Perfectly positioned high on the hill in the charming township of Learmonth, this rare landholding at 113 Bankin Street offers an exceptional opportunity to secure a sizeable parcel in one of the region’s most picturesque and fast-evolving settings. Enjoy the peaceful village atmosphere with direct pedestrian access to High Street, connecting you to local cafes and the township, along with the lake foreshore, football ground, and the newly emerging town centre just moments away — all while being only a short 15-minute drive from Ballarat and within rapid reach of Lucas via the scenic Avenue of Honour.

Set on approximately 1.04 acres (4,250m²), this fully serviced allotment boasts sweeping views over Lake Learmonth and the surrounding countryside. Overlooking the beautiful historic church, the property combines privacy, elevation, and a sense of character that’s hard to replicate. You’ll also enjoy easy access to Lake Burrumbeet, popular for water sports, and the nearby Ballarat Racecourse, adding to the lifestyle appeal.

Offering exciting subdivision or development potential (STCA), this site provides endless possibilities — build your dream home with space to spare, pursue a multi-lot development, or invest in a substantial holding and recoup your purchase cost over time. With major multimillion-dollar developments taking shape nearby, including new builds on Bankin Street, along the lake, and across the road, the area is experiencing significant growth and transformation. Surrounded by large, stately colonial-style homes, this address promises strong long-term value in a prestigious pocket.

Enjoy proximity to the Pyrenees wine region via the Sunraysia Highway, Ballarat’s renowned schools, hospitals, universities, sporting facilities, theatres, and arts precinct, plus direct Melbourne connections via the upgraded train station and shuttle links. Travel time to Melbourne Airport (Tullamarine) is approximately 1 hour and 20 minutes, making this the ideal semi-rural base for professionals, families, or investors seeking lifestyle and convenience in equal measure.

Opportunities of this scale and position are increasingly rare in Learmonth — secure your slice of this sought-after lakeside township and invest in the future of this growing regional hub today.