FOR SALE
$735,000

23 Phalaris Lane
Bundalong VIC 3730

Bedrooms: 5
Bathrooms: 2
Car spaces: 7
Land area: 702m2
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"VERSATILITY IS KEY"

Situated along the beautiful tree lined street of "Phalaris Lane" in the popular water sporting township of Bundalong stands this low maintenance property boasting two dwellings adding huge appeal for family living and the prudent investor to capitalise on the bullish holiday rental market.
Principal residence: Three bedrooms, family bathroom, open plan kitchen / meals and living area with pitched ceiling, ducted evaporative cooling, split system air conditioner and wood fire.
Bungalow: Two bedrooms (one comprising of shower / vanity and BIR), large living space, kitchenette, evap cooling and gas log fire.
Additional features include steel shed / workshop, compact outdoor sitting area, River water allocation for irrigation purposes and ample off street parking to accommodate large boats and cars.
Now is your opportunity to secure a unique package in one of the most rapidly growing market places in the North East of Victoria at a price that won't break the budget.
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Property Details for 23 Phalaris Lane, Bundalong

23 Phalaris Lane, Bundalong is a 5 bedroom, 2 bathroom House with 7 parking spaces. The property has a land size of 702m2. The place is currently for sale with Elders Real Estate Yarrawonga.

Building Type
House
Land Size
702m2

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About Bundalong 3730

The size of Bundalong is approximately 66.5 square kilometres. It has 2 parks. The population of Bundalong in 2011 was 606 people. By 2016 the population was 411 showing a population decline of 32.2% in the area during that time. The predominant age group in Bundalong is 50-59 years. Households in Bundalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundalong work in a managers occupation. In 2011, 81.1% of the homes in Bundalong were owner-occupied compared with 83.7% in 2016.

Bundalong has 706 properties. Over the last 5 years, Houses in Bundalong have seen a 51.60% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bundalong is $966,846 while the median value for Units is $431,997.
  • Houses have a median rent of $460.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Bundalong on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Bundalong.

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Xavier Leslie
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Leigh Ramsdale
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Elders Real Estate Yarrawonga
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