cafes and the vibrant Buninyong village atmosphere. Convenient access to Ballarat's CBD, major shopping centres, hospitals, universities and employment hubs while enjoying the charm, community spirit and country lifestyle that make Buninyong one of the region's most desirable townships. Opportunities of this calibre are seldom available and are unlikely to be repeated. Contact Matt Edwards on 0401 728 881 for more info!

Property Features

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    Repayment calculator

    $2,860/month
    $1,430 /fortnight
    Loan $472,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$118,000
    Stamp duty$30,470
    Conveyancing (est.)$2,000
    Total upfront$150,470
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Parking
    6
    Land Area
    1.66 ha
    Listed
    3 weeks ago

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