FOR SALE
Expressions of Interest

North Road
Bungaree TAS 7256

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 27.32ha
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Expansive 27.32-Hectare Parcel of Land

Offering an exceptional opportunity, we present to you a magnificent 27.32-hectare parcel of land located on King Island's picturesque North Road. This beautiful property is perfect for those seeking a tranquil and serene environment surrounded by nature's wonders. With its Grazing/Pastoral-Open zoning, you have the freedom to explore various possibilities for this expansive piece of land.
Location: Situated on the highly sought-after North Road in Bungaree, this property benefits from a serene countryside setting while being conveniently accessible to nearby amenities.
Size: With a vast expanse of 27.32 hectares (approximately 67.6 acres), this land offers endless possibilities for development, grazing, or creating your dream rural retreat.
Zoning: The property is zoned as Grazing/Pastoral-Open, providing you with the flexibility to explore a range of potential uses. Whether you have aspirations for a farming venture, running livestock, or embracing the tranquillity of bushland living, this zoning opens up opportunities aplenty.
Natural Beauty: Surround yourself with the unspoiled beauty of King Island's landscape. Lush greenery, gentle slopes, and bushland vistas create an idyllic backdrop for your rural escape. Enjoy breathtaking sunsets, fresh country air, and the peaceful ambiance that this location offers.
Contact us now to arrange a private viewing and discuss this exceptional opportunity further.
*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property Details for North Rd, Bungaree

Building Type
Land
Land Size
27.32ha

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About Bungaree 7256

The size of Bungaree is approximately 77 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Bungaree in 2011 was 1,091 people. By 2016 the population was 12 showing a population decline of 98.9% in the area during that time. The predominant age group in Bungaree is 0-9 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation. In 2006, 76.6% of the homes in Bungaree were owner-occupied compared with 59.1% in 2011..

Bungaree has 21 properties. Over the last 5 years, Houses in Bungaree have seen a 24.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bungaree is $774,892.
There are currently 2 properties listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Bungaree.

Suburb Insights for Bungaree 7256

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Kyle Barrett
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Ken Jones
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Parry Real Estate Pty Ltd - PROSPECT
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.